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Koreans eye Thailand to cut China risk

South Korean companies are keen to invest in Thailand, particularly the Eastern Economic Corridor (EEC), and making the country their production hub for the Asean and Asian regions, according to the Korea Trade-Investment Promotion Agency (Kotra). Kotra deputy director-general Kim Nam-Wook said many South Korean companies are keen to move out of China to get […]

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Vietnam: Home sales slowdown in September in major cities

HANOI – Home sales have slowed down significantly in September due to Vietnamese people’s psychology of avoiding buying property assets in July of the Lunar Calendar also called the Month of Lonely Spirits. According to the Housing and Real Estate Market Management Department under the Ministry of Construction, initial reports of several property and real estate trading centres, there were […]

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Vietnam: FDI grows 34% from last year

HANOI — Foreign direct investment (FDI) registered in Vietnam reached a record US$25.48 billion in the first nine months of this year, up 34.3 per cent year-on-year. Of the sum, $14.56 billion came from 1,844 new projects, up 30.4 per cent year-on-year, according to the latest report from the Ministry of Planning and Investment’s Foreign […]

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Singapore: Completed condo prices in August see first year-on-year rise since October 2013

SINGAPORE – Prices of completed non-landed private homes in August rose for the first time in nearly four years on a year-on-year basis, according to flash estimates released by the National University of Singapore’s Institute of Real Estate Studies on Thursday (Sept 28). Its Singapore Residential Price Index (SRPI) showed prices of these completed properties, […]

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Vietnam getting more competitive

HANOI — The World Economic Forum’s latest global competitiveness list, released on Wednesday, ranked Vietnam 55th overall, up five places from last year and 20 from five years ago. The Global Competitiveness Report 2017-18 said the country had made notable improvements in all sectors, notably among the basic requirement factors (75th out of 137), including […]

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