American express home equity loans

  An apartment building for workers at Đồng An Industrial Zone, Thủ Dầu Một City in Bình Dương Province. — VNA/VNS Photo Nguyễn Văn Việt HÀ NỘI — Only 28 per cent of industrial zone workers are provided with stable accommodation, while the rest have to rent houses with poor sanitation and infrastructure. According to a nationwide report, by 2020, some 1.7 million industrial parks workers will have a need for housing. However, the country has been only able to build 100 social housing projects with 41,000 apartments for 330,000 workers. The Government had tasked the Việt Nam General Confederation of Labour with implementing Decision No.655/QĐ-TTg by the Prime Minister on building trade union institutions in industrial and export processing zones with a focus on improving living conditions for workers and employees. In recent … [Read more...] about Affordable homes still a dream for many Vietnamese workers

With the financial year drawing to a close, banks are busy selling mortgaged properties to resolve bad debts, recovering capital. Photo vov.vn With the financial year drawing to a close, banks are busy selling mortgaged properties to resolve bad debts, recovering capital. On November 22, Vietinbank’s Kien An branch announced auctions to recover four large non-performing loans worth dozens of billions to trillions of dong. They include a VND27 billion (US$1.17 million) loan owed by the Hon Ngoc Liability Limited Company. The lender’s Dong Nai branch announced the sale of two properties to recover VND1.2 trillion ($52.17 million) and VND4.3 trillion ($156.95 million) from the Tan Mai Mien Dong Joint Stock Company and Tan Mai Mien Trung Joint Stock Company. Recently, SHB decided to sell a mortgaged asset worth VND9 billion by an individual customer. Others like Sacombank, MB, Agribank and BIDV have been announcing a number of auctions of mortgaged properties. A State Bank of … [Read more...] about Liquidating morgaged assets to recover bad debts still difficult

Respondents generally stick to a wait-and-see attitude towards the property market, with a significant decrease in the percentage of respondents expecting home prices to fall HONG KONG, CHINA - Media OutReach - 9 December 2019 - Citi Hong Kong announced today the results of its survey on residential property ownership in Hong Kong for Q4 2019. According to the survey: 46% of the respondents expected home prices to fall in the next 12 months, a sharp decline of 10 percentage points from the preceding quarter; 57% of the respondents said they were currently very / rather uninterested in property ownership, a 6 percentage point increase from the preceding quarter; 60% of the respondents did not consider it a perfect time to buy a home now, an 8 percentage point decrease from the preceding quarter. Sharp decline in percentage of respondents expecting home prices to fall The results of the latest survey show that 46% of the respondents were expecting home price in Hong … [Read more...] about Citi Hong Kong Releases Results of Fourth Quarter 2019 Residential Property Ownership Survey

How about the first time you went to a supermarket in your new country overseas only to discover a favourite food item had a price tag that nearly knocked you off your feet? Or you visited accommodation while apartment hunting that was expensive yet missing what you consider to be basic features? When we move abroad we have to decide which toys, trinkets, and habits we’ll keep in our adoptive country and which we’ll let go. I recently wrote an article about the cost of living for an expat retiree in Vietnam and discovered during research that I was spending money on things out of habit, not need, and that I could save a fair amount by tweaking priorities:  How much does it cost an expat retiree to live in Vietnam? - Tuoi Tre... Part of that exercise was a sanity check on where money was going because the cost structure is quite different in Vietnam, so simply converting prices from a foreign currency to Vietnamese dong (VND) only tells part of the story. Some … [Read more...] about Out of sight…

National Assembly Chairwoman Nguyen Thi Kim Ngan (L) is welcomed by the Vietnamese community in Kazan (Photo: VNA) Kazan (VNA) – National Assembly Chairwoman Nguyen Thi Kim Ngan met with the Vietnamese community in Kazan, the Republic of Tatarstan, at the House of Peoples’ Friendship on December 8 (local time). The event was also attended by Chairman of the State Council (parliament) of Tatarstan Farid Khayrullovich Mukhametshin, who told his guest that the House of Peoples’ Friendship is used by all communities in Tatarstan to exchange and strengthen friendship, while maintaining their cultural identities. Each community has their own space at the house, he said. There are about 1,000 Vietnamese people living in Kazan, along with 96 students. The Vietnamese Association in Kazan, which was established in 2002, has held various activities to foster solidarity among the community and promote Vietnamese culture, including sporting events and regular Vietnamese … [Read more...] about NA leader meets Vietnamese community in Tatarstan