Real estate market

MIPIM Asia delivers insight on investment trends and enhances industry players’ economic advantage in a shifting global marketHONG KONG, CHINA - Media OutReach - 22 November 2019 - "Engaging the future of Asian markets" will be the overarching theme for the two-day MIPIM Asia Summit, providing real estate leaders operating in the region with an all-encompassing perspective on major industry trends. Robust economic growth and an influx of capital have expedited the growth of Asian markets. Although the Sino-American trade situation has dampened market sentiment, the Asia region continues to show a promising future in the real estate and property technology sectors. The highly anticipated two-day property summit takes place November 26-27 at Hong Kong SAR's Grand Hyatt. MIPIM Asia aims to impart industry knowledge to help businesses deploy effective investment tactics in the real estate sector in Asia. The summit will also be hosting a "Meet the Chairmen" event with … [Read more...] about Engaging the Future of Asian Markets

Education and training is at the core of success for students moving into work (Photo: Shutterstock) Despite pouring her heart and soul into the field of ­education, Jennie Hoang Phuong – chief marketing officer of the INTEK Institute of Applied Technology – has to admit that she feels very worried at a time when the “brain drain” situation in Vietnam seems to be getting worse. “This is partly due to the fact that the quality of training has not really met the actual needs of businesses, the ease of enrolment at universities and especially the shortage of experience, soft skills of the students,” said Phuong. She lamented that the first INTEK enrolment received thousands of applications, but after the entrance exam, there were only 13 eligible students. At the end of the first year of study, this number has decreased to five students. Despite a lot of difficulties, Phuong said that she and INTEK are still consistent with the way they are … [Read more...] about Releasing potential of quality labour

After raising deposit interest rates in the third quarter of 2019, some commercial banks continue to push up interest rates in the last quarter of the year in order to mobilize capital to meet the needs of enterprises in the peak business season. According to a macro report released by the BIDV Training and Research Institute, as of October 2019, deposit interest rates recorded the highest level of 10 percent a year (five-year certificates of deposit), much higher than earlier this year. Many commercial banks have listed new long-term interest rates of as much as eight percent per year for terms of over 12 months, even 9-10 percent per year on certificates of deposit. Nam A Bank has applied interest rates of 8.5 percent per year for terms of 18 months and 24 months. Eximbank has applied interest rates of 8.4 percent per year for deposits of more than VND100 billion, while customers with deposits of more than VND300 billion can enjoy interest rates of eight percent per year at … [Read more...] about Credit, deposit interest rates to expand toward year’s end