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MIPIM ASIA 2010 – great opportunity for Vietnam real estate firms

22 Jul
Vnre.blogspot.comMIPIM ASIA Group has had meetings with over 100 real estate firms in Vietnam and investors, companies related in the field of real estate, finance and construction to introduce the new definition of MIPIM International Real Estate ASIA 2010 exhibition will be held in Hong Kong from 10/11 to 12/11/2010.

Expected to have about 30 enterprises of Vietnam to participate the fair, more three businesses than last year. Especially at this fair, VinaCapital will present “real estate market in Vietnam – the destination of foreign investment” with the participation of other speakers from the real estate corporations, management and consultancy of real estate in Vietnam International.

It is known that in 2009, the MIPIM ASIA has attracted 1000 companies with over 2,000 visitors participants from 46 countries. There were many the agreement of Vietnam real estate companies with financial institutions, investors international valued several hundred million dollars. Thus, the MIPIM ASIA 2010 will be a place to meet and introduce real estate projects in global scale, providing opportunities for greater cooperation agreement for the real estate firms in Vietnam.

Reported by Minh Long/ Newspaper of Trade and Industrial


30 Jul

MIPIM ASIA 2009, originally uploaded by Kiva.Dang.
MIPIM Asia 2009
November 18-20, 2009
Hong Kong

MIPIM Asia is an exciting conference and exhibition event focused on real estate in Asia Pacific. It has been designed to encourage western investment and to facilitate deals across Asia Pacific between local investors. MIPIM Asia provides the professionals from the industry with a unique insight into the Asia Pacific market with world class conferences and an exceptional showcase of development projects from the region.

Why Participate in MIPIM Asia?

At a time when the U.S. economy has taken a hit, the dollar is down against foreign currencies and membership numbers may have dropped, it’s easy to say that this is NOT the time to pursue such opportunities, but I’d suggest that now is EXACTLY the time you should consider this. Why? Here are just a few reasons:

  • The U.S. market has ample inventory, but domestic sales are down. Combine this with a weaker dollar against Asian currencies, and this is the perfect scenario for increased Asian investment.

  • In a tight market, your members look to maximize every dollar and may be asking what the Association is doing to help counter the domestic market slowdown? Working to attract a new source of buyers into the market is a pretty good response.

  • Strengthening alliances with area economic development boards is a win-win and provides a longer-term payoff than just one event or for a specific group of members. With foreign direct investment into the U.S. on the rise, those U.S. states actively seeking the money will do so.

  • Asia is on the rise. According to the International Monetary Fund the U.S. dollar is now closer to a sustainable value than it has been in a decade, while the euro is overvalued. The U.S. – Asia imbalances are the result of years of heavy U.S. consumption matched by equally heavy Asian savings. Such imbalances are potentially dangerous as if foreign investors’ appetite for U.S. assets ever slackens, it could trigger a sharp fall in the dollar before causing interest rates to jump. The dollar’s decline is a key element in putting the global economy on sounder long-term footing, making U.S. products less expensive for foreign buyers. (USA Today).

For more information about why to participate in MIPIM Asia, visit the MIPIM Asia Web site.