The Business Times: Does Vietnam risk a second real estate bubble?

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• Does Vietnam risk a second real estate bubble?
• Promising land for foreign hotel management groups
• Big international companies buying top Vietnamese brands
• Vietnam targets local investors with privatization of airports
• Dong Nai FDI attraction hits US$21.87 billion
• VAMC capital to go up to VND2 trillion
• Q1 cashew export value up 15.42%
• Seafood processing industry sees major changes
• Foreign investors scampering for a share in garment industry
• Piaggio to roll out superbikes in Vietnam

Does Vietnam risk a second real estate bubble? Posted: 07 Apr 2015 06:29 PM PDT There is a growing realization that the housing market with its vast array of housing projects is heating up and driving up real estate prices in an unsustainable fashion. This along with the recognition that the Vietnamese economic system routinely produces bubbles and is unlikely to change any time soon has given rise to concern […] The post Does Vietnam risk a second real estate bubble? appeared first on Vietnam Business News.

Promising land for foreign hotel management groups Posted: 07 Apr 2015 06:29 PM PDT 2014 was a difficult year for hoteliers. However, the demand for hotel managers remains very high in Vietnam. Hotel managers hold upper hand in negotiations with hoteliers The president of a HCM City-based large real estate group said she is looking for a hotel manager for her hotel in Ba Ria – Vung Tau province. […] The post Promising land for foreign hotel management groups appeared first on Vietnam Business News.

Big international companies buying top Vietnamese brands Posted: 07 Apr 2015 06:28 PM PDT Strong Vietnamese brands, one after another, have fallen into the hands of foreign international groups, a number of analysts have said. In late 2014, for example, Kinh Do Group held an extraordinary shareholders' meeting to discuss the sale of 80% of sweets manufacturing division to foreign investor Mondelez International, while the remaining 20% is expected […] The post Big international companies buying top Vietnamese brands appeared first on Vietnam Business News.

Vietnam targets local investors with privatization of airports Posted: 07 Apr 2015 06:27 PM PDT The Ministry of Transport has announced that rights to operate airport services will be sold first to local investors, ending the recent controversy over who should be allowed to enter the business when Vietnam privatizes its aviation sector. Once the ministry becomes experienced and prepares sufficient legal bases for such sales, it will consider transferring the […] The post Vietnam targets local investors with privatization of airports appeared first on Vietnam Business News.

Dong Nai FDI attraction hits US$21.87 billion Posted: 07 Apr 2015 06:27 PM PDT The southern province of Dong Nai had 1,161 registered foreign-direct-investment (FDI) projects with a combined capital of US$21.87 billion at the end of March. Of the total, over 1,000 projects worth around US$17.70 billion are being implemented in industrial parks (IPs), according to the provincial Department of Planning and Investment. Dong Nai boasts 31 IPs […] The post Dong Nai FDI attraction hits US$21.87 billion appeared first on Vietnam Business News.

VAMC capital to go up to VND2 trillion Posted: 07 Apr 2015 06:26 PM PDT The government has decided to raise the Vietnam Asset Management Company’s (VAMC) charter capital to VND2 trillion (US$93.89 million) from VND500 billion (US$23.47 million). The adjustment is part of the prime ministerial decree 34/2015/ND-CP, issued on March 31, which revises and supplements a number of clauses of the decree 53/2013/ND-CP, issued on May 18, 2013. […] The post VAMC capital to go up to VND2 trillion appeared first on Vietnam Business News.

Q1 cashew export value up 15.42% Posted: 07 Apr 2015 06:26 PM PDT Vietnam exported 57,927 tonnes of cashew worth US$409.18 million in the first quarter. This represented an increase of 32.4% in volume and 15.42% in value, Nguyen Duc Thanh, chairman of the Vietnam Cashew Association (Vinacas), told a meeting in HCM City on April 6. The average export price was US$7,066 per tonne. The US, China, […] The post Q1 cashew export value up 15.42% appeared first on Vietnam Business News.

Seafood processing industry sees major changes Posted: 07 Apr 2015 06:25 PM PDT Businesses in the seafood processing sector are clearly divided into two sides: those who are acquiring businesses to strengthen their foothold and those who are selling their firms to both domestic and foreign partners. The director of a securities trading firm in Ho Chi Minh City said that since mid 2014, seafood processing businesses have […] The post Seafood processing industry sees major changes appeared first on Vietnam Business News.

Foreign investors scampering for a share in garment industry Posted: 07 Apr 2015 06:24 PM PDT A series of foreign direct investment projects in the garment sector will be started in the central region of Vietnam over the next months. Some of the more outstanding projects include the Delta Galil fiber-dyeing and garment plant, the Onewoo garment plant and the Tam Thang textile-garment and dyeing plant. Delta Galil Industries Ltd, an […] The post Foreign investors scampering for a share in garment industry appeared first on Vietnam Business News.

Piaggio to roll out superbikes in Vietnam Posted: 07 Apr 2015 06:24 PM PDT Piaggio Vietnam, part of the Italian scooter giant Piaggio Group, is considering increasing its presence in the Vietnamese market through stepping into larger-wheel scooter segment this year. Piaggio Vietnam market director Stefano Cartoni told the VIR that the company was poised to join the larger-capacity superbike market in Vietnam. "There is room for superbike market […] The post Piaggio to roll out superbikes in Vietnam appeared first on Vietnam Business News.

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