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JLL Market Watch Week May 31, 2018


Land prices around HCM City jump

Online newspaper reported that land prices in Nhon Trach District of Dong Nai Province, prices are up 60-100 per cent. In Binh Duong Province, prices in Lai Thieu Town bordering HCM City's District 12 have jumped to VND23 million ($1,000) per square metre from VND18 million ($789) five months ago. Read more

FPT Software plans for trials of self-driving cars

Vietnam's FPT Software company has asked the Vietnamese Ministry of Transport for authorization to develop, operate and test self-driving automobiles and small trucks in high technology zones and software parks on an experimental basis.Read more

Property loan touches US$20.7 billion mark

According to the department of Housing, the loans increased by 5.5 per cent from the previous quarter. Most of the loans were VND102.4 trillion, increasing by 21 per cent for projects in urban zone construction and housing development as well as VND100 trillion, increasing by 9.3 per cent for house repairing and business activities.Read more

Vietnam's GDP growth to slow after record performance in Q1: Deputy PM

The country's gross domestic product (GDP) grew 7.38 percent in the first three months thanks to strong performance in three key economic sectors, agriculture, industry-construction and processing-manufacturing, said deputy prime minister Truong Hoa Binh at the opening meeting of the 14th National Assembly, the highest legislative body in Vietnam.Read more

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