MARKET SNAPSHOT April - 2019
Policy Assign new safe distance for gas processing plant in residential area This content is mentioned in Decree 25/2019/ND-CP, which has amended Decree 13/2011/ND-CP on safety of onshore petroleum projects, effective from April 22nd, 2019. Accordingly, the safe distance for the gas processing / treatment plant in residential areas is specified as follows: • Independent houses and auxiliary works (including gardens, fish ponds): 40 meters for special level, 30 meters for level 1, 25 meters for level 2; • Houses with 4 floors or above and / or more than 10 permanent residents: 70 meters for special level, 50 meters for level 1 and 40 meters for level 2; • Schools, hospitals, kindergartens, theaters, cinemas, commercial centers, supermarkets or marketplaces: 150 meters for special level, 100 meters for level 1, 75 meters for level 2.
Real Estate Meeting between Ho Chi Minh authorities and companies to solve the . difficulties of real estate business on April 10th
It is expected that hundreds of property projects reviewed, inspected and suspended during the current period will be solved quickly so that HCMC real estate market can get back to normal operation.
Annulling Circular No. 134/2014 / TT-BTC dated September 12th, 2014 of the Ministry of Finance
The guidance on procedures for extending the time limit for tax payment and value-added tax refund for machinery and equipment imported to create fixed assets of investment projects is withdrawn. It will be
Infrastructure
In 2019, several serious flooded roads are planned to be upgraded.
CBD and CBD Fringe
South
East
Region
Street Dang Thi Ranh
District Thu Duc
Flooded Range From
To
To Ngoc Van
Duong Van Cam
Cause
2019 Plan
Drainage system is degraded, road is low and hollow and Cau Ngang canal is encroached
Planning Investment Project
Drainage system is degraded. Road surface is lower than tide peak
Working in progress, expected completion in 2Q2019
Duong Van Cam
Thu Duc
Kha Van Can
Le Van Tach
Huynh Tan Phat
7
Nguyen Van Quy
Go O Moi
Tan Quy
Tan Phu
Go Dau
Tan Huong
Le Duc Tho
Go Vap
Lang Son Parish
Tay Son School
Ba Van
Tan Binh
Truong Cong Dinh
Tan Binh
Truong Chinh
Au Co
Drainage system is degraded, road is low and hollow
Bau Cat
Tan Binh
Truong Cong Dinh
Vo Thanh Trang
Drainage system is degraded, road is low and hollow
Expected approval for construction drawing and estimation in 3Q2019
1
Nguyen Gia Van
Dien Bien Phu
Drainage system is degraded, road is low and hollow
Expected completion in 2019
Mai Thi Luu
Croassroad Au Co
Drainage system is degraded, road is low and hollow
Expected approval for construction drawing and estimation in 3Q2019 Planning Investment Project
Drainage system is degraded, road is low and hollow
Expected approval for construction drawing and estimation in 3Q2019
MARKET SNAPSHOT | April 2019
New Supply Official Announcement Department of Construction certifies 10 projects to be eligible for selling, renting to buy future housing in 1Q2019. These projects are mainly located in the East Region (District 9 – 4 projects, District 2 – 1 project and Thu Duc – 2 projects). The others are in Binh Chanh Distict , District 7 and District 8. In particular: • District 9: 143 townhouse dwellings, 1255 apartment units • Thu Duc District: 334 apartment units • District 2: 100 townhouse dwellings • Binh Chanh District: 1088 apartment units • District 7: 94 apartment units • District 8: 99 apartment units
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News Oil price increases will not show signs of stopping. Japan, South Korea and Turkey will face US sanctions if they continue importing Iranian oil when their sanctions waivers expire on May 2nd. The others are China and India.
Source: The Times of Israel
The Ministry of Industry and Trade (MoIT) has proposed a US$4.31 billion preferential credit package for the development of the Vietnamese supporting industries to improve its competiveness.
M&A Agency Company Valuation Equipment Valuation
Source: Vietnam News
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Vietnam’s low-cost carrier Vietjet said at its 2019 Annual General Shareholders’ Meeting in Ho Chi Minh City that the company planned to open 20 more new international routes this year. The 20 added routes will raise Vietjet’s flight network to 133 domestic and international destinations, Vietjet aims to effectively expand international routes, consider investment opportunities for infrastructure, terminals, technical services, ground services, training to promote the airline’s experience, advantages, and efficiency in the next three years.
DUONG HUYNH ANH Research Analyst Mob: +84 901 39 91 95 Email: anhduong@vietvalues.com.vn Source: Tuoi Tre News The information contained herein has been obtained from sources deemed reliable. While every reasonable effort has been made, the accuracy of the whole or any part can not be guaranteed, represented and taken responsibility. Readers are encouraged to consult their professional advisors before acting on any of the materials contained in this report.