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Nam Long looks for a bigger share

Nam Long looks for a bigger share

Vietnamese property developer Nam Long is banking on its newly-listed shares becoming blue chip items of desire. 

The Ho Chi Minh City-based group listed on the Ho Chi Minh Stock Exchange on April 8 with 95.5 million shares, coded NLG, amid gloomy stock and property markets. The starting price is VND27,000 ($1.3).

 

Green design to open doors

Green design to open doorsPresident Place office building in Ho Chi Minh City has already pre-leased half of its space ahead of its formal opening of April 10—a sign that "gr...

Foreigners to capitalise on poor property scene

Foreigners to capitalise on poor property sceneForeign developers can be expected to once again dominate the real estate transaction market in 2013, industry insiders claim. Luong Tri Thin, chair...

Vietnam property developers default on land-use fee

Vietnam property developers default on land-use feeMany property developers have been defaulting on land-use fees since 2011 amid the massive downturn in the housing market.  Tien Phong newspaper...

Slow reforms dog property firms

Slow reforms dog property firmsFrustration is growing among real estate developers who were expecting a faster deployment of Resolution 02/NQ-CP’s reforms designed to revive the l...

As prices fall, hopes rise for "buyers’ market"

As prices fall, hopes rise for Prices in Hanoi’s overstocked apartment-for-sale market have dropped some more in early 2013, with mid-level products asking in the range of VND15-1...

VN architect scoops American magazine gong

VN architect scoops American magazine gongVo Trong Nghia's Stacking Green House has been awarded Building of the Year 2012 by the American magazine Archdaily.  The Vietnamese achitect wa...

Getting real about Vietnam’s real estate

Getting real about Vietnam’s real estateLast year was seen as one of the most difficult years for Vietnam’s real estate market.  However, with many initiatives to address the market ...

Crystal murky on 2013 office market in south

Crystal murky on 2013 office market in southExperts in the office-for-lease market have offered conflicting forecasts about the Ho Chi Minh City market in 2013.  While CBRE and Savills exp...

Green House furthers UN reform in Vietnam

Green House furthers UN reform in VietnamThe United Nations in Vietnam held a ceremony to mark the start of construction on the Green One UN House in Hanoi on January 21.  The ceremony ...

Property firms hit the wall

Property firms hit the wallNearly 18,000 real estate and construction companies faced losses, went bankrupt or closed last year because of the challenging economic situation in ...
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