There was only one real estate bond issuance campaign in October 2020. The issuer was IDJ Vietnam, which issued VND20 billion worth of bonds on October 6. This is a real estate firm joining forces with Apec to develop resort real estate projects, mostly condotels. … [Read more...] about Real estate bond interest rates are too high, say experts
Post gazette real estate
VIETNAM BUSINESS NEWS JANUARY 24
"Grade A sales has been decreasing consecutively since 2017 and was the worst-hit segment by the pandemic in 2020," said Hang. Of this, a lot of high-end apartment projects of giant developers like Tan Hoang Minh Group, Sunshine Group, Sun Group, and Hateco Group, located in Ba Dinh, Tay Ho, and other districts, which launched in 2020 and earlier, could not sell out during the difficult year. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24
HCMC hotel occupancy hits record low
The development of Covid-19 vaccines will help the industry improve over the next two years and it is expected to make a full recovery by 2024, the report said. … [Read more...] about HCMC hotel occupancy hits record low
More efforts needed to realise VN’s huge cloud computing potential: analysts
Dr Su Ngoc Khuong, director of Savills Viet Nam, said while 2020 was a year of challenges due to the pandemic the property market not only proved resilient but even achieved high growth in some segments like industrial property. … [Read more...] about More efforts needed to realise VN’s huge cloud computing potential: analysts
Vietnamese companies thrive despite divestment of foreign shareholders
Recently, Creed Investments VN-1 Ltd of Creed Group registered to sell more than 4.5 million shares of An Gia Real Estate Investment and Development Corporation (AGG), equivalent to 5.5 per cent of its charter capital. On the first trading day of the deal which was on January 19, the market recorded the amount of buying in AGG stocks almost the same with the amount that Creed Investments registered to sell. … [Read more...] about Vietnamese companies thrive despite divestment of foreign shareholders