The real estate market remains gloomy, which explains why even low-cost apartments are selling very slowly at this moment. Most of real estate developers now have shifted to developing low-cost apartment projects, because they believe that low-cost apartments will sell better than high-end apartments. Analysts also said that the demand for low-cost apartments is higher [...]
The recent ‘land price fever’ in Hanoi brought billions dong to some speculators and landlords, but it also made many other people lose their fortunes. The Hoc, a media executive of a big group, thinks that he is a lucky man. A friend of Hoc’s, who is now a real estate broker, advised him to [...]
The domestic gold price rose by 1.26 per cent yesterday, June 21, against last Friday to reach a seven-month high of VND28.67 million (US$1,513) per tael, driven by a sharp surge in the global price to an all-time high on the previous evening.
Houses and apartments in Ho Chi Minh City have become so expensive that people must scrimp and save for ten years to afford them, according to Saigon Tiep Thi newspaper.
Nguyen Ngoc Phi, chair of Vinh Phuc province’s People Committee chaired the meeting to approve the detailed construction plan of golf course, cultural and sport complex and resort to be located in Ngoc Thanh Commune, Phuc Yen Town, Vinh Phuc province.
The two major stock exchanges entered a correction session today Jun 15 when the VN Index approached the threshold of 515 points. The markets saw large demand power from foreign investors. The VN Index ended the first trading session when slumping by 1.52 points or 0.3% to 513.23 points. The market liquidity accelerated with total [...]
Hanoi Stock Exchange (HNX) released the Announcement No 529/TB-SGDCKHN, which in principle approves Nam Viet Commercial Joint Stock Bank (Navibank) to list 100 million shares on the northern floor.
Electricity of Vietnam (EVN) group announced to issue corporate bonds with total bond value of two trillion dong. Each five-year bond has face value of one billion dong. The date of issue was June 8, 2010. The coupon rate will be paid once a year under post-paid method.
Mien Trung PetroVietnam Construction Joint Stock Co (PVC-MT) announced to officially listed its 15 million shars for the first time under the share code of PMX on June 21, 2010. PVC-MT was the subsidiary under PetroVietnam Construction Joint Stock Co (PVC).
Ho Chi Minh Stock Exchange (STC) announced that from June 4 to 15, Dominic Scriven, director of Amersham Industries Limited cum member of Sacombank’s management board has offloaded 2.5 million STB-coded shares under put-through methods.
