Aeon provides new momentum for binh duong real estate market vnexpress international

HCMC helps real estate firms to ride out difficulties The Saigon Times HCMC chairman Nguyen Thanh Phong speaks at the meeting – PHOTO: NLD HCMC – HCMC leaders, including the city’s Chairman Nguyen Thanh Phong, Vice Chairman Le Hoa Binh and heads of departments, held a meeting with 16 real estate firms on February 27 to help them ride out their difficulties. Deputy director of the HCMC Department of Construction Huynh Thanh Khiet said the real estate supply in 2020 dropped 34% year-on-year. As investors have focused more on the up-market segment, the proportion of newly developed luxury apartments and medium apartments jumped from 25% to over 41% and from 23.8% to 57%, respectively. Meanwhile, that of budget apartments dropped from 51% to 1%. A representative of Novaland Group said some of the group’s projects are facing difficulties related to construction permits, house ownership certificates or legal procedures of the Thu Thiem new urban area. “We hope that the Government and leaders of the city and departments will help us promptly resolve problems, enabling us to speed up our projects. This will help provide more products for the real estate market, meet the demand of the citizens, improve social security and contribute to the state’s budget,” he said. Le Huu Nghia, director of Le Thanh Real Estate Company, said his company’s social housing projects have faced difficulties related to the legal procedures and tax policies. The time set for completing social housing project procedures has been shortened from between three and five years to 11 months but poor coordination between departments and districts may lengthen the process. A representative of Thao Dien Real Estate JSC said the company has completed all procedures required by the relevant agencies. However, the land has not been handed over to the company to build a social housing project over the past 10 years. Addressing the meeting, chairman of the HCMC Real Estate Association …

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Lodgis Hospitality's long-term vision and invesment strategy for vietnam's tourism market Lodgis Hospitality, the investment partnership between the leading global private equity firm Warburg Pincus and Vietnam’s leading investment manager, VinaCapital, is focused on Vietnam’s tourism industry, with the strategic aim to support the development of Vietnam as an international tourism destination by delivering a range of high-quality hospitality real estate developments and services. Vietnam - a timeless charm Vietnam - a truly fascinating country, offers a 3,260km coastline, connecting the North and South with white-sand beaches. Beyond its significant coast, the country boasts overlapping ranges of mountains, primeval forests, and world famous caves.  The destination is also known for its rich history, deep culture and arts, and unique street food cuisine.  More than its diverse natural landscape, Vietnam also has vibrant cosmopolitan cities such as Hanoi and Ho Chi Minh, each with its own distinct ambience and rhythm. Hanoi offers a traditional setting with heritage dating back 1,000 years. Ho Chi Minh City is a high-energy urban and business center with skyscrapers and a bustling streetscape. There are also the idyllic landscapes of the Vietnamese countryside and craft villages. These include bountiful fruit orchards across the Mekong Delta; narrow Hoi An streets adorned with bright red Bougainvillea trellises of ancient yellow houses; and, the terraced paddy fields in Sapa. Vietnam and its timeless beauty. Vietnam has become one of the top destinations in the Asia-Pacific region, attracting tourists from all over the world. The U.S - based Go Overseas website ranked Vietnam 8th in its list of top 10 travel destinations for 2019, saying the nation is “filled with beauty at every turn”. As a home to eight UNESCO World Heritage sites, Vietnam was also rated as one of the 10 most unique destinations in Southeast Asia in 2019 by The …

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The session started off with a 11-point rise in the first 21 minutes of trading and remained in the green throughout the day before closing with a 17.7-point gain, the first double-digit point increase recorded in the last seven sessions. Trading volume on the Ho Chi Minh City Stock Exchange (HoSE), on which the index is based, rose 7.7 percent to VND16.02 trillion ($693.4 million), highest in the last 10 sessions. The bourse saw 358 stocks gain and 85 lose. VN-Index now needs another 0.67-percent gain to reach the 1,194-point peak it reached on January 15 before falling to the 1,020 range. The VN30 basket, comprising the 30 largest capped stocks on the HoSE, saw 27 tickers gain, leading with SBT of sugar producer Thanh Thanh Cong – Bien Hoa Jsc, up 5.5 percent. This is the first gain of the ticker after six consecutive losing sessions. It was followed by SSI of leading brokerage SSI Securities Corporation, up 5.4 percent, and BVH of insurance company Bao Viet Holdings, up 4.6 percent. Two real estate companies were in the top 10 blue chip gainers, with TCH of Hoang Huy Investment Financial Services Jsc up 3.7 percent and VRE of retail real estate arm Vincom Retail up 3.2 percent. All banking blue chip were in the green, led by STB of Ho Chi Minh City-based lender Sacombank, up 4.1 percent, HDB of HDBank, up 2.6 percent, and MBB of Military Bank, up 2.5 percent to the new all-time high of VND28,350. Bucking the trend, three tickers ended in the red, led by VIC of biggest conglomerate Vingroup, down 0.5 precent, followed by PNJ of Phu Nhuan Jewelry, down 0.2 percent and MWG of electronics retail chain Mobile World, down 0.1 percent. Foreign investors remained net sellers for the seventh session in a row to the tune of VND209 billion, with strongest pressures on TCB of largest private lender Techcombank, HPG of steelmaker Hoa Phat Group and CTG of state-owned lender VietinBank. The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid …

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