“While this may provide some additional clarification for issuing a form of asset ownership and transfer for the resort developer, it should provide more comfort to prospective buyers as it does not bring these non-residential condotels under the governance of the residential housing laws,” Hawkins analysed. “This means that condotel resort owners would have little voice in the decisions regarding the common areas of the property, such as pools, gyms, and parking lots, which typically attract buyers to invest in the property in the first place.” … [Read more...] about Brighter condotel future set for both investors and buyers
New incentives for car buyers
Hanoi (VNA) - Truong Hai Auto Corporation, or THACO, has exported 40 Kia Grand Carnival cars to Thailand. The vehicles, which have 2.2L diesel engines, were manufactured at the THACO Kia Plant in the THACO Chu Lai Industry Park in Quang Nam province. This is THACO’s first shipment to the market, the first step in its goal to exporting more than 1,600 vehicles for 50 million USD this year. Yontrakit Kia Motor Co., Ltd, headquartered in Bangkok, an authorised importer and distributor of Kia passenger vehicles in Thailand, is the importer. The cars were loaded on the ship at Cat Lai port in HCM City. Kia Grand Carnival (known as Kia Sedona in the Vietnamese market), has unique and sophisticated design, modern features, comfort, and a spacious interior with 11 seats, and right hand drive to meet Thai traffic laws. In addition, with its outstanding performance and exciting driving experience, Kia Grand Carnival can well serve the needs of Thai customers. Many components used in … [Read more...] about THACO ships first Kia Grand Carnival cars to Thailand
Last year, the number of banks and real estate enterprises that issued bonds to attract capital accounted for a large proportion of the market. In January this year alone, real estate companies lured more than 50 percent of the total amount of money mobilized in the bond market. In recent years, many large real estate companies have a capital value of tens of trillions of Vietnamese dong but their stock prices have dropped to below VND10,000 per share. Now, banking stocks have been experiencing the same situation. For instance, Saigon Hanoi Commercial Bank stocks (SHB) were below par value although its pre-tax profit exceeded VND3 trillion last year. Similarly, the price of Kien Long Bank’s stocks (KLB) also hovered at its IPO value. Even the price of Lien Viet Post Bank’s stocks (LPB) was merely above VND7,000 per share. When the stock prices plummet heavily, it means that the capital mobilization channel in the stock market is no longer attractive. Banks cannot issue … [Read more...] about Enterprises race to mobilize capital from corporate bonds
As for Hoai, she cannot do anything but wait for the storm to pass. Waking up in the middle of the night on February 23 after her son’s late night supper, she checked her phone to see the number of deaths and diagnosed cases in the country. She has printed her son’s daily schedule for her family just in case she becomes infected herself. … [Read more...] about Vietnamese in South Korea face dilemma: stay put or bail out?