REAL ESTATE LOANS REMAIN HIGH IN SOME BANKS
Real estate lending continued to remain high at more than 10 per cent of the total outstanding loans in several banks. Online news portal Bizlive.vn reported that the top five banks recording a high proportion of real estate lending by the end of last year were Sacombank, 17.6 per cent; Techcombank, 12.6 per cent; LienVietPostBank, 11.6 per cent; Kienlongbank, 10.1 per cent and VPBank, 8.5 per cent.
BANKS CUT DEPOSIT RATES
Many banks have slashed deposit interest rates by 20-40 basis points given their ample liquidity, Tien Phong newspaper reports. Vietnam Prosperity Commercial Bank (VPBank) has lowered rates by 20 basis points for deposits of less than six months, 30 basis points for six- and seven-month tenors, and 40 basis points for savings of between eight and 11 months. This is the third deposit rate cut of VPBank in two months.
LOGISTICS SECTOR STRUGGLING TO MEET DEMANDS OF E-COMMERCE
The e-commerce sector in Việt Nam has seen remarkable growth in recent years, but a lack of uniformity in delivery and payment methods may lead to many businesses missing opportunities.
EDUCATION AND HEALTHCARE AMONG PRIORITY FDI SECTORS IN 2018-2030
New-generation FDI attraction for 2018-2030 will focus on education and healthcare, the sectors making the most added value, in addition to financial services, metal forging & chemistry, hi-tech equipment, logistics, and pharmaceutical.
AVCJ VIETNAM FORUM 2018
Attending the AVCJ Vietnam Forum in May aims to provide attendees with insights to Vietnam’s emerging private markets opportunity. Register now to find out the latest on deal sourcing, exit opportunities and the fundraising market, whilst networking with a host of LPs from across the globe.
13TH ANNUAL CSR GOLF OPEN
If you haven't already registered your team, don't miss early registration for CanCham's 13th Annual CSR Golf Open. Proceeds fund CanCham's CSR initiatives in Vietnam including an ongoing pediatric oncology program.
HANOI PROPERTY MARKET OUTLOOK
What’s the big next trend in the property market? The real estate market has been a hot topic for the first three months of 2018. What’s the next big trend in the property market? The real estate market has been a hot topic during the first three months of 2018. JLL and Baker McKenzie will provide market updates, key trends and predictions, and more, followed by an in-depth discussion. Our local and international experts will provide their perspectives on some of the key drivers in the real estate market in 2018.
REAL ESTATE MARKET DEVELOPMENT DRIVEN BY REPUTATION
Top names among the Top 10 Reputable Property Developers recently announced by Vietnam Report include Vingroup and Novaland. Over the past few years, Vingroup has become a leading real estate developer with a wide range of products ranging from home, office, condominium to shophouse, condotel, and office. Meanwhile, Novaland has been standing firm in the south market with financial strength and large land fund.
