The Business Times: Ha Noi plans supermarket network

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• Ha Noi plans supermarket network
• Better to buy houses in City, rent in Ha Noi: CBRE
• FDI growth expected to continue
• Remittances could total $5b in City
• Blue chip slump drags down share prices
• Economic restructuring remains difficult
• Agriculture needs investment
• September sees fall in confidence index

Ha Noi plans supermarket network Posted: 28 Sep 2014 07:35 PM PDT A retail network consisting of 988 supermarkets and 64 shopping centres will be built in the capital city by 2020 to serve the needs of its citizens. Tran Thi Phuong Lan, vice director of the city’s Department of Industry and Trade, said that under its trade development programme, the city would be spending VND521 trillion […] The post Ha Noi plans supermarket network appeared first on Vietnam Business News.

Better to buy houses in City, rent in Ha Noi: CBRE Posted: 28 Sep 2014 07:34 PM PDT House rentals are vastly different in HCM City and Ha Noi. For a similar quality apartment in a comparable location, the rent in HCM City is 10-20 per cent higher than in Ha Noi. This means residential properties in the southern hub can provide better yields than those in Ha Noi for landlords, according to […] The post Better to buy houses in City, rent in Ha Noi: CBRE appeared first on Vietnam Business News.

FDI growth expected to continue Posted: 28 Sep 2014 07:24 PM PDT Foreign direct investment has significantly increased in recent years and will continue in the years ahead, especially as more State-owned enterprises are equitised, according to analysts. Although Viet Nam has not had rapid growth in recent years, the country is still considered a good place for foreign investors because of its expected medium- and long-term […] The post FDI growth expected to continue appeared first on Vietnam Business News.

Remittances could total $5b in City Posted: 28 Sep 2014 07:22 PM PDT Remittances by overseas Vietnamese through banks and other official channels to HCM City could reach US$5 billion this year, an increase of $1 billion from last year, according to the State Bank of Viet Nam. The estimation is based on the remittances received so far, which, as of early September had topped $2.7 billion, a […] The post Remittances could total $5b in City appeared first on Vietnam Business News.

Blue chip slump drags down share prices Posted: 28 Sep 2014 07:22 PM PDT Shares last week continued to slide mainly over the slump in blue chips, as investors helped to drive down market liquidity by becoming more cautious following the previous week’s decline. On the HCM City Stock Exchange, the VN-Index lost by 1.35 per cent over the previous Friday’s close to end at 604.98 points. The average […] The post Blue chip slump drags down share prices appeared first on Vietnam Business News.

Economic restructuring remains difficult Posted: 28 Sep 2014 07:01 PM PDT The bi-annual Autumn Economic Forum 2014 held in the northern province of Ninh Binh last Saturday was seeking fresh ways to speed up Viet Nam’s economic restructuring process. The National Assembly’s Economics Commission joined the Vietnam Chamber of Commerce and Industry and the Academy of Social Sciences in organising the two-day forum, which carried the […] The post Economic restructuring remains difficult appeared first on Vietnam Business News.

Agriculture needs investment Posted: 28 Sep 2014 07:00 PM PDT New policies that would attract investment in the hi-tech agriculture sector would create a breakthrough in production and consumption of farm produce, the HCM City Department of Agriculture and Rural Development has recommended. Although the city has paid attention to enhancing advanced technology in agricultural production in the past, the value of agricultural production has […] The post Agriculture needs investment appeared first on Vietnam Business News.

September sees fall in confidence index Posted: 28 Sep 2014 04:25 PM PDT The ANZ-Roy Morgan Viet Nam Consumer Confidence Index has fallen slightly to 135.0 in September, down 0.5 point over the previous month. ANZ Bank economists announced this in a report on Wednesday, adding that the index still remains clearly above the 2014 average of 132.0. This month’s fall in consumer confidence was primarily driven by […] The post September sees fall in confidence index appeared first on Vietnam Business News.

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