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VIETNAM BUSINESS NEWS MAY 17


VIETNAM BUSINESS NEWS MAY 17
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 17/05/2021
  
10:34
GMT+7
Stock market might not have more room to rise: experts
 
     
The Viet Nam National Petroleum Group (Petrolimex) s gasoline station. The company shares posted a gain of 8.1 per cent in market capitalisation last week. Photo petrolimex.com.vn
 
 
 The market hit new highs last week with the liquidity exceeding VND1 billion each session. Analysts from securities firms expect strong and stable investment cash flows will continue to elevate the market this week, but it might not have more room to rise higher. ....

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Domestic office market sees difference in demand of foreign tenants

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VIETNAM BUSINESS NEWS MAY 15


VIETNAM BUSINESS NEWS MAY 15
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 15/05/2021
  
14:55
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Pork imports from Russia soar ten-fold
Pork imports from Russia surged over 1,000% in the first quarter of this year, making Russia the biggest supplier of pork to Vietnam, according to the General Department of Vietnam Customs.
Data of the department showed that in the first three months of 2021, Vietnam imported 16,550 tons of pork worth US$44.85 million from Russia, soaring 1,116% in volume and 1,002% in value compared with the same period last year.
In total, the country imported 169,290 tons of meat of all kinds worth US$337.18 million in the first quarter, rising 0.5% in volume and 22.4% in value year-on-year. ....

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Hanoi's office market increasingly attractive to foreign tenants: Savills Hanoi


Hanoi’s office market increasingly attractive to foreign tenants: Savills Hanoi
16:08 | 14/05/2021
Illustrative image (Photo: VNA)
Hanoi - Hanoi’s office market is said to be more attractive than its counterparts in other Southeast Asian cities and even in the Asia-Pacific region because of cheaper rentals and greater supply, according to real estate consultants Savills Hanoi.
It is also believed to possess the factors necessary for it to develop further in the future.
According to the director of Savills Hanoi, Matthew Powell, Vietnam is a target market of multinational companies, especially those operating in technology, financial services, and life insurance.
Hoang Nguyet Minh, commercial leasing director at Savills Hanoi, said the capital welcomed three Grade A office projects in the fourth quarter of 2020 and the first quarter in 2021 - Capital Place, with 93,000 sq m, Thaiholdings Tower with 23,000 sq m, and ....

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Frantic interest not reflecting land value


Frantic interest not reflecting land value
08:00 | 29/04/2021
Vietnam’s real estate has been at the forefront of attention in recent times with wild increases in land prices and plans outlined to rezone major cities. Hoang Nguyet Minh, director of Commercial Leasing for Savills in Hanoi, told VIR’s Hoang Oanh about the impact of the land price hike on attracting foreign investment in the real estate market in the capital.
Hoang Nguyet Minh, director of Commercial Leasing for Savills in Hanoi
Recently, Hanoi issued some planning projects at the same time that land prices in some surrounding areas soared. Is there any connection between that and the rental price of office space and industrial land for lease? ....

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