The Business Times: Social housing could be hard to sell, warn experts

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• Social housing could be hard to sell, warn experts
• Investment climate under reform pressure
• HCMC steps up property trading supervision
• Prices of villas and adjacent houses in Hanoi falls further in q4/2013: Savills
• VAMC’s herculean debt task in review
• Shares plummet on profit-taking
• Steel Corporation boosts production in 2014

Social housing could be hard to sell, warn experts Posted: 10 Jan 2014 10:30 PM PST Many developers have entered the social housing sector, which is supported by the government, but experts warn that they fierce competition from low-cost commercial housing, which have lower prices and better locations and involve little red tape. "Without careful consideration of the market demand, the current mass development of social housing could bring sales to […] The post Social housing could be hard to sell, warn experts appeared first on Vietnam Business News.

Investment climate under reform pressure Posted: 10 Jan 2014 10:30 PM PST Despite 2013's economic difficulties, Vietnam attracted more than US$21 billion in registered foreign direct investment (FDI), a 54.5% improvement on 2012. But experts warn the country risks lagging behind without stronger efforts at reform. On a brighter note The Ministry of Planning and Investment (MPI) says the final yearly FDI value will be much bigger […] The post Investment climate under reform pressure appeared first on Vietnam Business News.

HCMC steps up property trading supervision Posted: 10 Jan 2014 10:29 PM PST HCM City will tighten the operations of property traders to ensure violations are discovered in time, which should protect real estate investors and increase transparency in the market. The city’s Department of Construction said the city had 479 real estate trading companies that are allowed to operate active trading floors. However, more than half of […] The post HCMC steps up property trading supervision appeared first on Vietnam Business News.

Prices of villas and adjacent houses in Hanoi falls further in q4/2013: Savills Posted: 10 Jan 2014 10:27 PM PST Prices of villas and adjacent houses in Hanoi continued easing in the last quarter of 2013, Savills Vietnam said in its recent report released today [Jan 10], thoibaonganhang.vn reported. Other segments of the real estate market posted significant increase in transactions in the last quarter of the year while the villa and adjacent house segment […] The post Prices of villas and adjacent houses in Hanoi falls further in q4/2013: Savills appeared first on Vietnam Business News.

VAMC’s herculean debt task in review Posted: 10 Jan 2014 09:21 PM PST Nearly half a year since the Vietnam Asset Management Company (VAMC) was established to restructure the Vietnamese banking system's bad debts, VAMC chairman Dang Thanh Binh spoke with VIR about the company's achievements and its main task in improving the use of the country's capital. Could tell us about the first half year of VAMC's […] The post VAMC's herculean debt task in review appeared first on Vietnam Business News.

Shares plummet on profit-taking Posted: 10 Jan 2014 09:18 PM PST Sales pressure at the end of yesterday’s session saw shares dip, and only the VN-Index on the HCM City Stock Exchange gained 0.4 per cent to reach 518.94 points. Meanwhile, the VN30 Index, tracking the city’s 30 leading shares by capitalisation and liquidity, shed 0.2 per cent to hit 576.16 points. Nearly 40 per cent […] The post Shares plummet on profit-taking appeared first on Vietnam Business News.

Steel Corporation boosts production in 2014 Posted: 10 Jan 2014 09:14 PM PST The corporation will also promote its restructuring, focusing on equitization. Nguyen Manh Quan, Head of the Department of Heavy Industry under the Ministry of Industry and Trade (MoIT) predicted that the steel industry will continue coping with fierce competition this year, especially once Vietnam joins the Trans-Pacific Partnership (TPP). The Corp should define strategies and […] The post Steel Corporation boosts production in 2014 appeared first on Vietnam Business News.

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