Steel shares rise, riding on high hopes Business

Steel shares rise, riding on high hopes

Shares of average-sized steel firms listed on the local market recovered, thanks to the expectation of positive business results from rising steel prices in the first quarter of 2016.
Business

Housing credit package disbursement pushed forwards

Over 22,200 households have signed borrowing contracts worth 10.1 trillion VND (466 million USD) with commercial banks under the Government’s 30 trillion VND (1.4 billion USD) housing credit stimulus scheme, said Head of the Department of Housing and Real Estate Market Management Nguyen Manh Ha.
Business

Property market on road to recovery

Potential is seen in the development of the Vietnamese property market in the next 10 years, as it is now on the path of recovery.

With the Government's efforts to restructure the property market, housing prices have since stabilised amid rising liquidity and falling inventories, noted Nguyen Manh Ha, Director of the Housing and Real Estate Market Management Department under the Ministry of Construction.
Politics

Vietnam-Malta diplomatic ties marked in HCM City

The Honourary Consulate General of Malta in Ho Chi Minh City held a ceremony on September 21 to celebrate Malta’s 50th National Day and the 40th anniversary of the two countries’ diplomatic ties.
Business

Policies to revive property market: experts

The State has offered credit packages for the local real estate market and will amend more regulations and policies to promote further recovery in the local market, noted experts.

During an online dialogue on the property market 2014: opportunities from policies held by the dddn.com.vn, the online Dien dan Doanh nghiep newspaper on April 24, Phan Thanh Mai, the general director of the Bank of Construction, stated that the local property market has shown positive development over the past few months, including financial solutions from banks – 30 trillion VND (1.41 billion USD) and 50 trillion VND stimulus packages.
Environment

Rare bovine filmed in central forest

Experts have confirmed that the bovine found in the buffer zone of the Sao La Reserve Park in the central province of Quang Nam is a kind of rare bull listed as a vulnerable animal needing urgent conservation.
Society

Defendants imprisoned for revealing State secrets

The People’s Court of central Khanh Hoa province on October 29 sentenced two defendants to a total of 11 years behind bars on charges of “intentionally revealing State secrets” stipulated in Article 2, Provision 263 of the Penal Code.
Workshop marks Ho Chi Minh trail at sea Politics

Workshop marks Ho Chi Minh trail at sea

A workshop on the Ho Chi Minh sea trail will be held on Sept. 22-23 in Hai Phong city and will be the highlight of the celebrations of the 50 th anniversary of launching the legendary trail.
Business

Urbanisation pushes national real estate market to new levels

The real estate market continues to have high potential due to the nation's rapid rate of urbanisation and steadily increasing demand, Tran Ngoc Chinh, chairman of the Vietnam Association of Urban Planning and Development, said at a conference on the property and real estate financing market held in Hanoi on April 10.