Future FTA to fuel Viet Nam, EU trade; Social housing conversion gets go-ahead; Vietnam manufacturing contracts in May; Red River Delta targets higher GDP; HCMC sees decline in imports, exports in May

 Social fund seeks investment methods; Higher legal capital likely at realty firms; Realty indices are nowhere to be found; Price falls hit chicken farmers; Five-month FDI totals US$8.5 billion

Farmers spend big money and efforts to grow high quality farm produce which meet international standards, but the products have been refused, or sold at low prices.

VietNamNet Bridge – The high pricing policy allows preventing gold price fever attacks.

China has become the biggest rice export market for Vietnam, but it’s not easy to earn money from the market. Exporters have been facing high risks relating to the payment, pricing and contract cancelation.

Foreign investors have been flocking to Vietnam to hunt for real estate projects, which is believed to help warm up the market. However, the market price would be forced down by 50 percent at least.

VietNamNet Bridge – The government has to spend big money to collect rice from farmers for storage to ensure the reasonably high profits for farmers. However, involved parties all have said the solution has not benefited them.

Vietnamese real estate developers now keep curious about what the German real estate tycoon Thomas Kramer looks for in Vietnam and where he would put his money into.

Vietnam’s rice exports have got stuck with the high inventory of 2 million tons of winter-spring rice by the end of the second quarter. Meanwhile, it is going to harvest 3.5 million tons of the summer-autumn rice.

Though the land in the West Lake area is exorbitant, it has been hunted by the rich. The land price in the area and the old streets’ area is the highest in Hanoi.

The HCM City in the first quarter of 2013 witnessed 4 high-rise building project transfer deals worth $600 million, according to CBRE, a real estate service provider.

The precocious summer this year with the sun turning up right in early March has led to the higher than expected electricity consumption.

It’s so easy to do wiretapping nowadays with the support of high technology. The next-generation bugs tend to be smaller and have more useful features, including the global positioning GPS.

The ad pieces about the sale of meteorites have appeared on some Russian websites. Meanwhile, in Vietnam, these “stones from the sky” have been traded for the last tens of years.

The home appliance market has become “peaceful” again after it became boisterous for one year with a stiff competition among the suppliers.

While some businessmen call Dang Le Nguyen Vu, the owner of Trung Nguyen coffee brand a “Vietnamese pride”, others say Vu should prove his ability by his business results, not by boasting.

Most of the luxury cars have been imported to Vietnam as the assets of Viet Kieu repatriates. There are the rings that bring the cars to Vietnam under forged documents.

Stocks are now the choice of many investors in the context of the gloomy stock market, unclear gold market and stable dollar price. Trillions of dong are believed to be pumped into the stock market.

Vietnamese exporters all have reportedly got overjoyed because they have obtained big orders, which gives one more reason to believe that the targeted 10 percent export turnover growth rate in 2013 is within reach.

Accepting to pay 30-50 percent higher than the market prices, foreign investors have shown their strong determination to buy the stocks of Vietnamese enterprises now, when the stock prices are at the deepest low.