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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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Go Ahead. Get Your Ya-Ya’s Out

Category: Tourism, Posted:17 Jan 2021 | 06:00 am Close your eyes. Go ahead. Remember a time when you were young. The magic as a kid, taking blankets, sheets, or even boxes and creating a fantastical tent or unique crazed getaway in the house. Letting your imagination go wild and take you on a journey to incredible places. Or pitching a tent in the […]
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Is Thailand Ready For Legalized Gambling?

Category: Tourism, Posted:16 Jan 2021 | 13:38 pm Topping Thailand’s economic news are comments by the Prime Minister that he is willing to consider opening up gambling, according to the Bangkok Post. With the Thai economy struggling at funding an economic recovery process that has been under extreme duress by Covid-19, the question now will the pandemic be an accelerator of a long-lasting […]
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Phuket’s World Class Creative Mad Metal Men

Category: Tourism, Posted:15 Jan 2021 | 09:15 am The Underwood Art Factory with its crazy, cool, innovative metal sculptures and fabrication is one of the island’s best global exports to some of the leading design hotels around the globe. Founder John Underwood’s long-term work with renowned design guru Bill Bensley has seen his work showcased in countless iconic locations and properties. The Underwood […]