Credit crunch chokes real estate sector
As the tightening of lending and corporate bond issues is hitting the property sector, the market is doomed to grapple with severe financial hardships.
Stay updated with breaking news from Ha Do Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
As the tightening of lending and corporate bond issues is hitting the property sector, the market is doomed to grapple with severe financial hardships.
The government has chosen wind power and renewable energy in general to implement global commitments by 2050. But this is not expected to be a smooth path for a developing country like Vietnam.
A mass of applications to develop wind power farms have been sent to Lang Son People’s Committee and Lang Son Department of Industry and Trade.
According to statistics from January last year to January this year, stocks of renewable energy companies all grew significantly, Truong Thanh Energy and Real Estate JSC (TEG) grew 175.59 percent, Licogi 13 JSC (LIG) rose 167.21 percent, Gelex Group JSC (GEX) gained 163.28 percent, Fecon JSC (FCN) increased 142.02 percent, Bamboo Capital Joint Stock Company (BCG) rose 141.22 percent."There are a few reasons why renewable energy stocks have risen sharply in recent times, such as predictions that this power source will account for the largest proportion in the total capacity of Vietnam'...
Impressive growth seen across real estate 09:00 | 01/01/2021 While the pandemic has affected nearly every business, Vietnamâs real estate sector has seen significant movements throughout the year. Dr. Vu Dinh Anh, economist at the Ministry of Financeâs Price Market Research Institute, presents a detailed analysis of the yearâs happenings as well as a brief outlook for 2021. Dr. Vu Dinh Anh, economist at the Ministry of Financeâs Price Market Research Institute Successful real estate businesses across Vietnam can continue their growth momentu...