According to Bao Viet Securities Company, the market may enter a correction phase early next week before bouncing back at the end of the week. The VN-Index on the southern bourse is expected to establish a sideways channel between 940 and 943 points and from 920 to 925 points. … [Read more...] about Market forecast to remain volatile next week
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The outbreak in China, South Korea and Japan – three of the largest manufacturing economies in the world – has led investors to fear that the Vietnamese economy will be heavily affected by the slowdown of industrial outputs in the three economies as Viet Nam is highly connected to all three. … [Read more...] about Foreign capital keeps flowing out to weigh on VN stocks
After a three year boom, in mid-2019, the condotel market suddenly received irs first shock: the local authorities revoked the certificate for long-term land use rights from a project in Da Nang and gave a certificate for fixed-term (50 years) land use rights instead. … [Read more...] about Will new legal document bring investors back to condotel market?
Hanoi (VNS/VNA) - Experts believe the State's issuance of ownership certificates for non-residential real estate projects will solve existing difficulties in Vietnam’s real estate market. The Ministry of Natural Resources and Environment last week issued new guidelines about the land use regime and the certification of non-residential construction works, such as condotels. “These new guidelines bring positive signals to Vietnam’s real estate market at the start of this year, especially for hospitality developers and investors,” Su Ngoc Khuong, Senior Director of Investment, Savills Vietnam, told Vietnam News. “If the guideline is officially implemented, it will provide great support and leverage for the hospitality sector.” Hospitality investors have two main sources of income: selling second-home villas and condotels, and entertainment activities and leisure services in their projects. Currently, as the revenue of hospitality services has … [Read more...] about Experts eye fix for condotel woes
"Unfortunately, the more elderly demographic found on a typical liner are more likely to be susceptible to anything which might present a serious health challenge," warned Dr Simon Clarke, an associate professor at Britain's University of Reading. … [Read more...] about Floating Petri dishes? Coronavirus puts cruise industry in the dock