Despite all three indices being in the green, foreign investors net sold VND200 billion ($8.65 million) worth of stocks on all of them. Selling pressure was mostly on VHM of real estate developer Vinhomes, AGG of real estate developer An Gia Real Estate, and VNM of dairy giant Vinamilk. … [Read more...] about VN-Index continues recovery, but foreign investors net sellers
Attracting investors
Real estate market: big investors prefer M&A deals
Asia-Pacific investment volumes in real estate fall due to COVID-19 Asia Pacific’s commercial real estate market has felt the brunt of COVID-19 so far this year, with a sharp decline in investment volumes and rental prices across most major commercial asset classes, according to real estate services firm JLL. … [Read more...] about Real estate market: big investors prefer M&A deals
North-South expy project: Ministry says no to ineligible investors
The guarantee is equivalent to 1-3% of the contract’s value as regulated in the Law on Bidding. These requirements are in line with the Government’s Resolution 20/2018 aimed at addressing the inadequacies of previous build-operate-transfer projects and ensuring the projects will be implemented as scheduled and that only qualified investors participate in them. SGT … [Read more...] about North-South expy project: Ministry says no to ineligible investors
Khanh Hoa hotels utilised as quarantine facilities for foreigners
The department declared that it has recently been cooridnating with the provincial Department of Tourism and local police forces to convert 11 hotels into suitable medical isolation facilities used by foreigners, with charges being applied for their use. The foreigners using the sites largely consist of investors, experts, business managers, and skilled workers who have entered the country to work for diplomatic and official purposes. … [Read more...] about Khanh Hoa hotels utilised as quarantine facilities for foreigners
Foreign access urged for holiday property
Thailand successfully increased the number of returning visitors by raising foreign home ownership levels, and Piro believes Vietnam can trigger a similar effect by easing regulations to allow investors to own hospitality products such as condotels and villas, which would act as their holiday or second homes. … [Read more...] about Foreign access urged for holiday property
