Long game to provide results

Long game to provide results

In a difficult economy, investors long for a crystal ball that shows some rays of hope - or perhaps the silver lining on a dark cloud.
Property market to remain gloomy throughout 2013

Property market to remain gloomy throughout 2013

Despite receiving support from the government, economic difficulties are expected to keep Vietnam’s real estate market down until the end of 2013, veteran experts have said.
Nguyen Alliance muscles up operations

Nguyen Alliance muscles up operations

Nguyen Alliance Commercial Real Estate, a real estate consultant based in Ho Chi Minh City, last week further expanded its operation to the capital by setting up a joint service with Hanoi-based Cen Group.
SSC seeks REIT input

SSC seeks REIT input

The State Securities Commission, seeking ideas for introducing real estate investment trusts into the nation’s financial landscape, is seeking public responses to a draft circular.
Firms have plate full  of issues to chew on

Firms have plate full of issues to chew on

My opinion is that developers should admit the loss even up to 50 per cent of the products’ value in order to release stockpile as soon as possible.
Property credit valve is shut off

Property credit valve is shut off

Unfortunately, Vietnam will be considered a risk to the majority of foreign banks and therefore they will have strict lending criteria, requiring the developer to demonstrate they have a strong track record and the financial muscle.”- Stephen Wyatt Country director of Knight Frank
Door is still closed to condo sales

Door is still closed to condo sales

Vietnam’s stockpile of unsold condominiums in its two largest cities represents an under utilised investment totalling billions of US dollars.
Transaction floors count cost of failure

Transaction floors count cost of failure

Hanoi transaction floor centre owners are struggling with difficulties due to the market downturn caused by low liquidity.
Looking beyond the generally held property myths

Looking beyond the generally held property myths

Professor Dang Hung Vo – former deputy minister of Natural Resources and Environment and a well-known real estate expert, offers his assessment on the fluctuating property market in a forum ‘Real Estate Market – Status and Business Solutions’ organised by VIR recently.
Firms need to get back to core tasks

Firms need to get back to core tasks

Vietnamese enterprises that invested in non-core business areas are being burnt by the blow torch of failure.
Opening door to property

Opening door to property

Many Singaporean high-profile developers such as Ascendas, Sembcorp, Mapletree, Keppel Land and CapitaLand already have a firm footing in Vietnam. Dao Manh Hung, head of investment at Savills Hanoi, analyses the strengths of the island state’s investors and the opportunities they enjoy in Vietnam.
Ascendas sees room to move in Vietnam

Ascendas sees room to move in Vietnam

Ascendas, Asia’s leading business space provider, and prominent Vietnamese state-owned enterprise Protrade Corporation have teamed up to create Ascendas-Protrade Singapore Tech Park (APSTP), a superior quality business address in Binh Duong province. Han Ann Foong, country head of Ascendas Services Vietnam, tells VIR’s Bich Ngoc about the advantages and opportunities the company is offering customers.
Deathbed market slowly breathing

Deathbed market slowly breathing

Hanoi’s real estate market is starting to show some vital signs of life.
FDI property figures just a mirage

FDI property figures just a mirage

A huge amount of foreign investment registered in real estate sector fails to tell the true story of developers’ confidence in Vietnam.
Real Madrid focus on La Liga after Euro heartache

Real Madrid focus on La Liga after Euro heartache

Spanish hopes of a mouth watering Champions League final between Real Madrid and Barcelona evaporated this week with both sides crashing out at the semi final stage but at least Real have the consolation of being on the verge of claiming their first la liga title since 2008.
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