Five-month FDI hits US$8.5 billion

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VOV News English 3 hour(s) ago

Five-month FDI hits US$8.5 billion

(VOV) - Vietnam has so far this year attracted US$8.517 billion in newly registered and additional FDI capital, up 8.9 percent over the same period last year.

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BUSINESS IN BRIEF 24/5

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VietnamNet English 2 day(s) ago 1 related news

Revealing real estate tricks of the trade

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Buildbank takes shape, raises controversy

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VietnamNet English 4 day(s) ago

Buildbank takes shape, raises controversy

VietNamNet Bridge – Buildbank, the commercial bank which aims to mobilize capital and lend money in the real estate and construction sector, has been formed up.

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Investor found for pedestrian bridge to Thu Thiem

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SaigonTimes English 5 day(s) ago

HCMC – HCMC authorities have approved Dai Quang Minh Real Estate Investment Joint Stock Company as the project owner of the pedestrian bridge project connecting District 1 with Thu Thiem new urban area under the build-transfer (BT) format.

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Bad debts falling in Vietnam's ailing banks, gov't says

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Báo Thanh Niên English 6 day(s) ago

Bad debts falling in Vietnam's ailing banks, gov't says

The ratio of non-performing loans held by Vietnam's troubled banks eased slightly in the first quarter as they have become better at controlling bad debt, though the overall level of NPLs remained high, the government said on Monday.

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Investors remain pessimistic over realty market

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Báo Tuổi Trẻ English 6 day(s) ago

Investors remain pessimistic over realty market

The government’s recently-released house-buying stimulus has failed to make investors optimistic about the shares of construction or real-estate companies, which posted gloomy business results at recent shareholder meetings.

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Package looks to provide silver bullet

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

Package looks to provide silver bullet

A long-awaited VND30 trillion ($1.44 billion) credit package was last week rolled out to act as a silver bullet to unlock the stagnant property market.

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Officials question housing inventory surge

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Báo Thanh Niên English 1 week(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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State Bank package fires property market

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VietNam News English 1 week(s) ago 1 related news

Property developers are beginning to sell apartments in anticipation of the State Bank's credit package of VND30,000 billion (US$1.5 billion) for builders, the Sai Gon Giai Phong ( Liberated Saigon) newspaper reported.

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More staff recruited by realty brokerage firms

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SaigonTimes English 1 week(s) ago

More staff recruited by realty brokerage firms

HCMC – Regardless of the current woes faced by the real estate market, many realty brokerage firms are racing to recruit more staff to expand operations and deploy new business plans to approach customers and market products more effectively.

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VND30-trillion package yet to spur realty stocks

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SaigonTimes English 1 week(s) ago

HCMC – The VND30-trillion housing loan package officially announced late in the morning helped the market claw back from early losses on Wednesday but real estate and construction stocks were yet to get a boost from this policy.

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Value of transactions must be reported to the State Bank

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Hanoi Times English 1 week(s) ago

The Hanoitimes - On April 18, the Prime Minister issued Decision 20/2013/QD-TTg o­n high value transactions subject to report ("Decision 20").

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Vincom Village wins Int’l real estate award

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VietnamPlus English 1 week(s) ago 1 duplicate news

Vincom Village Eco-urban Township has become the first Vietnamese project to be awarded the title “Best Mixed-Use Development – Asia Pacific” at the International Property Awards in Malaysia.

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New stimulus plan buoys stock market

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VietnamPlus English 1 week(s) ago 2 related news

While the stock market in general reacted positively on May 15 to a new 30 trillion VND (1.4 billion USD) real estate support package, shares of companies in the sector saw little change.

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$1.44 bln in aid for house-buyers to take effect June 1

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Báo Tuổi Trẻ English 1 week(s) ago 1 related news

$1.44 bln in aid for house-buyers to take effect June 1

Members of the public will be able to borrow loans at only 6 percent a year to purchase social houses as of June 1, according to a circular released Wednesday by the State Bank of Vietnam and the Ministry of Construction.

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