The Business Times: Ha Noi luxury unit sales see little improvement

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• Ha Noi luxury unit sales see little improvement
• Inspections target social housing
• Trade turnover hits a deficit as exports fall back in May
• Central economic zone seeks funds
• Banks fail to build customer loyalty
• Vietnamese told not to be too eager for FDI from China
• How should Vietnam behave towards tiny FIEs?
• Market makes room for small investment funds to take great strides
• Prime Minister advertises Vietnam’s investment environment on WEF blog
• Vinalines chased by creditors from all four sides

Ha Noi luxury unit sales see little improvement Posted: 23 May 2014 09:48 PM PDT The luxury apartment market in Ha Noi has had successful transactions in some places since early this year, but experts noted that the market has not yet actually recovered. After a long term of frozen transactions, the market has seen some successful transactions early this year. Some projects of luxury apartments at prime locations, such […] The post Ha Noi luxury unit sales see little improvement appeared first on Vietnam Business News.

Inspections target social housing Posted: 23 May 2014 09:47 PM PDT The Ministry of Construction has carried out an inspection on social housing projects in three major cities, Ha Noi, Da Nang and HCM City, focusing on quality and prices according to a newly-issued decision. The ministry’s decision 548/QD-BXQ was issued early this week to establish a group, headed by Deputy Minister Nguyen Tran Nam, to […] The post Inspections target social housing appeared first on Vietnam Business News.

Trade turnover hits a deficit as exports fall back in May Posted: 23 May 2014 09:46 PM PDT After making a trade surplus of US$810 million last month, the country reported a trade deficit of $400 million in May due to the decline of many export staples. The General Statistics Office (GSO) estimated that the country exported $12 billion worth of goods in May, down 8 per cent from April, while its import […] The post Trade turnover hits a deficit as exports fall back in May appeared first on Vietnam Business News.

Central economic zone seeks funds Posted: 23 May 2014 09:43 PM PDT Chu Lai Open Economic Zone in the central Quang Nam province has asked for an investment capital of US$540 million for its two major projects, local media reported. The two projects are among the 127 projects in the national list that are waiting for foreign investment by 2020. The list consisting of five major categories […] The post Central economic zone seeks funds appeared first on Vietnam Business News.

Banks fail to build customer loyalty Posted: 23 May 2014 09:40 PM PDT Vietnamese customers are not loyal to retail banks, as 65–77 per cent of surveyed people were ready to close their banking accounts and change to another bank. The statement was announced in a latest study on Global Consumer Banking Survey conducted by tax, auditing and finance consulting firm, EY, in Ha Noi yesterday. This year””s […] The post Banks fail to build customer loyalty appeared first on Vietnam Business News.

Vietnamese told not to be too eager for FDI from China Posted: 23 May 2014 09:36 PM PDT Vietnamese may have to buy houses in Vietnam from Chinese, while Chinese may live in Vietnamese houses. Will this happen in Vietnam, as experts warn, amid the Chinese wave of investment in the real estate sector? Dr. Dang Dinh Dao, former Head of Hanoi Economics University's Economics and Development Research Institute, has warned that Vietnam […] The post Vietnamese told not to be too eager for FDI from China appeared first on Vietnam Business News.

How should Vietnam behave towards tiny FIEs? Posted: 23 May 2014 09:35 PM PDT The Foreign Investment Agency (FIA), when releasing its report on foreign direct investment (FDI) in Vietnam in the first four months of 2014, called the public's attention to the fact that a lot of tiny foreign invested enterprises (FIEs) have turned up in Vietnam. The report showed that $4.9 billion worth of FDI was registered […] The post How should Vietnam behave towards tiny FIEs? appeared first on Vietnam Business News.

Market makes room for small investment funds to take great strides Posted: 23 May 2014 09:34 PM PDT The first half of May has proven to be a golden age for medium- and small-scale foreign investment funds, which have just joined the Vietnamese market. The share price of FPT, Vietnam's largest technology group, was VND51,000 on May 7, but had tumbled to VND41,000 by May 13. The blue-chip's price has dropped by 20 […] The post Market makes room for small investment funds to take great strides appeared first on Vietnam Business News.

Prime Minister advertises Vietnam’s investment environment on WEF blog Posted: 23 May 2014 09:33 PM PDT Prime Minister Nguyen Tan Dung today posted an article advertising the investment climate in Vietnam on the blog of the World Economic Forum (WEF), where he made eloquent declarations of Vietnam's stance on marine sovereignty. Below is the full article. Why foreign investment in Vietnam is booming Attracting foreign direct investment (FDI) has always been […] The post Prime Minister advertises Vietnam's investment environment on WEF blog appeared first on Vietnam Business News.

Vinalines chased by creditors from all four sides Posted: 23 May 2014 09:32 PM PDT The government has not yet made any decisions to help Vietnam National Shipping Lines (Vinalines) find a way out of its massive debt obligation. Meanwhile, creditors have chosen different ways to deal with the shipping firm. Domestic bank brings Vinalines to court Since the day he took office as General Director of Vinalines two months […] The post Vinalines chased by creditors from all four sides appeared first on Vietnam Business News.

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