With the way liquidity has been plunging in Vietnam’s property market, it could experience a recession next year, says Le Hoang Chau, chairman of the Ho Chi Minh City Real Estate Association (HoREA).
Vietnam’s builder No Va Land faces cash crunch: Sources
The distress signals come amid turmoil in Vietnam’s property and credit market, heightened by the arrests of bosses of suspected of wrongdoing and a rapid fall in the value of the dong currency, after …
Credit Crunch Rocks Vietnam’s No. 2 Developer as Woes Spread
Vietnam’s second-largest listed developer has become the latest property firm faced with liquidity constraints amid a widening regulatory probe and credit crunch. Shares and bonds of No Va Land …
Shares in Vietnam’s No Va Land extend fall on real estate sector woes
Shares in Vietnam’s second-biggest real estate firm, No Va Land, extended falls on Wednesday to hit the lowest level since April, 2021, after industry sources said there had not yet been a …
Spruced Goose: Vietnam-era Huey helicopter restored, return to Little Rock perch
On a mild, picture-perfect autumn morning in west Little Rock, a Huey helicopter’s skids cleared the ground, and she slowly rose skyward. Bystanders stood in rapt attention to see the massive rotors …
Property market faces liquidity, other severe problems: HoREA
The property market is “struggling and risks falling into a slump,” Le Hoang Chau, chairman of the Ho Chi Minh City Real Estate Association, has warned.
SBP exempt from paying property tax in Cantt areas, LHC rules
Justice Jawad Hassan issued the ruling allowing a petition of the SBP challenging the levy of property tax by the Chaklala Cantonment Board, Rawalpindi and seeking an exemption under Section 99 (2) …
Asian property debt woes worsen as Indonesia shows more distress
The bonds of Indonesian property companies are slumping, adding to signs of property debt distress that’s been deepening in China, South Korea and Vietnam.Agung Podomoro’s 2024 dollar bond extended …
Homes worth Rs 2,237 cr registered in October 2022: Knight Frank India
The weighted average prices of transacted residential properties as per the registration data has grown by 12% YoY in October 2022. Sangareddy district saw the steepest rise of 37% YoY in October 2022 …
Wynn Resorts slips after Macau weighs on results again
Wynn Resorts (WYNN) traded lower in late action on Wednesday after reporting Q3 EPS below expectations. Read more.