Articles worth reading
Image : Ferocity of Kirkuk attack points to tough fight for Mosul

Ferocity of Kirkuk attack points to tough fight for Mosul

person Orange Themes access_time Oct 24,2016

By Babak Dehghanpisheh and Michael Georgy KIRKUK, Iraq (Reuters) - At least 100 fighters sneaked into Kirkuk in the early hours of Friday with machine guns, rocket propelled grenades, suicide vests and a message: "Islamic State has taken over." The

Image : Ricky Martin Engaged To Artist Jwan Yosef

Ricky Martin Engaged To Artist Jwan Yosef

person Orange Themes access_time Nov 17,2016

Jwan Yosef Ricky Martin Engaged To Artist Jwan Yosef The 44-year-old singer took a break from his “One World” tour Wednesday to share the news on Ellen DeGeneres' talk show. Martin said he recently proposed to conceptual artist Jwan Yosef, whom he

Image : Vietnam’s top ten 2016 exports

Vietnam’s top ten 2016 exports

person Orange Themes access_time Feb 03,2017

Vietnamnet - Viet Nam’s top ten products in terms of 2016 export turnover accounted for 71.8 per cent of total national export value, according to a recently announced statistics report by the General Department of Customs.

Latest blog articles

M&A in real estate hikes early in year

access_time May 17,2017 chat_bubble_outline 25 views

The number of mergers and acquisitions in Vietnam’s real estate market has increased considerably in the first four months of this year, and the figure is expected to see continued growth throughout 2017.

M&A in real estate hikes early in year

According to Su Ngoc Khuong, investment director of Savills Vietnam, mergers and acquisitions (M&A) by foreign investors continued along a strong development course in 2017, especially for investors hailing from China, Japan, Hong Kong, South Korea, and Singapore.

VinaCapital’s two investment funds, VinaCapital Vietnam Opportunity Fund Ltd. (VOF) and VinaLand Ltd. (VNL), sold their entire stake (18 and 54 per cent respectively) in Dai Phuoc Lotus – a large-scale urban area project in the southern province of Dong Nai – to Chinese real estate group China Fortune Land Development. The Dai Phuoc Lotus development consists of 332 high-end semi-detached and fully-detached villas. So far, around 200 villas in the first phase have been handed over to buyers.

According to VinaCapital, the transactions recouped $16.5 million and $48.8 million for the two funds respectively.

Another big fish, Novaland, acquired a 99.9 per cent stake ($85.5 million) of Gia Duc Real Estate Company’s 181-hectare The Sunrise Bay development in the central city of Danang.

The Sunrise Bay development will contain an international-standard urban resort, entertainment facilities, and retail trading centre when it opens post-2020. The Sunrise Bay will be developed under the same format as the Marine Bay Sands in Singapore, with leading global designers such as Moshe Safdie and Aedas taking part in the project’s design.

Singaporean developers are also making waves in Vietnam’s real estate market. Keppel Land, through its subsidiary Krystal Investments Pte Ltd., has acquired an additional 16 per cent stake in  Southern Waterborne Transport Corporation, part of the Saigon Centre project in Ho Chi Minh City. Keppel Land has also signed a memorandum of understanding with Vietnam’s State Capital Investment Corporation to collaborate on investment opportunities in Vietnam.

Meanwhile, another Singaporean real estate developer, CapitaLand – which has developed more than 9,000 units in Hanoi and Ho Chi Minh City – recently announced its plan to set up a new commercial fund to acquire more residential development sites.

Vincent Wee, deputy CEO of CapitaLand Vietnam, said the firm has established a $500 million fund to invest in secured seed commercial properties, mainly in Ho Chi Minh City and Hanoi.

Increased M&A in the market is evidence of high investor confidence and signals a new sustainable development cycle in the local property market, according to Khuong.

“With many high-potential projects available, M&A will continue to be a popular model for investors to join the local market and implement their goals in the development of the local property market,” he added.

Khuong said M&A would continue to be essential as the market develops, and investors have to prove their skills, experience, and class to achieve co-operation opportunities and make high-value deals.

“Domestic investors also play an important role in M&A and development cooperation. Vingroup, Van Thinh Phat, Novaland, and Sun Group became strategic investors when they acquired projects or land to develop property products,” he said.


Premier League: Liverpool rout Everton in dominant derby win

Liverpool extended 10-man Everton's long wait for an Anfield win in style as Jurgen Klopp's men thumped their Merseyside rivals 4-0. . View photo Liverpool extended 10-man Everton's long wait for an Anfield win in style as Jurgen Klopp's men thumped their Merseyside rivals 4-0. James Milner starred and Daniel Sturridge scored his 50th goal for Liverpool as they eased to a 4-0 Merseyside derby win over 10-man Everton in the Premier League.Milner delivered the assists for Liverpool's first two… chat_bubble_outline Read More...

How one drug cartel banked its cash in New York City

NEW YORK (AP) — In the photos, Alejandra Salgado and her little brother Francisco look like ordinary tourists strolling the streets of midtown Manhattan. He carries a shopping bag. She wears a white dress, a necklace and a leather tote slung over one shoulder.But the outings were hardly innocent.Over two hours, federal agents snapped pictures as the pair visited seven banks, stopping at each one to make cash deposits of just under $10,000 — all from piles of drug money stashed in their… chat_bubble_outline Read More...

Starc back bowling after grisly accident

Sydney (AFP) - Australian bowling spearhead Mitchell Starc says he is focused on being ready for the first Test against South Africa after declaring himself available for selection following a grisly training accident.The 26-year-old suffered deep cuts after colliding with training equipment at a Sydney ground last month, needing nearly three dozen stitches to his left leg.The left-arm pace sustained two gashes just below his knee and was rushed to hospital where he had surgery.But after five… chat_bubble_outline Read More...

Putin turned Russia election hacks in Trump's favor: U.S. officials

WASHINGTON (Reuters) - Russian President Vladimir Putin supervised his intelligence agencies' hacking of the U.S. presidential election and turned it from a general attempt to discredit American democracy to an effort to help Donald Trump, three U.S. officials said on Thursday.U.S. intelligence agencies' conclusion that Russia tried to influence the election by hacking people and institutions, including Democratic Party bodies, has angered President-elect Trump, who says he won the Nov. 8 vote… chat_bubble_outline Read More...

Zika virus infection count in HCM City reaches 17

Seventeen people have tested positive for the Zika virus in HCM City as of yesterday, according to the city-based Pasteur Institute. They were detected through an epidemic surveillance system the local Department of Health has put in place. The testing system for Zika virus at HCM City-based Pasteur Institute. Trần Đắc Phu, head of the Ministry of Health’s Preventive Health Department, said it is impossible to prevent the spread of Zika because the city has a population… chat_bubble_outline Read More...

folder_open Assigned tags



Trends in Singapore

Trends in Indonesia

Trends in Philippin