Property

Update news Property

BUSINESS IN BRIEF 30/7

 Vietnam runs 200m USD trade surplus in July; Goods and services retail sales up 12 percent; Work starts to upgrade north-south highway; Steel, cement sectors to pay more for power

BUSINESS IN BRIEF 19/3

 Licence for cloth production factory; CEO must avoid losses to keep job; Seven drinking water firms suspended; Right time to invest in property: expert; Country has 104 projects dedicated to social housing

BUSINESS IN BRIEF 29/5

 Rubber companies in despair as price falls; VietinBank partners with Japanese Finance Corporation; Vietnam, India sign maritime trade agreement; Vietnam seeks France’s nuclear power technology

Big guys rush to withdraw capital from property projects

A lot of the big guys in the real estate sector have offered to sell stakes in real estate projects. It seems that they have run out of patience in the long spell of cold market.