stuck in the mud reviving the fortunes of thu thiem

Stuck in the mud: reviving the fortunes of Thu Thiem

Once expected to be the Pudong of Vietnam, after more than a decade of slow development the Thu Thiem area of Ho Chi Minh City is not close to fulfilling its potential, with incomplete plans galore.
modest bank growth projected this year

Modest bank growth projected this year

Last year saw major changes in the banking industry, with total assets of the commercial bank group growing strongly, and most banks entering the race to diversify services. In 2023, challenges lie ahead in the context of a downturn in the real estate cycle and a less positive outlook for exports.
investors bullish on real estate in 2023

Investors bullish on real estate in 2023

Despite a decline in optimism among real estate investors at the start of 2023, 70 per cent of respondents still expect real estate prices to rise and aim to purchase this year.
cement businesses anticipate headwinds in 2023

Cement businesses anticipate headwinds in 2023

Huge inventories, a stagnant real estate market, and capital source constraints are some of the factors heralding an unfavourable outlook for cement businesses in 2023.
how real estate developers can benefit from esg considerations

How real estate developers can benefit from ESG considerations

Gaining in popularity in recent times, environmental, social, and governance criteria refers to the standards used to evaluate business practices in these areas.
industrial property taking spotlight

Industrial property taking spotlight

The industrial real estate segment wants to be a bright spot for the country in 2023, and the prospects are there for new funding from neighbouring countries if Vietnam can utilise its advantages to the fullest.
aurora ip makes further strides to support textile dyeing industry

Aurora IP makes further strides to support textile dyeing industry

On January 6, Cat Tuong Real Estate Group JSC inaugurated the CTe AQUA pumping station and pipeline system, marking an important milestone in completing the infrastructure for Rang Dong Textile Industrial Park (Aurora IP).
real estate and construction firms to buy back over 710 million in bonds

Real estate and construction firms to buy back over $710 million in bonds

According to data from the Vietnam Bond Market Association (VBMA), the total value of corporate bonds reaching maturity from now until the end of this month approximates $760.8 million, mainly concentrated in the real estate and construction sectors.
positive prognosis for steel sector in 2023

Positive prognosis for steel sector in 2023

China's reopening will drive worldwide demand for steel, expedite infrastructure construction, and partially offset the stagnating real estate market.
property slowdown unlikely to become systemic crisis

Property slowdown unlikely to become systemic crisis

The current property crisis in Vietnam is not likely to be systemic because of the real estate sector’s moderate size and limited links to the banking sector, according to a recent report.
uplifting outlook for 2023 property market

Uplifting outlook for 2023 property market

The property market has shown several favourable signs and is anticipated to become more robust in 2023.
policies taking shape for real estate market overhaul

Policies taking shape for real estate market overhaul

The Vietnamese government’s new policies on land, market transparency, taxes, and bond issues are expected to help the real estate market in 2023 to pass through the current gloomy winter and help the market become more stable.
public investment to support real estate market

Public investment to support real estate market

It is hoped that extended involvement of public investment into related infrastructure development will help accelerate the prospects of the real estate market.
opportunities for vietnam amid china policy switch

Opportunities for Vietnam amid China policy switch

The easing of China's pandemic restrictions is expected not only to help Vietnam increase the number of international tourists, but also to attract investment, according to various experts.
unique incentives help unlocking real estate capital

Unique incentives help unlocking real estate capital

As the narrowing of capital sources into real estate creates difficulties for project implementation as well as for homebuyers, breakthrough policies are required to open up capital and revive the market.