Increasing number of small real estate companies cater to growing middle class

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VietStock FI English 2 day(s) ago

A few skilled former real estate agents, who have built up their own networks, are taking advantage of their potential and starting their own business in response to the growing middle-class demographic.

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Without toll charges, northwest Phnom Penh gains traction

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VietStock FI English 2 day(s) ago

Phnom Penh and Kompong Speu relations have been strengthened after the halt of toll operations on National Road 4, while factories, enterprises, and the population continue to grow, according to property experts and officials.

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Residential developments shift towards mid-range condos

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VietStock FI English 3 week(s) ago

High-end condominium supply continues to outpace demand for the lack of ability to serve locals’ housing needs while the stress on Phnom Penh to further urbanise accelerates.Thus, developers are starting to focus on mid-range condominiums to cater to the slow but growing middle class that are altering their conventional housing habits, real estate experts say.

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Middle class: The key to fighting climate change?

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Báo Thanh Niên English 3 week(s) ago

Caroline Anstey, global head of UBS and society at UBS, discusses her report on climate change and how it impacts the middle class. She speaks to Bloomberg's Stephen Engle on "First Up" at the UBS Greater China Conference in Shanghai.

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Foreign carmakers cash in on Vietnamese middle-class families’ car-buying rush

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Báo Tuổi Trẻ English 3 week(s) ago 3 related news

Foreign carmakers cash in on Vietnamese middle-class families’ car-buying rush

Ask about the dream of any Vietnamese middle-class family and you will quickly get a humorous wish list - “one wife, two children, a three-story (town)house, and a four-wheeled car.” A set of progressive figures, they are considered to bring luck to Vietnamese people if they become a reality in the same sequence.

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Vietnamese consumers willing to spend, ANZ Chief Economist

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VietnamNet English 1 month(s) ago

Vietnamese consumers willing to spend, ANZ Chief Economist

Mr. Glenn Maguire, ANZ Chief Economist, South Asia, ASEAN & Pacific, spoke about consumption trends in Vietnam now and in the future.

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Will foreign investors leave because the domestic market is too small?

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VOV News English 1 month(s) ago

Will foreign investors leave because the domestic market is too small?

Some foreign investors have warned that they may leave Vietnam because of unfavorable conditions to do business. However, Vietnamese businesses and analysts believe they will stay in the country.

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Commercial banks rush to enter retail services

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VietnamNet English 1 month(s) ago 1 related news

Commercial banks rush to enter retail services

VietNamNet Bridge - Banks in the last three years have rushed to provide retail banking services, encouraged by the increased spending of middle-class income earners. Fifty-three percent of the 95 million population are of working age.

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Serious investment for Sihanoukville

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VietStock FI English 2 month(s) ago

Serious investment for Sihanoukville

Sihanoukville is becoming more than just a place to soak up the sun on a slow weekend; it’s attracting the interest of serious investors looking to cash-in on a growing middle class in the coastal city.

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Rocket Internet's Lazada to double SE Asia warehouses amid e-commerce boom

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Báo Thanh Niên English 2 month(s) ago

Rocket Internet's Lazada to double SE Asia warehouses amid e-commerce boom

Lazada, the Southeast Asia-focused online retailer founded by Germany's Rocket Internet, plans to double the number of warehouses in the region over the next few years to keep up with a surge in e-commerce from customers outside big cities.

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Viet Nam Property Awards 2016 returns for a second year

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Báo Đầu Tư English 2 month(s) ago

Viet Nam Property Awards 2016 returns for a second year

Building on the success of its debut event in 2015, Viet Nam's most recognised and respected real estate awards will feature the leading developers and developments from around the country.

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Catering named most franchised business in Vietnam

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VOV News English 2 month(s) ago 1 related news

Catering named most franchised business in Vietnam

Catering is currently the most franchised business in Vietnam, accounting for 43.7% of the recorded franchise deals, according to the Ministry of Industry and Trade’s Domestic Market Department.

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Vietnam auto imports nearly double in 2015

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Báo Dân Trí English 2 month(s) ago 1 related news

Vietnam auto imports nearly double in 2015

The ports of Vietnam saw auto imports surge 82.8% in volume and 91% in value on-year for the eleven months January-November of 2015, according to the latest figures of the General Statistics Office (GSO).

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Vietnam auto imports nearly double in 2015

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VOV News English 2 month(s) ago 1 related news

Vietnam auto imports nearly double in 2015

(VOV) - The ports of Vietnam saw auto imports surge 82.8% in volume and 91% in value on-year for the eleven months January-November of 2015, according to the latest figures of the General Statistics Office (GSO).

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Shift in Aeon tenant mix as high-end brands replaced by cheaper options

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VietStock FI English 2 month(s) ago

Shift in Aeon tenant mix as high-end brands replaced by cheaper options

Concerns are that, while the middle class is growing, Cambodia’s consumer base is not yet able to support premium retailers

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