Bonded roofing long beach

As the State Bank of Vietnam (SBV) has ordered tight control over real estate loans by credit institutions, property firms and developers have to seek alternative ways to raise their capital. Real estate firms must seek alternative ways to raise their capital as the State Bank of Vietnam (SBV) has ordered tight control over real estate loans.  The central bank increased the risk weighting of real estate loans from 200 percent to 250 percent in 2019, which is a significant disincentive for banks to make loans to the property sector since their minimum capital requirement is a ratio of their risk-weighted assets under the Basel norms. Meanwhile, the SBV’s regulation on reducing the maximum quantum of short-term deposits that can be used for medium- and long-term loans from 45 percent to 40 percent will reduce banks’ liquidity. To that end, realty enterprises need to count on other source, especially when the interest rate risks are high. Phat Dat Real Estate … [Read more...] about Vietnam real estate firms issue bonds to raise capital

Other News Local G-bond market value reaches over 25% of GDP The Saigon Times Daily Wednesday,  Dec 11, 2019,16:02 (GMT+7) Local G-bond market value reaches over 25% of GDPThe Saigon Times Daily Some G-bond notes issued by the Ministry of Finance. The size of the local G-bond market is equal to 25.1% of the country’s GDP – PHOTO: TL HCMC - The size of the local Government bond (G-bond) market by the end of last month was equal to 25.1% of the country’s gross domestic product in 2019, marking a 12-fold increase over 2009, stated Phan Thi Thu Hien, director of the Ministry of Finance’s Department of Banking and Financial Institutions. At a conference on the 10-year development of the G-bond market, held in Hanoi on December 10, Hien noted that the local G-bond market has developed significantly in terms of size and liquidity and has played an important role in capital mobilization, news site … [Read more...] about Local G-bond market value reaches over 25% of GDP

Khang Dien, Phat Dat, Dat Xanh and Nam Long are the most powerful realtors thanks to their big capitalization value. There are only four names among real estate firms which have capitalization value of between $300 million and $1 billion. There are only four names among real estate firms which have capitalization value of between $300 million and $1 billion. In addition to Binh Duong and Dong Nai, Long An province is now considered a new choice for industrial real estate investors. Linh Ha  Thanh Thanh Cong Investment to buy 16 mln shares of Sai Gon Thuong Tin Real Estate Thanh Thanh Cong Investment JSC is to buy more than 16 million shares of Sai Gon Thuong Tin Real Estate JSC (SCR), equivalent to 4.7 percent of the company’s outstanding shares. VN real estate firms issue bonds again There are two typical characteristics of the real estate firms’ race to issue bonds – the high amount of bonds issued and the high interest rates. … [Read more...] about The big four in Vietnam’s real estate market

The academy’s two stadiums in Ho Chi Minh City and a center in Bangkok opened their first training course in April, last year.  Doan Hoang Son, a former captain of the Vietnamese Olympic Team, used to play for Dong Tam Long An and Hanoi T&T. Apisit Kaikaew was a striker for Binh Dinh in 2002 and 2003 and then played for An Giang in Vietnam’s first-class League. Apisit is a former national player of Thailand and played alongside the iconic Kiatisuk Senamuang.  Son and Apisit quickly became friends through their passion for soccer. After his retirement as a player, Son wanted to do something to help more Vietnamese children play football. Visiting his friend, who was then assistant to the chief coach of Thailand’s National Football Team, Son was taken to many training institutions. Both were struck with the idea of establishing a soccer training center for Vietnamese and Thai kids, in which they could be trainers.  Son said “I … [Read more...] about S&A Academy forge friendship between Vietnamese and Thai footballers

A favourite venue for international luxury wedding events, Sheraton Grand Danang Resort is firmly marked on the destination map for Vietnamese resort tourism The wedding, organised for two super-rich Indian families, required particular security features as all information was kept secret and the media barred. The wedding was the biggest in Danang in terms of guests, with 700 people from India’s higher class staying at Sheraton Grand Danang resort, 180 people on hand to serve as the wedding’s event team and F&B team, 45 Indian artists, and the 300 resort staff serving the festivities over the three days. With flexible and thoughtful organisation, Sheraton Grand Danang Resort delivered the wedding flawlessly, while demonstrating that Danang and Vietnam as a whole are capable of pleasing any guest in the world. The three-day wedding consisted of a total of 10 main and sub parties. Parties were staged featuring impressive ideas and unique decoration, with the Vietnamese … [Read more...] about Mysterious wedding of super-rich held at Sheraton Grand Danang Resort