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Brands jostle for prime space in HCM City

The retail market of Ho Chi Minh City has seen growing interest from both new and large-scale international investors.

Resort sales follow realty resurgence

Supported by stable economic growth and the upturn of the market, Vietnam’s resort and hospitality segment is expected to see a surge in investment capital this year.

Amended Circular 36 may hit banking and property

 A number of participants at a March 15 conference on the influence of amendments to Circular No. 36 regarding real estate lending said that such amendments may affect both the banking and property sectors.

BUSINESS IN BRIEF 19/1

Huawei eyes Vietnam; Thaco leads local auto market last year; Nearly 322 bln VND for rice farming development; Amata to invest in three more projects in Dong Nai; VASEP describes ice-to-fish ratio rule as unreasonable

HCMC’s century-old villa offered for $35 million

 VietNamNet Bridge - A French-style villa that was built in the early 1900s near downtown HCM City is on sale for US$35 million.

Real-estate companies rush to invest in agriculture: a good sign or worrying trend?

 VietNamNet Bridge –  Some real estate developers have decided to invest in agriculture, usually considered a risky and unprofitable business field. This is seen as a positive sign by some, but others see the trend as worrisome.

Ice thawing in apartment market

 VietNamNet Bridge – The real estate market, it appears, has been given a new lease of life. Market liquidity has improved significantly, with reduced inventory and increased sales.

BUSINESS IN BRIEF 24/5

Two Vietnamese companies listed in Forbes Global 2000; MoF takes action to halt rising milk prices; Mai Linh taxi group plans share issue; Conference convenes to solve finance access challenges

BUSINESS IN BRIEF 15/3

 PM green-lights construction corp listing; Vietnamese furniture companies expand overseas markets; SBV asks for lending interest rate cut; Samsung Vietnam’s 2013 exports generate US$24 billion

8 biggest real estate M&A deals in 2013

 VietNamNet Bridge – The year 2013 witnessed a series of successful merger and acquisition (M&A) in the real estate sector. The biggest deal was valued at VND9.8 trillion.

“East European group” and the power in banking, real estate, instant noodle

VietNamNet Bridge – “East European group” refers to the group of Vietnamese businessmen starting up in East European countries and developing their business in Vietnam.

BUSINESS IN BRIEF 8/11

Footwear exports aim for US$8 billion; ÆON Japan invests in Vietnam;  Businesses suggest tax, customs overhaul; FDI up 65.5% in 10 months; Hanoi to host 28th Asian Advertising Congress

BUSINESS IN BRIEF 6/11

 Bailout disbursed in dribs and drabs into real estate; SBV puts forward plan to increase lending given low credit growth; Vietnam Airlines to sell 2.7pct stake in Techcombank; Gov’t asked to contain inflation to attract more investors

BUSINESS IN BRIEF 3/11

 VN Airlines to sell 2.7% stake in bank; Vietnam enjoys 26% surge in export to Canada; Promotion month launched in Hanoi; Investors concerned about corruption in Vietnam; PM opens up to world credit ratings

BUSINESS IN BRIEF 25/10

 Dong Nai attracts US$830 million in FDI; Vietnam seals Philippines rice contracts; Vietnam attends global auditors congress in China; Promoting Vietnamese trademarks

BUSINESS IN BRIEF 2/10

 India imports more tra fish from Vietnam; Vietnam-Singapore trade turnover picks up; Two localities promote investment in the RoK; Halong-Fangchenggang cruise route back in service

BUSINESS IN BRIEF 1/10

 Ornamental fish make profit splash; Car makers take early imports turn; Rubber exports hit $1.68b in first 9 months of 2013; Agro-forestry-fishery exports outstrip $20b mark

BUSINESS IN BRIEF 27/9

 Agro-forestry, seafood exports earn US$20.45 billion in 9 months; Garment sector lacking in material input; Viet Kieu car imports must clear customs

Buying debts enables foreigners entering VN property market

 VietNamNet Bridge – Why are the Vietnamese debts so attractive to foreigners? The answer is that 70 percent of the debts have been mortgaged by real estate products.

BUSINESS IN BRIEF 20/9

 Mekong Delta looks to capitalise on tra fish; Binh Duong attracts property developers; Trade disputes up alongside economic integration; Market hot as fire sales spread