Vietnam: a real estate market rebound in the making
December 21, 2023 | 09:56
Mortgage rates peaked at as high as 16 per cent at some banks in early 2023 but subsequently dropped dramatically. They are now comparable to levels that prevailed before the government’s aggressive policy rate hikes last year sent borrowing rates soaring. Nevertheless, a full revival of sentiment and transaction activity is not likely until mid-2024.
Economy on course to be stronger than projected
February 25, 2022 | 15:29
We expect Vietnam’s GDP to grow by 7.5 per cent in 2022 but would not be surprised if it grows at an even faster pace, driven by robust rebounds in Vietnam’s domestic consumption and construction activity, international tourism, and by the government’s $15 billion fiscal stimulus package.
VinaCapital expects economy to boost stock market in 2022
February 10, 2022 | 08:04
Given the very strong outlook for Vietnam’s GDP growth, VinaCapital expects continued strong real estate investment by individuals as property has long been one of the leading investments for Vietnamese.
Fed’s fiscal tightening won’t dent Vietnam’s position
September 23, 2021 | 10:37
The US Federal Reserve warned that it will soon start to reduce, or taper, its purchases of US Treasury bonds and other securities worth $120 billion per month, also known as quantitative easing, although it has not yet announced when this will happen.
An up-close perspective of city’s strict social distancing measures
September 08, 2021 | 14:00
Ho Chi Minh City has been under tightened social distancing measures since August 23 to stop the spread of the Delta coronavirus variant.
Tourist arrivals drop 5-10 per cent in Vietnam due to COVID-19 impacts
February 28, 2020 | 11:18
Tourism will be one of the most heavily impacted sectors by the COVID-19. The impact could result in tourist numbers dropping by 5-10 per cent this year.
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