Government holds off cement loans on concerns of oversupply

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VietNam News English 1 week(s) ago

Government holds off cement loans on concerns of oversupply

The Government is not encouraging more investment in cement projects despite the industry reporting a first quarter increase in consumption due to higher domestic market demand.

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Cement consumption to hit 63 million tonnes

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VOV News English 3 month(s) ago 1 related news

Cement consumption to hit 63 million tonnes

(VOV) -The Construction Ministry predicts that Vietnam’s total consumption of cement will see a year-on-year increase of 3% and reach 63 million tonnes in 2014.

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$4.5 billion stuck in real estate

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VietnamNet English 3 month(s) ago

$4.5 billion stuck in real estate

VietNamNet Bridge – Real estate inventory has decreased more than 26 percent compared with the first quarter 2013 quarter, mainly in the segment of small and medium sized apartments, said Minister of Construction Trinh Dinh Dung.

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$4.85 billion of real estate inventories

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Báo Đầu Tư English 6 month(s) ago 1 related news

$4.85 billion of real estate inventories

Inventories at the end of September fell more than 20 per cent compared to the first half of the year; the estate market has had positive signs, according to the Ministry of Construction.

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$4.85 billion of real estate inventories

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VietnamNet English 6 month(s) ago 1 related news

$4.85 billion of real estate inventories

VietNamNet Bridge - Inventories at the end of September fell more than 20 percent compared to the first half of the year; the estate market has had positive signs, according to the Ministry of Construction.

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Incentives help spur on domestic real estate market

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VietNam News English 6 month(s) ago 2 related news

The real estate inventory is finally decreasing, albeit slowly, said an official of the Ministry of Construction.

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Cement price hikes projected to continue in Q4

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SaigonTimes English 7 month(s) ago

HCMC – Cement prices will continue rising slightly in the fourth quarter due to higher fuel and input material prices, the Building Materials Department under the construction ministry forecasts.

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Vietnam ministry wants to halt housing projects amid oversupply

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Báo Thanh Niên English 9 month(s) ago

To cut the oversupply of high-income housing, the Construction Ministry has proposed a temporary nationwide halt to the construction of all commercial housing projects that have completed less than 30 percent of their site clearance.

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Steel price picks up on power price hike

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SaigonTimes English 9 month(s) ago 1 duplicate news 1 related news

Steel price picks up on power price hike

HCMC – Construction steel price increased VND150,000 per ton on Monday under the impact of rising input costs, including higher electricity and fuel bills, said builders and steel dealers and manufacturers in HCMC.

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Housing shake-up offers hope for foreign buyers

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VietnamPlus English 9 month(s) ago 2 related news

More foreigners will be allowed to purchase houses in Vietnam under a recent proposal made by the Ministry of Construction.

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Vietnam mulls opening ailing real estate market to foreign buyers

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Báo Thanh Niên English 9 month(s) ago 2 related news

Vietnam mulls opening ailing real estate market to foreign buyers

Vietnam’s Ministry of Construction has proposed that foreigners residing in the country are given more chances to buy homes in Vietnam as part of efforts to reduce inventories in real estate sector.

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Vietnam, Cuba further economic ties

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VietnamPlus English 9 month(s) ago

Vietnam, Cuba further economic ties

Vietnam and Cuba have signed a memorandum of understanding (MoU) on building an agenda on bilateral economic cooperation, affirming the two Governments’ determination to further promote economic, trade and investment ties.

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Officials question housing inventory surge

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Báo Thanh Niên English 12 month(s) ago

Officials question housing inventory surge

New statistics show that real estate inventory rose sharply over the first quarter despite a lag in new projects, but officials suggest that last year’s stats may have ignored unfinished units while this year’s included all planned housing.

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VND30-trillion real estate bailout to take effect

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VOV News English 12 month(s) ago 1 related news

VND30-trillion real estate bailout to take effect

(VOV) -The Government has granted a credit stimulus package, amounting to VND30 trillion (nearly US$1.5 billion), to shore up the real estate sector.

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Developers lukewarm to home-for-rent segment

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SaigonTimes English 13 month(s) ago

HCMC – Many developers have ignored the idea of converting commercial condos into home-for-rent facilities as proposed by the Ministry of Construction in a petition just submitted to the Government, as the conversion is said to be not commercially viable.

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