 |
| Tin Tức |
|
 |
|
| |
|
| |
[2009-05-06] Property developers doubt effectiveness of new decree
Property developers doubt effectiveness of new decree
(Listed May 6, 2009)
A Government decree which provides sanctions against violations in the property sector has been in force since early this month, but property developers and traders have cast doubt on whether the decree can be as effective as expected.Decree 23/2009-ND-CP imposes fines of VND60 million to VND70 million on companies and individuals who sell or lease their properties without registering with approved trading cent... |
| |
[2009-05-06] Vietnam seen as example in FDI attraction
Vietnam seen as example in FDI attraction
(Listed May 6, 2009)
The General Secretary of the United Nation Conference of Trade and Development (UNCTAD) has said that at the recent debates of reports on countries’ investment policies, Vietnam was considered an example in foreign direct investment (FDI) attraction.Talking with Vietnamese Minister of Planning and Investment Vo Hong Phuc in Geneva on May 4, UNCTAD General Secretary Supachai Pamitchpakdi suggested that Vietnam’s experie... |
| |
[2009-05-06] Garden Court 1 apartments to be handed over to buyers
Garden Court 1 apartments to be handed over to buyers
(Listed May 6, 2009)
The Phu My Hung Corporation said it will transfer 103 apartments at the Garden Court 1 residential project to their owners at the beginning of this month.The on-schedule transfer, following the handover of Green View flats in March, shows the commitment of the Phu My Hung Corporation to customers.The US$40 million project, whose construction began in the second quarter of 2007, covers an area of5,500 square meters and ... |
| |
[2009-05-06] Demand for apartments expected to remain high
Demand for apartments expected to remain high
(Listed May 6, 2009)
Real estate services providers believe demand for apartments will remain high in both Ha Noi and HCM City despite difficulties because of factors like access to bank loans and prices that are quite a bit lower than their peak in early 2008.Marc Townsend, managing director of property consultant CBRE, said the market was also supported by fewer white-collar layoffs than feared due to the economic crisis and discounts and other p... |
| |
[2009-05-05] New rules filter investors in projects using land
New rules filter investors in projects using land
(Listed May 5, 2009)
The Ministry of Planning and Investment issued Circular No 03/2009/TT-BKH on April 16, guiding the selection of investors to carry out investment projects involving land-use rights. The new regulation is applicable to major projects on lists of projects calling for investment as well as projects drawing attention from multiple investors.Once a local people's council and people's committee chairman has approved a list of pro... |
| |
[2009-05-05] 5-star leased apartments and sweet traps
5-star leased apartments and sweet traps
(Listed May 5, 2009)
Vietnamese people are ready to spend several hundred thousand dollars to own foreign-invested luxury apartments. However, they do not know what will happen in the future, when investors’ land lease contracts expire.Living in leased apartmentsAs the living standard of Vietnamese people has improved, more and more people can afford and want to have luxury apartments worth several billion VND.It seems reasonable to spend a &lsq... |
| |
[2009-05-05] Real estate market report (April 24th, 2009 – April 30th, 2009) A draft house and l
Real estate market report (April 24th, 2009 – April 30th, 2009) A draft house and land tax law can’t handle the speculation
(Listed May 5, 2009)
The last week’s most prominent information concerned a new draft house and land tax law which have just been announced online in order to collect residents’ opinions. However, according to many experts, this draft law won’t be enough to regulate the property market, especially with the current strong speculation.House tax... |
| |
[2009-05-04] City investors shift focus to other provinces
City investors shift focus to other provinces
(Listed May 4, 2009)
Many property investors from HCM City are seeking opportunities in neighbouring provinces like Binh Duong and Dong Nai, where land prices are only 20 to 30 percent of those in HCM City. On April 26, more than 700 buyers drew lots for 400 plots of land at the Hoang Gia Urban Residential Area in Binh Duong Province. Many investors from HCM City hope that the lower prices of land in this residential area - VND275 million for a 150... |
| |
[2009-05-04] HCMC authorities offer special housing incentives for workers
HCMC authorities offer special housing incentives for workers
(Listed May 4, 2009)
In an attempt to combat the poor housing conditions for laborers, Ho Chi Minh City’s authorities have offered construction firms incentives, encouraging them to build more homes for the workers.Officials from the HCMC People’s Council at a meeting last month expressed concern about the poor living conditions of laborers.Statistics showed 71.5 percent of the total number of houses for laborers in the ... |
| |
[2009-04-29] HCM City: VND6mil/sq m apartments to be marketed
HCM City: VND6mil/sq m apartments to be marketed
(Listed Apr 29, 2009)
Real estate developers in HCM City have shifted to build low-cost apartments with the sale prices of VND6-10mil/sq m to meet the increasingly high demand for low-cost accommodations.At the annual shareholders’ meeting of Hoa Binh Joint Stock Company on April 25, Chairman of the Board of Directors Le Viet Hai said that the company is moving ahead with two low-cost housing projects in HCM City.One is the Long Thoi resid... |
| |
[2009-04-29] City opens two bridges to traffic
City opens two bridges to traffic
(Listed Apr 29, 2009)
The HCMC Department of Transport yesterday opened Nguyen Van Cu and Chu Y bridges to traffic, connecting the city's downtown area and southern districts.Nguyen Van Cu Bridge across the Ben Nghe Canal connects District 1 with districts 4, 5, and 8. Construction of the bridge started in 2005 and cost VND535 billion.The four-lane bridge is more than 1,200 meters long and 16.5 meters wide. Chu Y Bridge spans Tau Hu and Doi canals to link Nguy... |
| |
[2009-04-29] Railway through Hai Van Pass upgraded
Railway through Hai Van Pass upgraded
(Listed Apr 29, 2009)
Vietnam Railway has decided to invest VND30 billion to upgrade the railway though Hai Van Pass.The railway was seriously affected during the raining season last year. The reparation and upgrade was done in response to the Prime Minister’s direction, with total investment near VND200 billion.So far, 34 reparation and upgrade articles have been completed with good quality.As scheduled, the project will be completed by September 30... |
| |
[2009-04-29] New property tax law could fuel land crunch, speculation
New property tax law could fuel land crunch, speculation
(Listed Apr 29, 2009)
A draft house and land tax law will tighten Vietnam’s land crunch while leaving the real estate market in the hands of speculators, experts said Monday.Residential land, houses, and land for commercial purposes other than cultivation are currently not subject to taxes. But the Finance Ministry draft, to be submitted to the National Assembly for discussion later this year, aims to change all that.Over populatio... |
| |
[2009-04-29] Builders urged to improve quality
Builders urged to improve quality
(Listed Apr 29, 2009)
The construction sector must improve the quality of building work throughout Viet Nam, Deputy Prime Minister Hoang Trung Hai said at a conference held by the Ministry of Construction yesterday.Hai said the remarkable growth of the sector had contributed greatly to the development of infrastructure, industry and civil projects.However, he said more attention should be paid to quality management as there were many shortcomings in buildings.... |
| |
[2009-04-29] No land charges for builders
No land charges for builders
(Listed Apr 29, 2009)
Developers of housing projects for industrial zone workers will be exempted from land use fees and rentals as part of a decision recently signed by the Prime Minister to boost worker dorm development.Developers will be exempted from value added tax and corporate income tax for the first four years and a 50% tax cut for the following nine years. Corporate income tax will be cut from 25% to 10% during their operations.Vietnam does not allow land... |
|
|
|
|
|
|
