 |
| Tin Tức |
|
 |
|
| |
|
|
[2010-01-29] Hainan property prices skyrocket
Hainan property prices skyrocket
(Listed Fen 29, 2010)
The plan to turn China's tropical southern island of Hainan into an international tourist resort by 2020 has already started nudging property prices skywards, according to media reports. More than 200 potential property buyers have been pouring into the island every day since the end of last year, when the government unveiled its tourism plan, local media reported. Prices are rising by about 1,000 yuan ($164) per sq m every day for some pr... |
|
[2010-01-29] Real estate prices in Bulgaria still too high for property market revival
Real estate prices in Bulgaria still too high for property market revival
(Listed Fen 29, 2010)
The real estate market in Bulgaria is not expected to see a sudden revival in 2010 as prices are still perceived to be too high, according to the latest industry reports. Those who are interested in buying are looking for bargains. The most popular property is currently apartments in Bulgaria’s capital Sofia and Varna, the third largest city in the country, that are priced around €40,000,... |
|
[2010-01-29] Cash worries for Cat Ba project
Cash worries for Cat Ba project
(Listed Fen 29, 2010)
GIICO International Investment Corporation’s major tourism property complex in Haiphong’s Cat Ba Island is facing cash shortages and design difficulties. “We are really anxious about the capital for our $630 million Venus Cat Ba-Halong International Resort Complex. At present, what is worrying us most is how to have enough money for the project’s site clearance,” said the corporation’s chairman Ha Manh Du... |
|
[2010-01-29] Construction of Rach Tra bridge starts
Construction of Rach Tra bridge starts
(Listed Fen 29, 2010)
The People’s Committee of Ho Chi Minh City and the municipal Department of Transport yesterday started the construction of the new Rach Tra bridge to replace the seriously degraded old Rach Tra bridge. The new bridge, 2.200 metres in length, has a total investment of around VND 547 billion. It is expected to be completed within 22 months with the Urban Transport Management Zone No.3 as its investor. The bridge lies on the int... |
|
[2010-01-28] UK construction industry 'to see slow recovery'
UK construction industry 'to see slow recovery'
(Listed Fen 28, 2010)
The UK construction industry will not start to recover from the recession until 2011, according to a report. The study, by the Construction Skills Network, says the industry will see a slow return to growth over the next few years after a "severe" contraction. Output fell by 13% last year, with particularly sharp falls in north-west England, the north-east and West Midlands. The report says that 375,000 jobs will have been l... |
|
[2010-01-28] Construction of 25-storey building starts
Construction of 25-storey building starts
(Listed Fen 28, 2010)
The Tien Loc Investment Group yesterday started the construction of the 25-storey Tien Loc – Ha Nam building, the highest so far in Phu Ly city, Ha Nam province. On an area of 3,234 square metres, the building has a total construction area of over 27,000 square metres with 286 apartments. It is expected to be completed by the first quarter of 2012. On the occasion, the Tien Loc Group and the Ha Nam Association of Fellow-coun... |
|
[2010-01-28] Waiting for golden values from golden lands
Waiting for golden values from golden lands
(Listed Fen 28, 2010)
Property developers often say there are three important things that help to bring success to their properties, location, location and location. That is why many realty firms have spent a lot of time and money looking for prime sites for their project development. It is easy to understand that big profit margins are what will return for their risky investments. In big cities like HCMC, prime sites, which local media often call ... |
|
[2010-01-28] Steel competition seen harsher as market faces glut
Steel competition seen harsher as market faces glut
(Listed Fen 28, 2010)
The competition on the construction steel market will become stronger this year as output outpaces demand, aggravated by the probable increase in steel import, said a deputy minister of industry and trade. Do Huu Hao said after attending a conference at the Vietnam Steel Corp. (VNSteel) in Hanoi on Monday that the local market would face an oversupply of construction steel. Aware of this situation, many domestic steel pr... |
|
[2010-01-27] Biggest international casino inaugurated in Da Nang
Biggest international casino inaugurated in Da Nang
(Listed Fen 27, 2010)
The Silver Shores joint venture opened an international tourism centre in Da Nang’s Ngu Hanh Son (five marble mountains) district on January 26. It consists of a five-star hotel chain and an entertainment area, including the biggest international casino in Vietnam. In addition, there are 52 upmarket villas and a 1,000-seat national conference building.The entertainment area alone covers 15,000 sq.m, capable of pro... |
|
[2010-01-27] US$318 million worth of FDI attracted in January
US$318 million worth of FDI attracted in January
(Listed Fen 27, 2010)
US$318 million in registered foreign direct investment (FDI) capital has been attracted in January, a year-on-year rise of 71.9%, according to the Foreign Investment Agency under the Ministry of Planning and Investment. Of the above figure, 40 FDI projects have been licenced with a total registered investment capital of US$285.1 million, as much as 80% in terms of the number of projects and a 78.2% increase in terms of the ... |
|
[2010-01-27] Pre-Tet real estate market gloomy
Pre-Tet real estate market gloomy
(Listed Fen 27, 2010)
The real estate market in the lead-up to Tet (lunar New Year) has been sluggish in Hanoi and Ho Chi Minh City, due in part to banks’ conservative lending of loans. According to VietRees, a real estate market research company, the cost of high-end apartments has sharply declined. Since October 2009, dozens of apartment blocks have seen price reductions up to 30 percent over the beginning of 2009. Real estate experts said the main rea... |
|
[2010-01-27] No change in prime rate: central bank chief
No change in prime rate: central bank chief
(Listed Fen 27, 2010)
State Bank of Vietnam Governor Nguyen Van Giau denied rumors of a likely hike in the prime interest rate, announcing January 26 it would remain at 8 percent in February. Other interest rates too would remain unchanged, he said. The refinance rate is at 8 percent, the rediscount rate at 6 percent, and the overnight rate on inter-bank electronic payments and the rate of loans to finance balances in clearing transactions between t... |
|
[2010-01-27] Road linking HCMC with East Sea partially opened
Road linking HCMC with East Sea partially opened
(Listed Fen 27, 2010)
A new road linking Ho Chi Minh City with the East Sea through its coastal district of Can Gio opened to traffic January 26. Phase 1 of the 31-kilometer Rung Sac (Sac Forest) Road has been completed with three of its six lanes in use now. The road, whose construction began in 2008, is expected to cost VND1.42 trillion (US$76.88 million) when its second phase is completed at the end of this year. Speaking at the inauguration... |
|
[2010-01-26] Experts seek ways to keep the roof on housing prices
Experts seek ways to keep the roof on housing prices
(Listed Fen 26, 2010)
A property tycoon has questioned the government's commitment to keeping a lid on rising property prices after it was revealed that the housing market is now responsible for half of the capital's GDP. Ren Zhiqiang, chairman of Hua Yuan Real Estate Group, said he wondered about Beijing municipal government's sincerity in cooling the over-heated housing market. "I saw on TV that even some migrant workers in Tianjin and Gu... |
|
[2010-01-26] Trade center gets off the ground in Hanoi
Trade center gets off the ground in Hanoi
(Listed Fen 26, 2010)
The Hanoi Trade Corporation (HAPRO) Friday started work on a commercial and service complex with a total budget of US$15.89 million in the capital city. The Hapro Trade Center covers an area of 1,630 square meters at 11B, Cat Linh Street, Dong Da District. Upon completion in March 2012, the 14-floor building will become the headquarters of the Hapro Group. The remaining area of the French-styled building will be dedicated to offic... |
|
|
|
|
|
|
