In terms of pay cuts, the banking sector topped with 70 percent of banks cutting salaries. Sixty percent reduced salaries by 20 percent while 10 percent cut them by 21-40 percent. Media companies were second (69 percent) followed by supply chain/logistics (61 percent). … [Read more...] about Real estate companies top worker layoff list amid Covid-19 woes
Real estate
Industrial property proves most resilient to COVID-19
Vietnam emerges as popular industrial property destination: CBRE Vietnam has emerged as a popular destination for industrial property projects as increased labour costs, trade disputes and COVID-19 prompt global manufacturers to vary their supply chains throughout Asia, according to CBRE. … [Read more...] about Industrial property proves most resilient to COVID-19
Singaporean imprint in the Vietnamese property market
CapitaLand meanwhile has been one of the leading property developers here for a quarter of a century. Today, CapitaLand’s residential portfolio in Vietnam comprises close to 8,600 quality homes across 15 residential developments in Hanoi and Ho Chi Minh City. The growth of its portfolio in Vietnam will continue to be driven by CapitaLand’s lodging business unit, The Ascott Limited. In Vietnam, Ascott has close to 7,000 lodging units across 27 properties. … [Read more...] about Singaporean imprint in the Vietnamese property market
ASEAN’s investment contributes significantlly to Vietnam’s economic development
Ciputra Group (Indonesia) has been implementing many projects in Vietnam, including Nam Thang Long Urban Area Ciputra Hanoi (1996) - the first large-scale real estate project in Vietnam. It’s considered as one of the most modern closed urban areas in Hanoi, with an initial registered investment capital of 2.1 billion USD. In photo: Prime Minister Nguyen Xuan Phuc receives President of Ciputra Group, Budiarsa Sastrawinata, during the Prime Minister’s visit to Indonesia, October 12, 2018 (Photo: VNA) … [Read more...] about ASEAN’s investment contributes significantlly to Vietnam’s economic development
Frasers Property raises awareness about community blood donation
The event was organised by Frasers Property Vietnam, a multinational owner-operator-developer of real estate products and services, in collaboration with the Viet Nam Red Cross Society. It attracted building tenants at the Me Linh Point Tower, including family and friends of many office executives. … [Read more...] about Frasers Property raises awareness about community blood donation
