The Business Times: Happy Valley to launch third phase

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• Happy Valley to launch third phase
• Procedures still concern realty developers
• Property expert says progressive tax the wrong cure
• Construction firms report crumbling turnovers
• VN youths swap shops for smartphones
• State Bank makes jewellers smile
• Finance reports make investors puzzled
• EVN to build 500kv line connecting hydropower plants in northern Vietnam
• Coal export jumps 100% in aug: GSO
• German and Vietnamese experts discuss macroeconomic reform

Happy Valley to launch third phase Posted: 31 Aug 2013 12:20 AM PDT Phu My Hung Corp. will roll out the eagerly anticipated Happy Valley's Stage 3 condominiums onto the market this mid-September. Located in the middle of Phu My Hung City Center in Ho Chi Minh City's Saigon South, Happy Valley is situated near a golf course, river, the International Commercial and Financial Centre, and Crescent District, [...] The post Happy Valley to launch third phase appeared first on Vietnam Business News.

Procedures still concern realty developers Posted: 31 Aug 2013 12:18 AM PDT Time-consuming administrative procedures are one of the problems faced by both local and foreign companies, especially those in the real estate sector, heard a seminar on administrative reform. At the seminar, which looked into the procedures for investment projects and was held by the HCMC branch of the Vietnam Chamber of Commerce and Industry (VCCI) [...] The post Procedures still concern realty developers appeared first on Vietnam Business News.

Property expert says progressive tax the wrong cure Posted: 31 Aug 2013 12:16 AM PDT Although imposing progressive tax on slow-moving property projects is expected to create pressure and make investors accelerate projects, such a policy is seen a devastating blow to many players at a time the market is seen very frail. Although imposing progressive tax on slow-moving property projects is expected to create pressure and make investors accelerate [...] The post Property expert says progressive tax the wrong cure appeared first on Vietnam Business News.

Construction firms report crumbling turnovers Posted: 31 Aug 2013 12:13 AM PDT HA NOI (VNS)— Firms under the Ministry of Construction in August made a turnover of VND11.81 trillion (US$557 million), bringing the total for the first eight months to nearly VND94.84 trillion ($4.47 billion), down 7.2 per cent year-on-year. Of this total, the turnover of industrial and construction materials in the first eight months was VND38.895 [...] The post Construction firms report crumbling turnovers appeared first on Vietnam Business News.

VN youths swap shops for smartphones Posted: 31 Aug 2013 12:11 AM PDT HCM CITY (VNS)— With smart phone purchases on the rise in Viet Nnam due in no small part to its younger generations, more Vietnamese than ever are connecting to the internet and accessing social media. The statement was made by Javier Polit, Chief Information Officer of the Coca-Cola Company, Bottling Investments Group during a strategic [...] The post VN youths swap shops for smartphones appeared first on Vietnam Business News.

State Bank makes jewellers smile Posted: 31 Aug 2013 12:08 AM PDT Jewellery companies would receive loans to import gold for production, a representative from the State Bank of Viet Nam (SBV) told local media on Thursday, Aug 29.  He said SBV would grant licences for gold imports to companies with facilities to produce jewelry. This is a good news for local jewellers. Under the current regulations, [...] The post State Bank makes jewellers smile appeared first on Vietnam Business News.

Finance reports make investors puzzled Posted: 31 Aug 2013 12:04 AM PDT  In principle, listed companies' finance reports are the most important sources of information for investor to consider. However, the investors in Vietnam have learnt from their experiences that they should not believe the reports. GAS, a gas trading corporation, has suffered the heavy fire from public opinion when its released finance reports showed extremely big [...] The post Finance reports make investors puzzled appeared first on Vietnam Business News.

EVN to build 500kv line connecting hydropower plants in northern Vietnam Posted: 31 Aug 2013 12:02 AM PDT Vietnam Electricity Group (EVN) planned to build a 500Kw line with 158 km-length connecting hydropower plants in the Northern Vietnam by end of this year, the Government's portal reported. The project worth VND4 trillion  ($189 million) will go through Son La, Dien Bien and Lai Chau provinces, connecting 1,200-MW hydropower plant in Lai Chau and the [...] The post EVN to build 500kv line connecting hydropower plants in northern Vietnam appeared first on Vietnam Business News.

Coal export jumps 100% in aug: GSO Posted: 30 Aug 2013 11:59 PM PDT Vietnam was estimated to have shipped 250,000 tons of coal worth $25 million in August, jumping 98.4% in volume and 38.9% in value, respectively, the government's General Statistics Office (GSO) said. In Jan-Aug period, the country has shipped total of 8.1 million tons of coal  worth $587 million, making a year on year fall of 26.3% [...] The post Coal export jumps 100% in aug: GSO appeared first on Vietnam Business News.

German and Vietnamese experts discuss macroeconomic reform Posted: 30 Aug 2013 09:00 PM PDT The German Development Cooperation's GIZ Macroeconomic Reform Programme and the Vietnamese-German University on August 30 co-organised a forum on "Macroeconomic reform of Vietnam". The forum is part of the framework of the GIZ's Macroeconomic Reform Programme in Vietnam as commissioned by the Federal Ministry for Economic Cooperation and Development (BMZ). It is also one of [...] The post German and Vietnamese experts discuss macroeconomic reform appeared first on Vietnam Business News.

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