Vietnam’s property market unlikely to see crisis in the next two years

Vietnam’s property market unlikely to see crisis in the next two years

Experts at the seminar “Crisis Cycle and Investment Opportunity in the Property Market” held by Thanh Nien newspaper in Ho Chi Minh City on July 18 agreed that a property crisis in unlikely during the next two years.
Difficult days ahead for Europe despite Greek vote

Difficult days ahead for Europe despite Greek vote

European leaders face difficult decisions in the days ahead on managing the outcome of the Greek election, upholding their credibility on financial discipline to avoid stoking contagion, and making convincing progress towards a grand plan for deeper integration.
Banks move away from crisis

Banks move away from crisis

During the first quarter of 2012, Vietnam’s economy turned from inflation worries to fears of a serious activity slowdown, as evidenced by poor industrial/construction index figures.
Local and global economies offer very little warmth

Local and global economies offer very little warmth

The global economy is experiencing an increasingly tough time, with the impact of public debt storm in Europe reaching leading developing countries which are no longer the pillars of global growth.
Eurozone turns to IMF for more help in debt crisis

Eurozone turns to IMF for more help in debt crisis

Eurozone finance ministers turned to the IMF for more help to keep the monetary union together late Tuesday after they missed their goal of boosting their own bailout fund to one trillion euros.
Europe under pressure as G20 finance ministers meet

Europe under pressure as G20 finance ministers meet

Finance ministers from the G20 bloc of leading economies pressed Europe to tackle its debt crisis to stave off a global downturn as they met in Paris on Friday for tense talks.
EU presses banks to beef up coffers

EU presses banks to beef up coffers

The European Union pressed banks to urgently beef up their coffers against the crisis as it raced to revamp the eurozone debt rescue fund after winning a reprieve from Slovakia.
European stocks extend gains on bank bailout hopes

European stocks extend gains on bank bailout hopes

European stock markets extended gains on Thursday as investors hoped EU leaders will finally deliver a solution to the eurozone debt crisis and head off threats to the banking system and economy.
No plans for EU-backed ratings firm: Barroso

No plans for EU-backed ratings firm: Barroso

European Commission chief Jose Manuel Barroso on Tuesday ruled out creating a Brussels-backed public ratings agency to rival established credit firms following a series of sovereign downgrades in Europe.
Turning challenges into opportunities

Turning challenges into opportunities

Vietnam has made significant progress in its development journey. However, the progress has resulted in new challenges such a macroeconomic instability, a dearth of infrastructure and a move towards a more knowledge-based economy.
Toyota recall crisis lingers despite probe victory

Toyota recall crisis lingers despite probe victory

Toyota scored a victory after its electronic throttle systems were cleared of blame for defects linked to dozens of deaths, but it still faces a long road towards restoring its reputation, say analysts.
A road travelled and the journey ahead

A road travelled and the journey ahead

“Vietnam is in want of such resources and has been able to properly weigh the use of such resources to meet the country’s economic growth, social welfare and consumption”
European debt crisis shakes investors’ nerve

European debt crisis shakes investors’ nerve

Hence, what happens in June depends upon how the debt crisis is controlled, although the prospects are getting brighter
Office demand sees high rise in rentals

Office demand sees high rise in rentals

Space shortages have allowed Hanoi’s office lease market to regain ground lost after the Asian financial crisis when occupancy rates dropped by as much as half. The growth comes despite sluggish gains in rent prices.According to a report from the Hanoi Property Management Company, occupancy rates are close to what they were before the crisis, but average monthly rentals are still at least $10 short of what they were in 1997-1998.
Hotels put Asian crisis to bed

Hotels put Asian crisis to bed

DANANG’s first luxury resorts since the 1997 Asian crisis took a grip on tourism development are to get off the ground this week.