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Property Speculators Take Second Look At Vietnam

Category: Real estate, Posted:04 Jan 2012 | 06:00 am

In what many term a real estate perfect storm, the current run of hyper-inflation is seeing the property hunters return to Vietnam.
What could have been called stress is now shifting into distress in some cases and the vultures are circling.
Double digit inflatation and bank lending rates closing in on 20%.
Prices had moved backwards and the underlying lack of liquidity is creating a situation where some developers simply have to sell.
Fundamentally many industry analysts believe Vietnam continues to have strong underlying fundamental but they are quick to point out it may be a medium to long term horizon

Other News

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C9 Hotelworks Releases Mid-Year Phuket Hotel Market 2023

Category: Hotels|Tourism, Posted:10 Sep 2023 | 15:42 pm In the first half of 2023, Phuket experienced a resurgence, signaling a promising path toward recovery. International and domestic flights both saw significant increases, accounting for 75% of the total flights in 2022. Airlines and travelers alike are eager to reengage with Phuket’s offerings. In terms of passenger arrivals, the first half of 2023 displayed […]
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The Green Minute – PHIST 2023

Category: Hotels, Posted:10 Sep 2023 | 14:11 pm For those of you who missed PHIST 2023 and those of you who did attend, please find a selection of video short Green Minutes from the event. Sustainability has to be a priority for the hotel and travel sectors and hopefully the ideas and messages here, give you your own inspiration to go green. PHIST […]
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TG’s Big Birds Set To Fly Phuket Bangkok Route Again

Category: Tourism, Posted:08 Sep 2023 | 16:14 pm One good indication of Phuket’s return to tourism recovery is airlift growth. Making news this week is Thai Airways International’s reported resumption of service on the high-traffic Phuket Bangkok route. The airline will start a once-daily right on 1st October 2023. Thai Smile (WE) will still operate other flights til the end of November when […]
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