Saturday, July 28, 2012

Vietnam Business News

Vietnam Business News


Plenty of low-price housing projects on sale

Posted: 27 Jul 2012 08:53 AM PDT

July has reportedly witnessed various real estate projects with prices ranging from 270 million dong to 800 million entering the market. Nam Long Investment JSC that specialises in mid-end property projects in HCM City is about to bring affordable apartments and garden houses onto the market later this month and early August. Apartments at Ehome [...]


Game of snakes and ladders

Posted: 27 Jul 2012 08:52 AM PDT

The retail segment is entering a challenging period after some years of hot development. VIR talked with Le Kim Hoa, newly appointed associate director of commercial agency of Cushman & Wakefield, on the ups and downs of this segment. How is Hanoi's retail market sector, especially in the west? The current market supply is about [...]


Vietnam now has sufficient steel billet supply

Posted: 27 Jul 2012 08:51 AM PDT

The domestic steel billet production has reached five million tons per year and is enough for local production as the Pomina 3 steel plant located in Ba Ria-Vung Tau Province officially went into operation on Wednesday. The plant can produce one million tons of steel billet and one million tons of building steel per year, [...]


Nation attracts USD8.03 bln in FDI

Posted: 27 Jul 2012 08:50 AM PDT

Since early this year, Vietnam has attracted $8.03 billion in foreign direct investment (FDI), announced the Foreign Investment Agency (FIA). Accordingly, by July 20, the country had 584 newly-licensed projects with a total registered capitalisation of $5.2 billion that is just 55.9 percent of the figure recorded a year earlier. So far, the FDI projects [...]


Travellers to be banned from carrying gold bars

Posted: 27 Jul 2012 08:50 AM PDT

Individuals may be banned from taking gold bullion with them when they leave the country, the State Bank of Vietnam said Wednesday in a draft circular on which it is collecting feedback from relevant agencies. The regulation also targets raw gold materials and includes an exception for those who wish to settle down in other [...]


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