Denver real estate investing

The ribbon-cutting ceremony to open the real estate centre (Photo: courtesy of Novaland Group) Ho Chi Minh City, (VNA) - Novaland Group has just officially launched a real estate centre, the ninth of its kind of the group, at the Aqua City project, Bien Hoa city, the southern province of Dong Nai. With the opening of this facility in Dong Nai, Novaland hopes to provide a bridge to connect investors and customers to the latest information about the Aqua City project, while also bringing quality services in accordance with Novaland’s standards to customers when they visit. An overview of the opening ceremony (Photo: courtesy of Novaland)   “Novaland is dedicated to developing Aqua City as an international-standard ecological - smart township that meets the growing green living demands of both present and future urban generations. So we hope there will be more and more customers visiting the Novaland Real Estate Centre to explore the Aqua City project for both … [Read more...] about Novaland opens real estate centre in Dong Nai province

On the stock market, SCR has declined sharply, currently at a three-year low of VND6,300 per share. — Photo tintuc.vn Sai Gon Thuong Tin Real Estate JSC (SCR) plans to issue more than 27.1 million shares to pay 2018’s dividend in the fourth quarter of this year. The shares, valued at VND271 billion, will be issued at a rate of 8 per cent, meaning that a shareholder owning 100 shares will receive 8 new shares. Capital for the issuance comes from undistributed after-tax profit estimated on the audited semi-annual financial statements of 2019. Last year, SCR earned VND2.9 trillion in revenue, an increase of more than 60 per cent compared to the previous year. Post-tax profit rose by VND220 billion to VND331 billion. In the first six months of 2019, SCR’s revenue reached less than one fourth of that in the same period last year, standing at VND418 billion. Post-tax profit decreased by 19 per cent to VND134.8 billion. On the stock market, SCR has declined sharply, … [Read more...] about Sai Gon Thuong Tin Real Estate JSC to pay dividend in shares

The fourth dollar billionaire of Vietnam, Tran Ba Duong, will become the developer of a huge real estate project in Myanmar instead of Doan Nguyen Duc, chair of Hoang Anh Gia Lai Group, who is now focusing on agricultural production. The resolution of the Board of Management of Hoang Anh Gia Lai Group (HAG) released recently shows the decision to transfer 196 million shares, which account for 47.9 percent of charter capital of Hoang Anh Housing Development and Construction JSC, or HAGL Land (HAN) to Dai Quang Minh Real Estate. Hoang Anh Myanmar complex Hoang Anh Gia Lai has completed the transfer of all the remaining shares in the real estate development division as he had planned, even though real estate brought him great success in the past. Prior to that, when releasing the 2018 annual report, Duc stated he would completely withdraw from the real estate sector this year. This is part of his strategy on selling assets to improve the liquidity of Duc’s company. Thanh … [Read more...] about Hoang Anh Gia Lai gives up real estate dream

Nguyen Cong Thinh, Deputy Director of the Ministry of Construction’s Department of Science, Technology and Environment What is your assessment of green building in Vietnam? A number of international organizations and professional associations, such as the United Nations Development Program (UNDP), International Finance Corporation (IFC), Vietnam Association of Architects, Vietnam Construction Environment Association (VCEA) and Vietnam Real Estate Association (VNREA) have been carrying out activities to facilitate green building and urban development. The Hanoi Architectural University and the National University of Civil Engineering are training and providing human resources for green urban development and research. Sustainable, green building has become a strategic target of the construction industry, and businesses are encouraged to invest in it. Why are many businesses unwilling to develop green buildings? Many businesses are not willing to develop green buildings … [Read more...] about Few to invest in green building despite long-term savings

Chinese investment is flowing into ASEAN once more.(Photo: businesstimes.com.sg) Singapore (VNA) – Chinese investment is flowing into ASEAN once more as projects under the Belt & Road Initiative (BRI) see a recovery and ongoing trade tensions with the US are prompting Chinese companies to invest in parts of Southeast Asia, according to a report from Maybank Kim Eng. China’s investments and construction contracts in ASEAN rebounded to 11 billion USD in the first six months of 2019, double the amount in the six previous months, Maybank Kim Eng data showed. For the whole of 2018, investments hit 22.4 billion USD, down from the peak of 38.2 billion USD seen in 2017. The recovery was largely led by Indonesia, Cambodia, Singapore & Vietnam, while revival of BRI projects in Malaysia is expected to boost Chinese investment in 2020. In all, Chinese investments in ASEAN account for 35 percent of all BRI projects between 2014 and 2018, with Malaysia taking up the largest … [Read more...] about Chinese investment returns to ASEAN