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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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Phuket’s Message To The World Welcome Back Home

Category: Tourism, Posted:24 Jun 2021 | 12:06 pm Tourism eyes around the world are focused on a resort island in Thailand next week for the reopening of international, vaccinated travel to the Phuket Sandbox. A key emerging storyline from the island’s frenzied runaway to 1st July has been the remarkable cross sector partnerships that has become a true catalyst of change. Phuket’s private […]
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Booze Is Back In Phuket Restaurants

Category: Tourism, Posted:23 Jun 2021 | 08:21 am Good news in the lead up to the Sandbox, the alcohol ban in island restaurants has been lifted. Alcohol can now be served in eateries until 23:00 daily. Pubs and entertainment venues are still closed for the moment. Special events up to 200 people are allowed. Expect more reforms on restrictions in the days leading […]
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More Than One Sandbox? WTF

Category: Tourism, Posted:22 Jun 2021 | 06:00 am Yes, nine days to go to the Phuket Sandbox and things are slowly becoming more clear. Baby steps and the island is getting ready despite waiting for the final set of rules and regulations. For now, it’s coming and we simply can’t wait. Meanwhile in Phuket: Catch the latest Thai Road Trip episode from Delivering […]