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China steel dominates home market(24/11/2015)

Vietnam imported 7.7 million tonnes of steel worth US$3.49 billion from China in the 10 months leading up to November, accounting for 61% of the country’s total steel imports, according to the General Department of Vietnam Customs.

  • Shares rise, led by property firms (24/11/2015)
    Vietnamese shares gained slightly on November 20 as investors bet property companies will benefit from a stronger real estate markets over the coming months. The VN Index on the HCM Stock Exchange and the HNX Index on the Hanoi Stock Exchange inched up 0.4 percent each to finish at 604.46 points and 81.59 points, respectively.
  • Nha Trang's property market boosted by foreigner demand (24/11/2015)
    The heating up of Nha Trang’s property market has encouraged property enterprises to promote their business by the end of this year, experts said. Many apartment projects have increased their prices. The rates of Costa Nha Trang project have risen 37 percent over the past two years, the Cham Oasis Nha Trang projects by 10 percent over the past five months, the Stellar Nha Trang project by 20 percent over the past three months and that of Muong Thanh Nha Trang 2 by 55 percent over the past one year.
  • HCM City to implement measures to control worsening flooding crisis (20/11/2015)
    Authorities in HCM City have outlined stronger flood-prevention measures as heavy rains and high tides continue to cause severe flooding. In District 6, Binh Thanh, Binh Tan and Hoc Mon districts, for example, many streets are seriously flooded after heavy rains, despite the city’s efforts in recent years to deal with the problem.
  • Japan helps Quang Ninh treat wastewater (20/11/2015)
    Northern Quang Ninh province launched a wastewater treatment project supported by Japan on November 16. The move was marked by a memorandum of understanding signed by local authorities and a representative from the Japan International Cooperation Agency.
  • High-end apartment projects rush for year end sale (18/11/2015)
    Developers are rushing to launch their projects for the most fruitful time of the year – the end months which Vietnamese usually take big deals of purchasing accommodation. According to Savills Vietnam, to the end of 2015, 12 projects with a total of more than 3,900 units will be launched in the Hanoi market. Do Thu Hang, head of market research at Savills Vietnam said that the number of successful deals of houses and lands in the last months of the year would be at a high level, due to the increase from the overseas remittance and the traditional plan of Vietnamese to purchase houses and land at every year ends.
  • HCM City office occupancy rate at record high (18/11/2015)
    The office occupancy rate in HCM City reached an average of 94 percent, according to a report on the HCM City and Hanoi office markets made in the third quarter by Savills Vietnam. The rate for A-level office space is 96 percent, for B-level offices, it is 94 percent, and C-level offices, 92 percent. Rental prices are an average of 563,000 VND (25 USD) per sq.m each month, up 3 percent from the second quarter.
  • Office-tels tipped to top HCM City market (18/11/2015)
    Office-tel developments, which combine residential and commercial uses in one apartment, are mushrooming in HCM City and are expected to lead the market in future. Le Hoang Chau, Chairman of the HCM City Real Estate Association, said many developers were now investing in office-tel projects unlike a few years ago, indicating the segment’s popularity.
  • Quang Ninh plans economic zone on border with China (11/11/2015)
    Plans for the development of the Mong Cai economic zone in the northern province of Quang Ninh on the Chinese border have been released. Government Office Vice Chairman Nguyen Cao Luc announced the construction and socio-economic development plans over the next five to fifteen years, with vision until 2050, at a ceremony held by the provincial authorities last weekend.
  • Foreign developers make beeline for Vietnam's property market (11/11/2015)
    Under an agreement with local property developer Phuc Khang earlier this month, Singapore-based investor Genesis Global Capital will bring in the contracted money over six years.
  • Work starts on training centre for Lao science officials (09/11/2015)
    Construction on a training centre for Lao science-technology management officials began in Vientiane on November 7. The centre is built at a cost of 98 billion VND (4.45 million USD), including nearly 90 billion VND (4 million USD) in non-refundable aid from the Vietnamese government and the remaining from the Lao budget.
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