Gas, condensate found off southern Viet Nam coast Gas, condensate found off southern Viet Nam coast

Three companies on August 20 announced the discovery of gas and condensate in the fourth well in Blocks 05-1b and 05-1c off the southern Viet Nam coast.

Two new seaplanes to boost luxury tourism Two new seaplanes to boost luxury tourism

Hai Au Aviation is introducing today two of its three new Cessna seaplanes from the US that promises to provide a unique and breath-taking experience for tourists in Viet Nam.

Vietnamese customers prefer smartphones with 5-inch screens Vietnamese customers prefer smartphones with 5-inch screens

Twenty-five per cent of the Vietnamese customers want their next smartphone to have a 5-inch screen.

Car industry faces development roadblocks Car industry faces development roadblocks

Viet Nam's ambitious master plan for the development of its fledgling automobile manufacturing industry for 2020 to 2030, which the government recently endorsed, is facing major stumbling blocks.

Terms of home loan repayments extended Terms of home loan repayments extended

(Aug 28, 2014)

The Government has extended repayment terms from 10 to 15 years on loans borrowed from the national VND30 trillion (US$1.41 billion) home-credit package.

Experts optimistic of apartments market

The domestic apartments market is expected to continue recovery by year-end and beyond because of the increasing number of advantages for it in market and state policies, experts said.

CBRE to manage V+ commercial centre

CBRE, the global property consulting firm, signed an agreement with Hoa Binh Company Ltd over managing its V+ commercial centre on August 26 in Ha Noi.

VN property market worth $21b

A study by Nomura Research Institute (NRI) of Japan estimated the value of Viet Nam's property market at US$21 billion, a far cry from that of some of its neighbours.

Da Nang housing construction falls in H1

Production volume for the property market here fell slightly by 1 per cent in the first half of 2014, a property consultancy company report showed.

Brokers undeterred by August fears

Real estate traders have not stopped doing business in the seventh lunar month this year as in previous years, said experts.

Capital seeks permission to make buildings taller

The city government has proposed that the number of storeys of old apartment buildings scheduled for renovation be increased to attract more tenants and ensure profits for investors.

Ha Noi plans new urban areas

The capital has planned a VND20-trillion (US$940 million) project to develop urban areas along the Nhat Tan – Noi Bai axis.

Property price indices rise in major cities

Residential markets in Ha Noi and HCM City would see positive development by the end of the year due to increases in the property price index.

Foreign investors prefer operational assets in VN property market

The property market is becoming increasingly attractive to foreign investors, property consultancy Cushman & Wakefield Viet Nam said.

Companies search for offices in Ha Noi

The demand for rented office space in Ha Noi increased sharply in the second quarter of this year, pointing to a gradual recovery of the domestic economy, said property experts.

VietJet passenger wins Honda bike in lucky drawVietJet passenger wins Honda bike in lucky draw

VietJet on August 28 announced the first winner of a Honda SH 125, the monthly prize in the airline's latest mega promotion, "Enjoy Flying with VietJet and Win a Car."

Car industry in need of overhaulCar industry in need of overhaul

Mechanical engineering is the key to the growth of Viet Nam's underdeveloped car industry, which is plagued by too many small operators, limited production of sophisticated components and a low localisation rate.

Thai firm snaps up Metro, eyes VN market Thai firm snaps up Metro, eyes VN market

Thailand's Beri Juker Public Co. Ltd (BJC) signed a deal earlier this month to buy the Viet Nam operations of Germany wholesaler Metro for US$876 million.

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