In Ho Chi Minh City, a smaller project trend

In Ho Chi Minh City, a smaller project trend

Developers of serviced apartment projects in Ho Chi Minh City are thinking small - or at least smaller - in contrast to the bigger-is-better trend of that past.
Hanoi apartment prices slashed

Hanoi apartment prices slashed

Hanoi’s swollen apartment-for-sale market continues to search for scarce buyers as two of the city’s biggest projects became the latest to slash their asking prices.
Small is bigger for developers

Small is bigger for developers

Slicing up housing units into smaller ones is one effective way help real estate developers increase sales and liquidity in a stagnant market.
June’s auto sales continue to dip: VAMA

June’s auto sales continue to dip: VAMA

Total car sales in June reached 6,555 units, down 4.6 per cent from the previous month and 43 per cent over the same period last year, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
Transport fees freezing local automobile market: VAMA

Transport fees freezing local automobile market: VAMA

Transport fee used to limit personal vehicles have frozen the local automobile market, said Vietnam Automobile Manufacturers’ Association (VAMA) in a recent document sent to Hanoi authorities.
Auto sales leap 43 per cent in February

Auto sales leap 43 per cent in February

Seventeen members of the Vietnam Automobile Manufacturing Association (VAMA) last month sold a total of nearly 6,120 vehicles, down 25 per cent over the same period last year, but up a significant 43 per cent since January, the association reported.
Legal gears ready to kick in

Legal gears ready to kick in

Vietnam’s industrial zones (IZs), export processing zones (EPZs) and economic zones (EZs) have blossomed over the past 20 years thanks to the development of a raft of policies and mechanisms conducive to investment attraction, writes Vu Dai Thang, Director of the Ministry of Planning and Investment’s Department of Economic Zones Management  
Property moves with the times

Property moves with the times

It’s proving to be a tough year for the property sector. With the government tightening monetary policies and squeezing credit lines for property trading, not to mention a jump in the interest rates of property credit to more than 20 per cent per year, can listed realty companies really hit their targets this year? Nguyen Minh Hanh, an analyst with PetroVietnam Securities Incorporated, shares her views with VIR.
Social housing ready to come onstream

Social housing ready to come onstream

Government efforts to ease the dearth in low-income accommodation are gradually bearing fruit.
What keeps apartment developers awake at night?

What keeps apartment developers awake at night?

With a flood of apartments coming online in 2011, the Hanoi and Ho Chi Minh City markets are expected to experience fierce competition between apartment developers in 2011. Thanh Thuy looks into the matter.
Real estate revenue reporting under the microscope

Real estate revenue reporting under the microscope

The real estate market in Vietnam has grown rapidly in recent years and new real estate development projects are being announced almost weekly.
The suburbs a new frontier

The suburbs a new frontier

Outlying districts of Hanoi look set to appear on the radar screen of serviced apartment developers as these areas now contain very few serviced apartment projects, according to property consultant Savills Vietnam.
Vietnam’s 10 best selling SUV/MPV’s

Vietnam’s 10 best selling SUV/MPV’s

Nearly 24,000 multi-purpose vehicles (MPV) and sport utility vehicles (SUV) were sold in Vietnam in 2010.

Apartment segment is going off the boil

“There are many people with enough money to purchase the units. However, the real demand for living in high-end apartments is not that high”
Property market stands at crossroads

Property market stands at crossroads

“The market is coming to a frozen period, as developers and buyers have been discouraged to either sell or invest”
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