One of reasons for the drop in investment in realty estate is discrepancy in regulations of investment, housing and land planning. Without timely resolutions, it will result in a drop in the government’s budget collection from realty estate investment. … [Read more...] about HCMC petitions to remove barriers for housing projects
Non residential real estate projects
Mr. Troy Griffiths, Deputy Managing Director of Savills Vietnam, said: “Globally, financial markets have been experiencing considerable volatility: stock markets have fluctuated with wide daily amplitude, the volatility index has reached the high level since the 2008 financial crisis, market liquidity has been exhausted, etc.”. … [Read more...] about Novaland attractive to foreign investors, why?
Last weekend, the stock market was covered by negative information, especially the situation of mortgage lien release, including real estate stocks. Firstly, on March 23, HDB Securities Company announced it would lift the mortgage of 3 million ROS shares of Mr. Trinh Van Quyet from March 24. Right after the announcement, FLC Group said that money had been added to the brokerage account of Mr. Trinh Van Quyet. Therefore, HDB Securities Company terminated the mortgage lien release on ROS shares. However, information about mortgage lien release still massively appeared at the end of March when the market plummeted continuously. On March 30, Hoa Phat Joint Stock Company denied the information that the Bank for Foreign Trade of Vietnam (Vietcombank) sold 100 million shares of HPG mortgaged by Mr. Tran Dinh Long, Chairman of the Board of Directors of Hoa Phat Group. Accordingly, the medium and long term contract between Hoa Phat Group and Vietcombank already had collateral. The mortgage of … [Read more...] about Stock market receives positive breeze
People line up to buy face masks in Daegu of the RoK (Photo: Xinhua/VNA) Vietnamese workers in the Republic of Korea (RoK) will be given ten face masks each free of charge for use in two weeks amid the spread of the novel coronavirus disease (COVID-19) in the country. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia (updated hourly)
According to the Vietnam Securities Depository (VSD), once the T+0 system takes effect, it could boost trading liquidity and benefit both investors and securities firms, especially when the market vulnerable to the volatility of the global markets amid fears about the instability of economic and political relations and the spread of coronavirus. … [Read more...] about BUSINESS NEWS HEADLINES APRIL 8