Special Report

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Metropolitan building to become wholly foreign-owned

Posted by vietnam on 04 Sep 2010 | Tagged as: Special Report

The Saigon Metropolitan Building, standing imposingly in the heart of HCMC, will soon become wholly foreign-owned (Photo: Trung Chau) HCMC – The Saigon Metropolitan Building adjacent to the Notre Dame Cathedral in downtown HCMC will become wholly foreign-owned as the foreign partner, Saigon Metropolitan Ltd., has agreed to all conditions set out for the transfer [...]

EC’s anti-dumping duty hurts bike industry

Posted by vietnam on 04 Sep 2010 | Tagged as: Special Report

That the EC may review and extend an anti-dumping duty on imported made-in-Vietnam bicycles worries not only Vietnamese bike makers but also Vietnam’s investors and partners in the field. Deputy Head of the Ministry of Industry and Trade’s Competition Management Department Vu Ba Phu made the comment at a press briefing in Hanoi on May [...]

Foreign firms dominate property consulting service

Posted by vietnam on 06 May 2010 | Tagged as: Special Report

Foreign companies like CB Richard Ellis Vietnam (CBRE Vietnam), Savills Vietnam, and Colliers have a 90 percent market share of the realty consulting industry in Vietnam Foreign companies like CB Richard Ellis Vietnam (CBRE Vietnam), Savills Vietnam, and Colliers have a 90 percent market share of the realty consulting industry in Vietnam. They have recently [...]

Not keeping up with the Joneses paying off

Posted by vietnam on 28 Apr 2010 | Tagged as: Special Report

Low budget alternatives are proving more attractive to buyers Mid and low-range apartments are gradually dominating Hanoi’s property market. According to CBRE Vietnam, 91 per cent of apartments launched in this year’s first quarter were mid-end residential units. The first quarter was also noteworthy because no high-end projects were launched, except the re-launch of a [...]

Ho Chi Minh City property market grows slightly in Q1

Posted by vietnam on 24 Apr 2010 | Tagged as: Special Report

The Ho Chi Minh City property market saw modest growth in the first quarter, with both demand and supply increasing in two out of five segments, property consultants Savills Vietnam and CB Richard Ellis Vietnam said in separate reports. The Ho Chi Minh City property market saw modest growth in the first quarter, with both [...]

Thu Thiem is yet to take root

Posted by vietnam on 21 Apr 2010 | Tagged as: Special Report

Thu Thiem is struggling to lure real estate developers despite improving infrastructure Ho Chi Minh City’s giant Thu Thiem new township has yet to become hot property. According to Thu Thiem management board, the 657-hectare site has welcomed just three foreign-invested projects despite more than 200 investors having visited the area. The licensed projects include [...]

Vietnam-Mexico trade turnover picks up

Posted by vietnam on 21 Apr 2010 | Tagged as: Special Report

Trade turnover between Vietnam and Mexico reached nearly US$720 million in 2009, an increase of 4.73 percent over 2008, announced the Secretariat of Finance and the Bank of Mexico on April 19. In particular, Vietnam’s exports to Mexico earned the country US$600 million, mostly worth of garments, footwear, seafood, printing-machines, sports equipment and wooden products. [...]

Bitexco to operate city’s tallest building in October

Posted by vietnam on 17 Apr 2010 | Tagged as: Special Report

The Bitexco Financial Tower in downtown HCMC rises high into the sky – Photo: Dinh Dung HCMC – Binh Minh Import Export Production and Trade Co., better known as Bitexco, says it will inaugurate the city’s tallest building in October, providing the market with more luxury office space at a prime location in the city. [...]

Tuna exports hit 80 mln USD in first quarter

Posted by vietnam on 17 Apr 2010 | Tagged as: Special Report

Tuna exports have grown strongly in the first quarter of the year, reaching 80 million USD, an increase of 170 percent over the same period last year. Vietnam Association of Seafood Exporters and Producers administration chief Nguyen Minh Tam quoted statistics as showing tuna exports to the US market have reached its highest level at [...]

Rice exports down in volume, up in price

Posted by vietnam on 11 Apr 2010 | Tagged as: Special Report

Rice exports in the first 3 months this year reached nearly 1.3 million tonnes, down by 18.54 percent compared to the same period in 2009 but rice export earnings showed an average increase of US$66.42 per tonne to reach US$460.84 per tonne. The figures were released at a meeting of the board of directors of [...]

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