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Sep 19th
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Property’s foreign SOS

Property’s foreign SOS

Debate over a proposal to allow foreign credit institutions in Vietnam to back real estate mortgages is intensifying. 

National Assembly members are weighing the costs and benefits of creating a new channel for foreign capital. Accordingly, under the draft amended Land Law, land users are allowed to mortgage their land-use rights or the properties developed on the land at foreign credit institutions in Vietnam. 

The existing Land Law does not allow such a kind of mortgages. This restriction narrows the ability to mobilise foreign capital into the country.

 
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Japan keen to increase investment in Vietnam

Japan keen to increase investment in VietnamAn economic delegation from the Japan Chamber of Commerce and Industry (JCCI) will visit Vietnam from September 23-26 to look for investment and coope...
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Local firm replaces Daewoo in resettlement project

Local firm replaces Daewoo in resettlement projectHo Chi Minh City’s government has agreed to a local joint venture replacing Daewoo Binh Khanh Investment Co. in the Binh Khanh resettlement housing ...
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Lotte Hanoi reaches for the sky

Lotte Hanoi reaches for the skyThe Lotte Hanoi Centre is one of the few projects which is on right track amid the property market gloom.  Lee Jong Kook, general director of Lo...
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Atkins' winning engineering at the London 2012 Games

Atkins' winning engineering at the London 2012 GamesWith the Olympics over and the Paralympic Games now underway, we look at a different kind of winning performance at the London 2012 Games. British com...
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Hanoi makes commune planning in new countryside construction

Hanoi makes commune planning in new countryside constructionPlanning has played an important role in the new countryside construction and served as a prerequisite for implementing 19 criteria to positive and co...
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Southern property firms keep heads above water

Southern property firms keep heads above waterSeveral Ho Chi Minh City firms have withstood property market current plight due to a flexible approach.  In the recent past, some property deve...
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Flamingo Resort rolls out landmark promotion

Flamingo Resort rolls out landmark promotionThe Flamingo Dai Lai Resort has launched a charm offensive to woo customers with free land rentals for customers who buy its villas. This is the fir...
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A golden central attraction

A golden central attractionA picturesque landscape and rich history is making the central region a golden land to second-home villa investors. International property group Bany...
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Capital property deals on offer

Capital property deals on offerMore Hanoi-based property projects are offering competitively priced housing projects. Strenuous efforts from property developers in sharing bank in...
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High rise spats set to be a thing of the past

High rise spats set to be a thing of the pastHanoi high-rise apartment developers are set to enjoy market rate service fees. Hanoi People’s Committee last week told the Ministry of Constructi...
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