High demand for Vietnamese real estate

High demand for Vietnamese real estate

Vietnam remains one of Asia’s leading property markets, as shown by the variety of awards that judges award in the market
Leather industry faces challenges to maintain growth

Leather industry faces challenges to maintain growth

Leather goods manufacturers face obstacles in their attempts to maintain growth as many are forced to reduce their workforce.
Promotion of exports to be based on global demand

Promotion of exports to be based on global demand

Prime Minister Pham Minh Chinh has emphasised that the industry and trade sector needs to aim to reach 6 per cent growth in export value this year.
Investors call for bankable PPA and reasonable price policies for energy projects

Investors call for bankable PPA and reasonable price policies for energy projects

Nguyen Thai Ha, director of T&T Energy Group JSC said that it has faced challenges with power purchase agreements.
PM Dung's New Year message stresses top priorities

PM Dung's New Year message stresses top priorities

PM Nguyen Tan Dung has sent a New Year message emphasising the central tasks of 2013, which include institutional improvement, combination of monetary and fiscal policies, support for businesses, administrative reform, economic restructuring, and guarantee of social welfare.
OPEC ready to cut supplies in 2013 to support oil prices

OPEC ready to cut supplies in 2013 to support oil prices

OPEC will likely cut its oil production next year as prices risk falling in reaction to higher output from top crude consumer the United States and amid a slowing of energy demand growth, according to analysts.
AGainst the odds

AGainst the odds

Hard economic times have been taking a toll on all aspects of the high-end market, including sales of vacation homes and residential condominiums. Michael Piro, general director of Vietnam Sotheby’s International Realty, explains how despite this, he still manages to sell its high-end properties.
Gold industry upbeat despite consumer slump

Gold industry upbeat despite consumer slump

Global economic uncertainty will fuel the current surge in investment demand for gold, even as record prices force a slump in the jewellery market, the World Gold Council (WGC) said Thursday.
Exchange rates and the economy:  Renewed pressures

Exchange rates and the economy: Renewed pressures

Exchange rate pressures are returning with a vengeance from a number of directions to cloud the  macroeconomic picture well into 2012, writes former IMF economist Dr. Pham Do Chi.
Oil demand and growth estimates cut

Oil demand and growth estimates cut

The International Energy Agency said on Wednesday it was cutting its oil demand estimates again as the global economic outlook darkens, with significant downside risks.
Recalibration  of policy needed

Recalibration of policy needed

As the spectre of stagnation appears on the horizon, it may be time for Vietnam to consider a different policy direction.
US and others plan biggest release of reserve oil

US and others plan biggest release of reserve oil

The United States and other nations that depend on oil imports will release and sell 60 million barrels of crude from emergency stocks in an effort to ease the strain of high oil prices on the global economy.
IEA sees bulls still running around $110 oil price

IEA sees bulls still running around $110 oil price

High oil prices are slowing North American demand, and easing rich-country growth will crimp global oil usage this year but the price could hover around $110 per barrel, the IEA said on Thursday.
Southern hub property cycle near bottom

Southern hub property cycle near bottom

Recently, more companies have tried to occupy land lots for developing projects. Jeremy King, executive director of Knight Frank Vietnam, shared his views on the last upbeats of residential segment in Ho Chi Minh City.
The lowdown on the southern hub

The lowdown on the southern hub

Vu Quoc Thai, general director of VietRees, offers an overview of apartment market in Ho Chi Minh City
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