Business » Real estate
Long An's infrastructure attracts real estate investors

Various residential apartment buildings and shopping centre projects are being planned and carried out in Long An thanks to infrastructure projects in and around the province.

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Affordable apartment project for workers planned

Workers at industrial zones will be able to own a 45-square-metre apartment at the price of VND270m (USD11,800), according to a non-profit project by the Vietnam Confederation of Labour.

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Experts explain high property prices in Vietnam

Property prices in Vietnam are around 25 higher than average incomes because of high land prices and land taxes.

 >>  Bridges projects boost land prices in Hanoi's eastern area
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Bridges projects boost land prices in Hanoi's eastern area

Land prices in the eastern area of Hanoi have sharply increased following the news of four planned bridges.

 >>  Hanoi plans USD1.72 billion to build four bridges
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Property ownership for foreigners extended to 99 years in special economic zones

Prime Minister Nguyen Xuan Phuc has ordered to increase the maximum years that foreigners are allowed to own a property in Vietnam from 50 to 99 years.

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Real estate booms around Long Thanh Airport project

Middlemen and real estate brokers are making false offers for houses and lands around Long Thanh Airport project, Dong Nai Province, to trick buyers.

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Experts warn about speculators promoting housing bubble

Several experts have warned about a possible real estate bubble burst after claims that investors are deliberately holding onto land plots to boost prices in HCM City.

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Hanoi, Danang and HCM City’s taxi associations have sent a joint petition to Prime Minister Nguyen Xuan Phuc, asking for him to intervene to guarantee a fair business environment.

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With credit growth accelerating in the first quarter, many commercial banks may become more demanding in selecting lending customers.

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State-owned groups and enterprises have brought back VNĐ6.84 trillion (US$301 million) to the State coffer during their divestment process in 2016, according to the Finance Ministry.

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Việt Nam has postponed a US$3-billion international bond issuance plan due to unfavourable conditions in the global finance and monetary market, the finance ministry said.

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Prime Minister Nguyen Xuan Phuc and the State Bank of Vietnam (SBV) had called for the rate cuts, before the PM took part in a dialogue with enterprises in HCM City on April 29.

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The Ministry of Finance has refused a local company’s proposal to provide tax incentives on the import of 20,000 electric taxis from French car-maker Renault.

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