The average rent for serviced apartment units now is ranging around $35 and $28 per square metre for grade A and B apartments respectively. By 2022, 1,500 new units will enter in response to the growing demand for long-term stays, which is mostly generated by increasingly favourable visa policies and an influx of foreign investment. … [Read more...] about Service apartment show stable development in the real estate market
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The government has ordered "non-essential" businesses like massage parlors, karaoke bars, tourist and amusement sites, movie theaters, beauty salons, beer shops, restaurants, and eateries to be closed until April 15, saying the country was entering a critical two-week stage in its Covid-19 fight. … [Read more...] about Vietnam approves $2.6 billion support package for Covid-19 crisis victims
It also has one completely dominant political party and a compliant media, but Prof Dale says even with "clear, crisp messaging to a community that trusts the government" he is concerned that "the average Singaporean still isn't quite grasping the importance of their individual role". … [Read more...] about Coronavirus: Should the world worry about Singapore’s virus surge?
Particularly, Vietnam began a 14-day nationwide social distancing from 1 April, resulting in the suspension of the construction of residential, commercial, and hospitality projects in big cities. In fact, domestic sales of cement recorded an on-year decline by 5 per cent while the total clinker and cement export volume reached 6.6 million tonnes for the first three months of 2020, posting a sharp decrease by 17 per cent compared to the same period last year. … [Read more...] about Vietnam’s cement market continues with slow growth amid COVID-19 pandemic
A spokesperson for THACO said America is a challenging but lucrative market that the company has been seeking to enter. After careful research, THACO met and discussed the co-operation strategy with PITTS Enterprises, one of the 15 largest manufacturers of semi-trailers in North America with a history of more than 100 years. … [Read more...] about THACO to export semi-trailers to demanding US market