Business

Only 110 townhouses and villas were sold in Hanoi in the second quarter, down 40% from the first, according to property consultancy Savills. The absorption rate for new units was 48%, down 15 points quarter-on-quarter and 3 points from a year ago, it said in a recent report. Over 600 …

Chen Zhuolin, chairman and founder of the Chinese property developer Agile Group Holdings, sold a three-bedroom Hong Kong flat for HK$14.3 million (US$1.83 million), representing a 54% reduction from its original price. Buildings and trees near the ocean in Hong Kong. Illustration photo by Pexels According to the South China …

The Vietnam Association of Realtors wants people who have two children to get financial support to buy social housing as an incentive to reverse the country’s declining birth rates. Rising property prices have caused many young Vietnamese to embrace the “double income, no kids” lifestyle, it said in a note. …

Rhenus Group Appoints Gilles Delarue as New Chief Financial Officer and Member of the Management Board SINGAPORE – Media OutReach Newswire – 14 August 2024 – The Supervisory Board of the Rhenus Group has appointed Gilles Delarue as the new Chief Financial Officer (CFO) and member of the Management Board, …

Singapore Sports Hub Clinches ‘Unsung Hero’ title on the Global Stage Singapore National Stadium Venue Operations Team wins the ‘Unsung Hero’ Award at TheStadiumBusiness Awards 2024. It bested six international contenders and stands as the only venue in Asia to receive an award. SINGAPORE – Media OutReach Newswire – 14 …

Unburdened by the Past: VinFast and the Emergence of Pure-Play EVs The automotive industry is rapidly evolving, and pure-play EV companies are at the forefront of this change, championing a sustainable future. Unlike traditional automakers who may turn to hybrid models, these companies are fully committed to electric vehicles, driving …

CapitaLand Development has announced the development of The Senique Hanoi with a projected gross development value of over SGD600 million (US$455.3 million), following Lumi Hanoi’s successful Phase 1 and Phase 2. The facade of Lumi Hanoi in the western part of the city has seen strong demand, with about 97% …

Việt Nam Association of Real Estate Brokers (VARS) has proposed that two children families are given a priority when buying homes at social housing projects, in order to encourage marriage before the age of 30 and increase the birth rate. A housing projects for workers developed by Viglacera in the …

The application was received on June 24 and the notice of initiation was issued on August 8. The applicant is the European Steel Association and the product under investigation is hot-rolled steel.   A worker transports hot-rolled steel. — VNA/VNS Photo HÀ NỘI — The European Commission (EC) has recently …

Startup Island TAIWAN led 18 of the country’s most innovative startups in co-hosting the Taiwan Tech Solution Day at the Vietnam National Innovation Centre (NIC) in Hà Nội on August 13. Startup Island TAIWAN director Allen John Ku speaks at the Taiwan Tech Solution Day at the Vietnam National Innovation …