Developing real estate leads

The net losses of Duc Long Gia Lai Group (HSX: DLG) have also increased to VND286 billion ($12.43 million) from VND257 billion ($11.17 million) in the unreviewed financial statement. This was due to financial costs rising 11 per cent as projects were temporarily suspended in the first half while other revenues decreased. Notably, corporate income tax expenses doubled to VND14 billion ($608,700). The audited statement also brought into question whether DLG can continue operating, stating that this depends on future performance as well as negotiations with owners on extending and restructuring principal, interest debt, and interest reduction. … [Read more...] about Real estate giants report heavy losses

In order to revive the manufacturing industries, the Government had been fighting the pandemic and developing the economy by speeding up investment capital made from the State budget in August and first eight months of the year by 45.4 per cent and 30.4 per cent over the same period last year. This was the highest growth from 2016-2020, the VSA said. … [Read more...] about Stagnated construction leads to large steel inventories

Sunshine Horizon - The prosperous symbolic twin towers in the heart of District 4 In addition to being accessible, the twin towers will create a significant landmark and status for the road it is on (Ton That Thuyet Street). Similar to Ben Van Don Street, it is anticipated with much growth in the near future. Neighbouring close to District 1’s commercial and financial centre makes Sunshine Horizon one of the most dynamic and lively areas of Ho Chi Minh City. … [Read more...] about Sunshine Horizon – The prosperous symbolic twin towers in the heart of District 4

Adele Tao, CEO of LIXIL Water Technology Greater China, said, “The pandemic resulted in unforeseen circumstances and challenges around the world. Despite that, we remain focused and committed towards our goal in delivering safe and comfortable products and services through responsible, sustainable innovations to improve the quality of our consumers’ lives. That said, we also plan to make significant investments to introduce new categories and products to our consumers, and going beyond that we would also dial up service level to our consumers with industrial best-in-class brand and product experience throughout before, during, and after sales. We will work more closely with the developer, designer, and architect community at a strategic cooperation level to achieve the bigger goals.” … [Read more...] about LIXIL announces winners of Asia-Pacific Property Awards 2020-2021

Quang Ninh (VNA) - Investment in industrial parks (IPs) and economic zones (EZs) has become a new driver of growth in the northeastern province of Quang Ninh, with local authorities issuing various policies to attract investors. According to experts, Quang Ninh is considered a strategic investment destination in Vietnam’s northern region and an important link in the Hanoi - Hai Phong - Quang Ninh northern economic growth triangle. The province possesses major advantages, with Van Don district to become a multi-sectoral marine economic zone and an entertainment centre, with a casino, high-end sea-island tourism, and general services. The province has planned to develop eleven IPs and four EZs that together span over 368,000 ha, accounting for more than 30 percent of Quang Ninh’s total natural area. Six of the 11 IPs have already been issued investment registration certificates and have infrastructure invested in and leased. Investors have so far poured about 27.35 … [Read more...] about Industrial parks, economic zones create new growth momentum in Quang Ninh