Tumbling stocks and gold prices may drive investors away to the real estate market as property is traditionally a favourite channel for investment in Vietnam compared to gold, stocks and bank savings.
The Department of Planning and Investment of Ho Chi Minh City has asked permission from the city government to upgrade the Xuyen Tam Canal under the form of a Public-Private-Partnership agreement.
Singapore’s economy may suffer from negative impacts from China’s move to devalue its currency for three consecutive days on August 11, 12 and 13, experts said.
Vietnam's wood industry gained growth in its export value in the first seven months of 2015 but will have difficulty maintaining this growth until the year end, according to experts.
The southern region could experience power shortages in the next three weeks due to low coal supplies at the region's key thermal power plants, Electricity of Vietnam (EVN) said.
The cruise liner Voyager of the Seas of the US Royal Caribbean Cruise Lines carrying over 4,000 tourists and nearly 1,800 crew members docked at Chan May port in the province of Thua Thien-Hue.
Thailand may suspend its general election until April 2017 if the National Reform Council (NRC) does not ratify the new constitution draft during its meeting next month.
Quang Ninh province's historic rainstorm this week severely disrupted the area's coal supplies, and could temporarily shut down several thermal power plants.
Malaysian exports of natural rubber (NR) in May plummeted 17.4 percent
from the previous month to 40,500 tonnes, the country’s statistics
department said on July 13.
The bilateral trade between Vietnam and Russia is expected to reach 10
billion USD by 2020, following a Free Trade Agreement between Vietnam
and the Eurasian Economic Union.
The local property market saw a doubling of successful transactions in
May, said the Ministry of Construction's Housing and Property Market
Management Department.
Natural rubber export prices are on a rising trend since the beginning
of May following concerted efforts from the Ministry of Agriculture and
Rural Development and the Vietnam Rubber Association (VRA), reported the
Thoi bao Kinh Te Vietnam (Vietnam Economic Times).
Malaysia’s palm oil exports surged 37 percent to 1.61 million tonnes in
May, the highest level since March 2003, according to the Malaysian Palm
Oil Board.
Nearly 18,000 cars were sold in the domestic market during May 2015,
down one percent from the previous month, but up 47.69 percent from May
last year.
The Trans Pacific Partnership (TPP) trade agreement is expected to add
30 percent to Vietnam's GDP over the next 10 years, the US Assistant
Secretary of State for Economic and Business Affairs said at a press
briefing held in HCM City last week.
Vietnam’s real estate inventory was estimated at 67.4 trillion VND (3.13
billion USD) by the end of May this year, according to statistics
recently announced by the Ministry of Construction (MoC).
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