Minister of Transportation inspects construction of Lach Huyen port project

After Governor Nguyen Van Binh delivered a message to ease credit for real estate market, many businesses operating in this field feel "joy in their mind" as they suggested that the market will experience "waving" effect.

In the Spring Conference of Vietnam Real Estate Association (VNREA) held in Cat Ba, Hai Phong on 17 March 2012, VINACONEX - ITC was honored to receive VNREA’s Certificate of Commendation for being a member that made positive contribution to the activities of the Association in particular and to Vietnam real estate industry in general.

In  the warm days of Spring of 18 and 19 March 2012, Vietnam Real Estate Association organized “Spring Conference of Dragon Year” at Cat Ba Island, Hai Phong city. At the Conference, VNREA reviewed it 2011 activities and proposed action plan for 2012 of its members. Beside the Conference, members of VNREA also visited Cat Ba Amatina Project site and participated in an impressive and friendly Gala Dinner held right on the sand of Tung Thu Beach.

On 17/3, Vietnam Real Estate Association (VNREA) held Spring Conference of Dragon Year 2012 at Cat Ba (Hai Phong city) and visited Cat Ba Amatina Project site.

The impressive return of Prof. Dr. John Snow to Vietnam after his first visit to chair Conference titled “Is Vietnam a destination of world economic empires” held in Hanoi in November 2011 could be considered as an outstanding event last week.

On 12 January 2012, in Hanoi, Prof. Dr. John W. Snow, the world and US leading investment consultant, the US former 73th Treasury secretary and the present Chairman of Cerberus Investment management had signed Memorandum of Understanding with Vinaconex-ITC on investment to Cat Ba Amatina Project.

On January 6, 2012, Mr. Nguyen Thanh Phuong, Chairman of Board of Director, and Mr. Vu Quy Ha, General Director of Vinaconex had participated in Conference on Review of Activities in 2011 and Plan for activities in 2012 of civil construction industry. Prime Minister Nguyen Tan Dung also participated and addressed the Conference.

When spent more than USD 1 million in November last year to invite Dr. Snow, the 73th US Treasury Secretary and the current Chairman of Cerberus Capital Management – an investment fund that owns thousands billions of US dollars – to Vietnam, Link World International was seen as playing an extravagant game. However, businesswoman Anna Nguyen, General Director of Link World International, proposed that the values that the visit may bring to Vietnam “can not be bought by money”.

While sharing common opinion that real estate market will still face difficulties in 2012, many real estate businesses suggest that there are signals of recovery and it is likely that by the end of the year, the frozen market will be thawing.

(HNM) – 2006-2011 marked a period when Vinaconex Corporation transferred from SOE to a shareholding company. Beside new opportunities and forces, Vinaconex now has to face many challenges regarding new organizational model, uncompleted legal framework regulating unprecedented 100% equitization of the biggest and most complicated SOE into a shareholding company.

(VEF.VN) – The good sale of Cat Ba seaside resort villas and apartments priced under VND 1.5 billion in circumstance, when real estate market is down proved that making the difference could lead to success.

With the view to make Cat Ba Amatina Project a world class resort, casino, marina and entertainment complex, the cooperation with experienced and financially strong international investors is always at the top concern of Vinaconex-ITC during project implementation.

Recently, Ministry of Construction, together with State Bank of Vietnam, submitted to Prime Minister a Report on evaluation of real estate market in 2011 and on proposal of management measures to steadily and effectively develop this kind of market.