Business line

Savills launches property trading floor

The real estate service provider Savills Vietnam has launched a trading floor in the capital city of Hanoi after getting a license late last month, becoming the first foreign-owned firm in Vietnam to receive a nationwide trading floor license.

Spanish firm sets up branch in town

Spanish-based company Global Architecture Local Office, better known as Galo Architects, yesterday launched a branch office in HCMC, officially marking its presence in the market with services of architecture and town planning.

Construction begins on Romana Phan Thiet Plaza

Romana Group recently began construction on the Romana Phan Thiet Plaza in Phan Thiet.

Phu My Hung sells 90 percent of Riverside Residence condos

The Phu My Hung Corporation said it has sold more than 90 percent of the units in Building C of its Riverside Residence project in Ho Chi Minh City's District 7. In total, 544 units of the five Riverside Residence apartment buildings have now been sold, or nearly 90 percent.

Chinese home prices 'to fall later this year'

House prices are expected to fall later this year following a drop in sales, according to the Blue Book of Real Estate 2009 released by the Chinese Academy of Social Sciences (CASS) on Thursday.