Real estate

The real estate market has not recovered well after COVID-19, but property firms are now in a position to buy land plots at reasonable prices. Nam Long’s president Nguyen Xuan Quang said at the meeting with investors in mid-June that the firm is gathering strength to enlarge the land fund, targeting large land plots in satellite localities in HCM City and Hanoi. … [Read more...] about Real estate firms spend trillions of VND to buy land plots

The other accused persons include Tran Trong Tuan, Deputy head of the HCMC Party Committee office; Phan Truong Son, Deputy director of the Department of Planning and Architecture; Tran Quoc Dat, Deputy head of the Housing Development and Real Estate Market Division under the Department of Construction; Le Tan Hoa, an expert of the Housing Development and Real Estate Market Division under the Department of Construction. … [Read more...] about HCMC’s high ranking officials prosecuted for wrongdoings at Sargi

Hi-tech parks, processing zones and industrial zones, and start-ups in the city are running quite well. The city recently built an urban innovation area in its eastern part to create a driving force for the city amid the fourth industrial revolution, and its model linking banks and businesses via State management agencies in wards and districts is performing well.  … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 12

The other accused persons include Tran Trong Tuan, Deputy head of the HCMC Party Committee office; Phan Truong Son, Deputy director of the Department of Planning and Architecture; Tran Quoc Dat, Deputy head of the Housing Development and Real Estate Market Division under the Department of Construction; Le Tan Hoa, an expert of the Housing Development and Real Estate Market Division under the Department of Construction. … [Read more...] about HCMC’s high ranking officials prosecuted for wrongdoings at Sagri

However, domestic stock brokers were quick to adapt to the new game, making use of drastic cuts of taxes, fees and interest rates for margin loans to attract customers. For instance, SSI has soon launched a VND2 trillion margin loan package, offering a preferential interest rate of 9% for existing investors and new customers since March. Similarly, Bao Viet Securities Company (BVSC) introduced a margin loan package with an annual interest rate of 9% on May 29. Meanwhile, HSC has applied this interest level since April 28. … [Read more...] about Low credit growth may redirect bank money to securities