The benchmark index will likely need more time to accumulate a better momentum before being able to break through the range of 940-943 points and advance in a short term. The existing drawback is due to the non-stop net-selling pressure from foreign investors. … [Read more...] about Market forecast to remain volatile next week
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Owners of Cocobay Da Nang condotels propose solution to profit problem Many owners of units at the Cocobay Da Nang condotel project have proposed to convert profits owed by Thanh Do Company into land or houses at Cocobay, according to a statement from Thanh Do. … [Read more...] about Will new legal document bring investors back to condotel market?
Its plants use modern assembly lines and technologies from Germany and Malaysia in closed processes, from cultivation and exploitation to processing. They all meet ISO 9001:2015 quality management, ISO 14001:2015 environment management and OHSAS 18001:2007 occupational health and safety management standards. … [Read more...] about Dorufoam expands exports to Russia, Europe, American markets
HCM City (VNA) – The interest rates were kept stable in the first six months of 2018 while the lending rates for priority fields have decreased. The information was revealed at a meeting to review the banking activities in the first half of 2018 in Ho Chi Minh City on June 13. State and commercial banks cut about 0.5 percent per year in interest rates for consumers with good credibility. At current, interest rates of short-term loans stand at 6-9 percent while those of mid- and long-term loans are about 9-11 percent. Those with high credibility and financial capability could enjoy rates of 4-5 percent per year. According to Vice Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong, to ensure the liquidity of credit organisations and stabilisation of the monetary and forex market, the central bank will focus on the flexible management of open market operations in line with market developments and available capital of credit organisations. The bank will make it … [Read more...] about Interest rates kept stable in first half of 2018
According to Le Hoang Chau, chairman of the association, the real estate market of the city is now in a difficult situation. These difficulties, however, are temporary and are not part of the normal course of events. "The reasons of these difficulties were the overlapping legal framework and the implementation of legal documentation at the grassroots levels,” Chau said. … [Read more...] about Ho Chi Minh City real estate developers urge solutions for breakthough