Real estate most expensive cities

Stephen Wyatt, country head, JLL Vietnam The coronavirus situation is evolving, so it’s premature to speculate on the short-to-medium term impacts on the Vietnamese real estate market. Some local governments in China are introducing some supportive measures to help small- and medium-sized enterprises in the country cope with the impact of the novel coronavirus outbreak. Regarding Vietnam, in the short term, we can expect to see more businesses prioritising short-term cost reductions. In the long run, the uncertainty may cause occupiers to be more cautious and adopt more conservative leasing strategies. From a JLL Vietnam perspective, on a market-wide level, the effect of this outbreak is still limited. We expect the impacts to be short-term, and most investors and operators are adopting a wait-to-see attitude and delaying making major decisions. However, what we can tell you is e-commerce will likely benefit as shoppers gravitate towards buying from the safety of their homes. … [Read more...] about Local retail property market over saturation point

Hanoi (VNS/VNA) - The development of a commodity exchange in Vietnam is expected to provide an alternative for investors when they find difficulties investing in risky assets such as stock and real estate. The number of active investors on the Vietnamese commodity exchange is still small compared to stock and real estate markets. The legal framework and the concept of commodity exchanging are reportedly the reasons that have restrained investors from taking part in this market. Agricultural products traded on the global commodity exchanges include corn, wheat, coffee, sugar, lumber and rubber. Those products are also Vietnam’s key agriculture produce. Vietnam is among the world’s top agricultural exporting countries, which accounts for a large-part of all exports. Last year, total export value was up 3.2 percent to 41.3 billion USD compared to 2018. Of the total figure, key agriculture exports – including rice, pepper and coffee – were down 5.3 percent to … [Read more...] about Vietnam’s commodity market expected to attract increased investment

This is the motivation for our collaboration with Bordier & Cie, a leading Swiss private bank with over 175 years of experience, to create a top-quality service for Vietnamese high-net-worth individuals,” said Luu Trung Thai, CEO and vice chairman of MB. … [Read more...] about MB launches MB Private, targeting high net worth individuals

Vingroup stocks, including Vingroup (VIC), Vinhomes (VHM) and Vincom Retail (VRE), gained across all boards, together with Đất Xanh Group JSC (DXG), Hà Đô Group Joint Stock Company (HDG) and Thủ Đức Housing Development Corporation (TDH), raising real estate stocks by 1.37 per cent. … [Read more...] about Cash flow pushes shares up

According to MXV, the trading liquidity of the Vietnamese commodity market is rising. Since mid-2019, the number of new accounts on the market has increased by 20-30 per cent. The futures of agricultural products put up for trading on the MXV’s platform are also linked to global prices. … [Read more...] about Việt Nam’s commodity market expected to lure more capital