Many housing projects launched at year-end The Saigon Times Daily HCMC – The volume of apartment and land lot transactions in HCMC is quite busy in the final months of the year with many projects launched to take advantage of the high demand at the year-end, VietnamPlus reports. Hoa Binh House Corporation has recently bought The Ascent, a high-end project worth nearly VND600 billion in District 2, from Chip Eng Seng Corporation Ltd and launched the sale of around 280 apartments of this project. In addition, Hoa Binh House has offered for sale Soho Riverview apartments in Binh Thanh District at prices starting from VND1.5 billion per unit. Novaland Group has launched the River Gate apartment project in District 4 after successfully selling apartments of Icon 56 and Galaxy 9. Savills Vietnam, the distributor of the 927-apartment City Garden project in Binh Thanh District, offered apartments for sale early this month. The project’s phase one has been completed with 449 … [Read more...] about Many housing projects launched at year-end
Year end marketing report
Domestic household plastics manufacturers vow to conquer high-end market
VietNamNet Bridge - Vietnamese household plastic products have been well- known to commoners, and now it's the time for them to conquer the high-end products. Foreign brands' rapid expansion awakens Vietnamese plastics producers … [Read more...] about Domestic household plastics manufacturers vow to conquer high-end market
Auto manufacturers enter year-end sprint race
VietNamNet Bridge - The car sales have increased slightly after automobile manufacturers launched a series of new models. However, high hopes would be put in the last two months of the year. After the five-month decrease period, automobile joint ventures have seen the sales increasing slightly since June. … [Read more...] about Auto manufacturers enter year-end sprint race
Cbank pledges steady 9pct depositing rate until year-end
The State Bank of Vietnam has pledged to maintain a 9 percent depositing rate for one-year term deposits from now to the end of the year.. It coincided with the speech given by SBV governor Nguyen Van Binh at a recent meeting session of the National Assembly, stating that this will be the last rate cut for 2012. This is the fourth time in nearly three months that the SBV has cut the depositing rates, with a total reduction of up to 5 percent. The current interest rate mechanisms have ensured a balance between the interests of depositors and borrowers, in the context that inflation tends to be lower, SBV deputy governor Le Minh Hung told newswire Vnexpress. Since the central bank will keep the interest rates stable until the end of the year, businesses will be more proactive in mapping out their business plans, Hung said. As a result, there will be no financial shocks to the business sector, and the central bank can prevent forex speculators from hedging on the forex rate … [Read more...] about Cbank pledges steady 9pct depositing rate until year-end
IT product year-end market: hardware get more expensive, computers unsold
The heavy floods in Thailand have led to the computer hardware prices increasing continuously. The computer market in the year-end sale season is gloomy because the price has become double. Hardware price up, computer gets more expensive The prices of computer hardware have increased dramatically recently, because of the interrupted supply from Thailand, which provides 45 percent of the total number of hardware worldwide, according to IDC. Western Digital alone has 60 percent of computer hardware made at the factories in Thailand. The short supply of hardware has affected the Vietnamese computer market. According to Lai Van Van, Business Director of Infoland, which specializes in trading computer accessories, said that the hardware price has increased by 30-40 percent just within a short time. Especially, at some moments, the price jumped by 100 percent. Meanwhile, Thegioididong.com, Vien Thong A, Phong Vu or Bach Khoa Computer have reported the price increases of 200,000-500,000 … [Read more...] about IT product year-end market: hardware get more expensive, computers unsold