Thursday, March 30, 2017 11:52:20 AM - Markets open
VN-INDEX 725.30 +4.83/+0.67%
HNX-INDEX 91.19 +0.52/+0.57%
UPCOM-INDEX 57.59 +0.29/+0.51%
Over 345 million USD in FDI poured into property sector
Source: VNA - 3/7/2017 10:16:08 AM
 (0 ratings. You must sign in to rate.)
Foreign direct investment flows into Vietnam’s real estate sector hit 345.5 million USD in February, accounting for 10.1 percent in total FDI poured into the country, increasing by 12 times year-on-year.

Real estate ranked first among sectors in FDI attraction during the period, with most projects developing industrial park infrastructure.

A project invested by the Vietnam Singapore IP Joint Venture Co., Ltd which covers 1,000 ha in the southern province of Binh Duong, was the biggest among the 11 FDI property projects in Vietnam in the period.

With the project, the third of its kind in Binh Duong, VSIP lifted its total number of IP projects in the country to seven.

Vietnam has attracted considerable FDI in IP infrastructure development and logistics from late 2016 thank to improved economic growth. The country is said to be one of the most promising markets in Asia Pacific.

As of December 31, 2016, Vietnam was home to 324 IPs, with 220 operational.

Vietnam’s property market will be able to witness recoveries in the year thanks to the increase in demand for apartment, office leasing space, hotel, and IP./.
Newer News
09:15 Vietnam’s growth slows down to 5.1 percent in Q1
09:10 CPI goes up 4.96 percent year-on-year in first quarter
09:06 Việt Nam, Japan ink MoU to boost tourism
08:50 Agro, forestry, fishery export value up by 7.6%
28/03 Vinacomin must shape up: Deputy PM
24/03 Local reform must be hastened: businesses
23/03 Việt Nam’s coffee price highest in six years
21/03 Wood glue quality to be more tightly controlled
21/03 Ministry denies rice licence costs $20,000
20/03 Steel prices set for slight rise
Older News
07/03 Gasoline prices slightly drop
07/03 Firms want hotline to Gov’t leaders
06/03 Cashless economy target too high: experts
03/03 Retail sales, services drop after Tết
02/03 VN industrial production lagging
02/03 Wood product exporters ready to expand global market share
02/03 Deputy PM wants more international integration
01/03 New lending regulations worry small firms
01/03 Double taxation avoidance pact with US approved
01/03 Slight rise in February CPI
 
Newsletter Signup
Top Stories
CPI goes up 4.96 percent year-on-year in first quarter
Slight rise in February CPI
Draft decree on State monopoly in trade submitted to Government
CPI ups 0.46% in January
CPI below 5% target
Market Update
Last updated at 11:31:23 AM
VN-INDEX 725.30 +4.83/+0.67%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.