 |
| Tin Tức |
|
 |
|
| |
|
|
[2009-12-07] Construction of major bridges starts simultaneously
Construction of major bridges starts simultaneously
(Listed Dec 07, 2009)
The construction of three concrete bridges kicks off along a single highway across the central province of Quang Ngai on December 5. All the three bridges have been designed with the ever-lasting structure to be made of concrete and resistant to major earthquakes. The projects are expected to complete in 24 months at a total cost of over 82 billion VND (roughly 4.43 million USD). The three bridges are part of a proje... |
|
[2009-12-07] Domestic steel prices climb
Domestic steel prices climb
(Listed Dec 07, 2009)
The Vietnam Steel Association said that local steel prices have increased by VND200,000-300,000 a ton over October. Explaining the price surge, association Chairman Nguyen Chi Cuong said that two months ago, steel prices in China dropped due to a surplus but began moving up again in mid October. In addition, the strengthening of the US dollar against the dong also caused prices to increase, he said. A ton of steel in the domestic market now co... |
|
[2009-12-04] Auckland's house price too high, warns expert
Auckland's house price too high, warns expert
(Listed Dec 04, 2009)
Auckland's house price surge has prompted a warning that over-valuations are creating a bubble that will burst and cause a painful property recession. Barfoot and Thompson's November figures, out yesterday, showed a 23-month price high in the city of $550,217 although the number of sales was fairly low. Institute of Economic Research principal economist Shamubeel Eaqub said the trend could have far-reaching and damaging effect... |
|
[2009-12-04] Hong Kong property prices to rise 10% next yr: Lee
Hong Kong property prices to rise 10% next yr: Lee
(Listed Dec 04, 2009)
After a roughly 30 percent increase in Hong Kong residential property prices this year, developers can expect additional gains in 2010 on the hope and strength of strong capital flows into the city. Lee Shau-kee, chairman of Henderson Land Development, predicted yesterday that home prices will rise another 10 percent next year, following this year's jump. Such positive expectations are prompting Lee to spend HK$10 billion... |
|
[2009-12-04] Japan, ADB provide US$3.6 billion for Vietnam
Japan, ADB provide US$3.6 billion for Vietnam
(Listed Dec 04, 2009)
The Japanese Government and the Asian Development Bank (ABD) are committed to providing US$3.6 billion ODA to help Vietnam expand Noi Bai International Airport and build roads. The commitment was announced at the Consultative Group (CG) Meeting in Hanoi on December 3. At the meeting, Minister of Planning and Investment, Vo Hong Phuc reaffirmed that in 2009, with its effort and international support, the Vietnamese Governme... |
|
[2009-12-04] Public housing policies fail to attract investors
Public housing policies fail to attract investors
(Listed Dec 04, 2009)
Experts say that Vietnam’s lack of affordable public housing is in part the result of poor government policies, which discourages most investors.
Accommodation for low-income residents, government workers and students is dreadfully inadequate, especially in Vietnam’s big cities. But while demand for low-cost housing increases by the day, the number of new housing projects has failed to keep pace.
A repo... |
|
[2009-12-04] Small business owners suffering after increased lending interest rates
Small business owners suffering after increased lending interest rates
(Listed Dec 04, 2009)
The central bank’s decision on raising basic interest rates has triggered a wave of new interest rate increases. Giang, a small merchant in Hoc Mon District in HCM City has been concerned since yesterday morning, after she received a call from bank informing her that the lending interest rate has increased by 0.5 percent per month. Giang anticipated lending interest rates would increase, and the... |
|
[2009-12-03] Hong Kong's building sales up 0.7% in November
Hong Kong's building sales up 0.7% in November
(Listed Dec 03, 2009)
A total of 11,191 sale and purchase agreements for building units were registered in November in Hong Kong, up 0.7 percent on October and 195.6 percent on November last year, the city's Land Registry said Wednesday. Using a 12-month moving average, the November figure rose 6.1 percent on October and 3.9 percent on November last year. The total consideration of these agreements was HK$47.9 billion ($6.19 billion), up 5.4 perc... |
|
[2009-12-03] Gov’t agencies ask for Hanoi’s land to build houses for employees
Gov’t agencies ask for Hanoi’s land to build houses for employees
(Listed Dec 03, 2009)
Hanoi’s Vice chairman Phi Thai Binh said the city suffers when many ministries and agencies ask for its land to build houses for staff. According to Binh, these agencies allege that their workers face difficulties in finding accommodation so they ask for the city to allocate land to build houses for employees. These agencies cooperate with a real estate firm to develop construction projec... |
|
[2009-12-03] U.S. housing market meltdown not over yet
U.S. housing market meltdown not over yet
(Listed Dec 03, 2009)
The meltdown of the U.S. housing market is not over yet, and home prices will soon start trekking downward again as a flood of foreclosures looms, a well-known economist said on Wednesday. Mark Zandi, chief economist at Moody's Economy.com in West Chester, Pennsylvania, said in an interview with Reuters home prices will resume their decline by early next year as foreclosure sales pick up again. "The housing crash is not over," he... |
|
[2009-12-03] Family run companies may be allowed to use apartments as offices
Family run companies may be allowed to use apartments as offices
(Listed Dec 03, 2009)
While reiterating that using apartments for business offices is illegal, deputy minister of construction Nguyen Tran Nam said small scale family-run companies may be exempt from the ruling. The decision by the Ministry of Construction (MOC) to prohibit using apartments as offices has faced strong opposition from businesses, especially small ones, who want to save money by leasing apartments. However, MOC&rs... |
|
[2009-12-03] Local producers say hurt by cheap steel imports
Local producers say hurt by cheap steel imports
(Listed Dec 03, 2009)
Local steel producers are facing a lot of difficulties due to huge imports of cheap products from China and Russia, an industry official said Monday. During the first half of November alone more than 32,000 tons of cold-rolled steel coils were imported into Vietnam, mainly from China and Russia, Nguyen Tien Nghi, vice chairman of the Vietnam Steel Association, said in an interview with Thoi Bao Kinh Te Saigon Online. Local d... |
|
[2009-12-02] Canada home prices may rise 10 pct in 2010
Canada home prices may rise 10 pct in 2010
(Listed Dec 02, 2009)
Canadian home-resale prices are likely rise in 2010 at an even faster pace than this year but a dangerous bubble probably won't develop, TD Economics said in study published on Tuesday. The average price of an existing home in Canada is expected to surge 9-10 percent next year to about C$346,000 as sales climb to 475,000. In 2009, the average price rose an estimated 4-5 percent on an annual basis. But the sales momentum, which TD... |
|
[2009-12-02] Auckland house prices spiraling upwards
Auckland house prices spiraling upwards
(Listed Dec 02, 2009)
Auckland is driving the rise in house selling price expectations, while the rest of the country lags behind, a report today says. The upward trend in home sellers' price expectations is being driven by the main centres of Auckland, Wellington and Christchurch, while rural New Zealand faces an extended property market "hangover", the latest market report from realestate.co.nz says. The Auckland market in particular is driving rises i... |
|
[2009-12-02] Seven new projects licensed in Dung Quat EZ
Seven new projects licensed in Dung Quat EZ
(Listed Dec 02, 2009)
The Dung Quat Economic Zone Management Authority has granted business licences to seven new projects, with a total registered capital of VND1,587 billion, said Nguyen Xuan Thuy, head of the Management Authority. The Economic Zone has so far licensed 111 projects worth US$ 7.6 billion (123,287 billion), of which US$4.1 billion has already been disbursed. The Zone has also approved the investment plans for four new projects capita... |
|
|
|
|
|
|
