Lim Hua Tiong, CEO of Frasers Property Vietnam, told VIR that thanks to the country’s strong and relatively stable economic fundamentals, the country’s real estate market is growing healthily and remains attractive to investors, especially to those from abroad. “Real estate has always been ranked within the top two sectors in terms of registered foreign direct investment (FDI). Also, there are more and more reputable developers joining the property market and setting Vietnam as their major region to develop,” Tiong said. … [Read more...] about Singaporean imprint in the Vietnamese property market
According to the National Hydrology Meteorology Forecast Center, the system was at around 10.5 to 11.5 degrees north latitude and 111.5-112.5 degrees east longitude in the middle of the East Sea this morning. In next 24 hours, the zone is able to move the northwestward and turn into a tropical depression. Ho Chi Minh City and many places of the Southern region will experience torrential downpours. … [Read more...] about Low-pressure zone forms in middle of East Sea
Viettel among investors of new high-speed under-sea cable ADC The telecom giant Viettel on June 19 announced it is among the members of a consortium developing a high-performance under-sea cable connecting Vietnam, China, Japan, the Philippines, Singapore and Thailand. … [Read more...] about How are SOEs’ outward investment projects performing?
A signing ceremoney of an agreement on oil and gas cooperation between Vietnam National Oil and Gas Group (Petro Vietnam) and Brunei National Petroleum Company (Petroleum Brunei), November 27, 2012 at Istanal Palace Nurul Iman, during a state visit to Brunei of State President Truong Tan Sang (Photo: VNA) … [Read more...] about ASEAN’s investment contributes significantlly to Vietnam’s economic development