HCMC approves Thu Thiem land auction plan
The Ho Chi Minh City People's Committee has approved a plan to auction land plots in Thu Duc city’s Thu Thiem area, Huynh Van Thanh, deputy director of the municipal Department of Natural Resources and Environment, said Sunday.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
‘Golden land’ on Quy Nhon beach to go under the hammer this month
A prime land lot next to Quy Nhon beach in the south central province of Binh Dinh will have its land use rights auctioned on October 28.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Danang struggles to find investors for major industrial park projects
Vietnam's central city of Danang has been searching for investors to build infrastructure at three major industrial parks for almost three years.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Sacombank tries to offload debts in HCMC industrial park for fifth time
Sacombank has announced the auction of 18 debts secured by assets in the Phong Phu Industrial Park, Ho Chi Minh City, for the fifth time.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
PV GAS to sell entire PV PIPE stake
PetroVietnam Gas Joint Stock Corporation (PV GAS) plans to organise an auction on August 30 for its entire stake in PetroVietnam Steel Pipe Joint Stock Company (PV PIPE).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
State Bank approves Petrolimex's divestment from PG Bank
The State Bank of Vietnam has allowed Petrolimex to divest its entire 40% stake, or 120 million shares, in private creditor PG Bank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Abandoned auctions push up land prices: legislators
Businesses abandoning auctions have caused negative social impacts, including escalating land prices, the National Assembly's Economic Committee stated Tuesday.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bids for Thu Thiem land harm real estate companies
The auction of some prime land plots in Ho Chi Minh City’s Thu Thiem new urban area last December, with winning prices up to seven times higher than the starting price, have caused serious harm to realty firms in southern Vietnam.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ministry mulls over auctions to replace FiTs for renewables projects
Wind and solar power projects that miss the commercial operation deadline to enjoy feed-in-tariffs in Vietnam will shift to an auction system, the Ministry of Industry and Trade has proposed.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Developer Tan Hoang Minh Group chairman arrested
Do Anh Dung, Chairman of property developer Tan Hoang Minh Group, was detained by investigative police on Tuesday for allegedly “defrauding to appropriate property”.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
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With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
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Berjaya Vietnam CEO and his business portfolio
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