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Central bank clamps down on corporate bond growth

Vietnam's central bank has directed commercial banks to stop purchasing corporate bonds towards minimizing risks and tightening control over real estate sector borrowings.

Vinhomes reports doubled Q2 profit

Real estate giant Vinhomes earned after-tax profit of VND8.46 trillion ($365 million) in the second quarter, up 102.9 percent year-on-year.

Hanoi police probe head of Muong Thanh property group

Le Thanh Than, chairman of Muong Thanh Group, is being investigated for "deceiving" real estate project customers.
July 10, 2019 | 09:48 pm GMT+7

Hanoi, Saigon apartment supply lowest since 2014

A tightening of administrative procedures and bank credit dragged new apartment supply in the second quarter in Hanoi and Saigon to a five-year low.
July 05, 2019 | 08:38 am GMT+7

HCMC real estate market spirals downward

The number of real estate transactions in HCMC has fallen 49 percent year-on-year in the first three months of 2019.
June 24, 2019 | 08:45 am GMT+7

Saigon apartment prices jump as licenses dry up

Condominium prices in Ho Chi Minh City rose by 10 percent a year between 2014 and 2018, Savills estimates.
June 18, 2019 | 01:54 pm GMT+7

VinaCapital Ventures invests $4 million in Vietnamese prop-tech startup

VinaCapital Ventures has invested $4 million in Rever, a tech-enabled real estate brokerage company.
June 14, 2019 | 09:50 am GMT+7

HCMC's five-month foreign investment surges 49 pct

Ho Chi Minh City has attracted $2.77 billion in foreign direct investment from January until May, up 49 percent year-on-year.
June 05, 2019 | 06:00 pm GMT+7

Saigon, Hanoi premium office rents rise on low supply

The HCMC and Hanoi premium office markets continue to be undersupplied with no new buildings coming online in the first quarter.
June 04, 2019 | 11:21 am GMT+7

Chinese using proxies to acquire land: public security ministry

An increasing number of Chinese companies and individuals are using Vietnamese proxies to acquire land illegally.
June 04, 2019 | 09:37 am GMT+7

Vinhomes targets 40 percent profit increase this year

Vinhomes is aiming at a 40 percent increase in 2019 after tax profits by expanding to cities outside Hanoi and HCMC.
May 28, 2019 | 12:50 pm GMT+7

Vietnam to stop foreigners acquiring land through local proxies

The government will crack down on locals acting as proxies for foreigners to buy land, Deputy Prime Minister Trinh Dinh Dung says.
May 28, 2019 | 11:40 am GMT+7

Vietnam lawmakers worry about official-investor nexus on public land

Vietnamese lawmakers allege that investors with close ties to officials are benefiting from transactions involving public land.
May 27, 2019 | 08:10 pm GMT+7

90 percent of suspected money laundering in Vietnam done through banks

Banking, real estate and unofficial remittances are top channels for money laundering in Vietnam, a new report says.
May 21, 2019 | 12:50 pm GMT+7

Vinhomes appoints new general director

Real estate giant Vinhomes JSC has appointed experienced senior Vingroup executive Pham Thieu Hoa as its new general director.
May 21, 2019 | 09:15 am GMT+7
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