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Lower interest rates boost real estate market

Lower interest rates boost real estate market

Since the State Bank of Vietnam started to lower the interest rate early this year, many banks have also lowered their lending rates, fueling the real estate market.

BIDV set their annual interest rate at 16 per cent, with maximum term of 15 years on loans customers who buy homes in the My Dinh urban area, while MB Bank has been loaning at 15 per cent per year terms of 10-20 years.

 

Property firms still face difficulties

Property firms still face difficultiesReal estate firms are still facing significant obstacles in accessing loans despite recent government efforts to ease conditions and improve the busin...

Property sector coming back to life

Property sector coming back to lifeLower lending rates and a loosened valve for property credit are thawing out property projects. The second phase of 264 hectare state-of-the art urb...

Property looks for vital signs of life

Property looks for vital signs of lifeThe under pressure property market is still attempting to dig itself out of a hole. Pacific Property and Infrastructure Development Joint Stock Comp...

Road allows growth to travel to Thai Nguyen

Road allows growth to travel to Thai NguyenPrivate domestic SVA Financial Group last weekend broke ground on the Dan-Nui Coc Lake road to offer a lifeline to northern Thai Nguyen province. The...

High-tech green building to open doors

High-tech green building to open doorsHo Chi Minh City’s first LEED certified-green office building will officially open to tenants in August. The date was revealed by David Clarkin, g...

Global feel for local developments

Global feel for local developmentsScores of foreign architecture firms are flooding Vietnam to tap into potentially giant real estate projects and open-minded developers. Famous comp...

Property firms more cautious in business plans

Property firms more cautious in business plansThe decline in business results and persistent tough conditions have made property firms become cautious of this year’s business targets by narrowin...

Ritz Carlton hotel to be opened in HCMC

Ritz Carlton hotel to be opened in HCMCVisitors to the southern hub will be able to indulge in the luxury of the Ritz Carlton Hotel as the giant hotel group is planning to open an internati...

Bargains in Hanoi’s Property Market

Bargains in Hanoi’s Property MarketExperts set eyes on Hanoi’s villa and housing market in the first quarter of 2012. Savills Vietnam’s 2012 first quarter property market report s...

Hanoi seeks VND161 trillion for trade development

Hanoi seeks VND161 trillion for trade developmentHanoi  is seeking over VND161 trillion of investment to convert itself into a national and regional big trade center. This is part of the Hanoi...
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