The latest political upheaval in Vietnam has dramatically reshaped its elite leadership. Recent attention has focused on two high-profile replacements – General To Lam’s promotion to state president and Tran …
The minimum 5-year mortgage rate has been reduced to 3.5 per cent for first homes from 4.1 per cent, and 3.9 per cent from 4.5 per cent for second homes. …
Vietnam’s National Assembly on Monday elected Tran Thanh Man as its new chairman, one of several key changes in an ongoing reshuffle of the country’s top leadership. Man, 61, who …
But even with this shift in approach, observers did not seem ready to declare the end of the crisis in sight. “It is really too small to make more than …
In its latest move, Hanoi said on Thursday that it removed Thuong Thi Mai, who ranked fifth among Vietnam’s leaders and was the only woman in the Politburo, for “violations …
Chinese Vice-Premier He Lifeng called on local governments to purchase undeveloped land and unsold homes from property developers in a strong signal of Beijing’s determination to rescue the property sector …
Authorities in Hangzhou, the capital of China’s Zhejiang province, are planning to buy homes and rent them at affordable rates, the first such move by a local government after the …
If the central bank is struggling to steer loans towards consumers and companies, there are ways it can support fiscal spending instead. Analysts expect the PBOC to slash its reserve …
The outlook for Chinese companies’ profitability looks bright, according to UBS which predicted that earnings will rise as the economy stabilises. Corporate profits fell in the first three months of …
The Hang Seng Mainland Properties Index, a gauge tracking 10 home builders listed in Hong Kong, advanced 4.5 per cent to 1,430.88 at the Thursday close, the highest so far …