Owners of Cocobay Da Nang condotels propose solution to profit problem Many owners of units at the Cocobay Da Nang condotel project have proposed to convert profits owed by Thanh Do Company into land or houses at Cocobay, according to a statement from Thanh Do. … [Read more...] about Will new legal document bring investors back to condotel market?
By mid may
HCM City (VNA) – The interest rates were kept stable in the first six months of 2018 while the lending rates for priority fields have decreased. The information was revealed at a meeting to review the banking activities in the first half of 2018 in Ho Chi Minh City on June 13. State and commercial banks cut about 0.5 percent per year in interest rates for consumers with good credibility. At current, interest rates of short-term loans stand at 6-9 percent while those of mid- and long-term loans are about 9-11 percent. Those with high credibility and financial capability could enjoy rates of 4-5 percent per year. According to Vice Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong, to ensure the liquidity of credit organisations and stabilisation of the monetary and forex market, the central bank will focus on the flexible management of open market operations in line with market developments and available capital of credit organisations. The bank will make it … [Read more...] about Interest rates kept stable in first half of 2018
Two women sanitize a classroom. Students across the country still stay at home since the coronavirus outbreak is developing unpredictably - PHOTO: VNA HCMC - As I near my mid-40s, I have become accustomed to hustling for work. Over a lifetime of relying on writing and teaching as revenue streams, you (luckily? sadly?) develop a personal process for what to do when work dries up. With the coronavirus situation dragging on, I’m lucky to be partly compensated while we wait for students to return to school… Some friends who teach in language centers aren’t so lucky. I foresee making up the shortfall with revenue from alternate sources. … [Read more...] about Coping when revenue streams dry up
Fresh graduates working in Vietnam’s two most developed cities, who make on average VND72 million ($3,100) a year, are losing out and unlikely to be able to buy houses as incomes cannot keep up with real estate prices, according to data produced by recruitment firm Navigos at a recent real estate forum. … [Read more...] about City house prices well beyond reach for fresh graduates
“Recently, doctor Choi Ju-young of the national team told me to go to the Vingroup-owned Promotion Fund of Vietnamese Football Talent (PVF) Centre to help me with my recovery, but I felt that my injury was not too serious so I did not want to bother him,” Anh added. … [Read more...] about Midfielder Anh ready for V.League 1 and national team matches