Việt Nam’s economy poised for 6% growth in 2024, fueled by export recovery: AMRO
MarketViệt Nam’s economic outlook for 2024 is anticipated a 6 per cent growth, driven by a rebound in exports, AMRO forecasts.
Real estate market prepares for renewal from 2025
MarketAlong with positive changes in the macroeconomic picture, real estate players are pining for 2025 when new laws come into play.
Difficulties gradually on the wane in real estate sector
MarketThe real estate market boasts great expectations ahead of a series of amended laws and favourable interest rate policies.
Banks repurchase significant amount of bonds before maturity
MarketCommercial banks have spent trillions of Vietnam dong to buy back bonds before maturity in the last months of this year.
Hanoi’s CPI up 2.04% in 2023
MarketHanoi’s consumer price index (CPI) in 2023 is estimated to increase 2.04% year-on-year, according to the Hanoi Statistics Office.
Vietnam has room to develop high-value manufacturing: Cushman & Wakefield
MarketVietnam’s high-value manufacturing is expected to grow, with the government intent on increasing manufacturing’s share of the economy from 25% to 30% by 2030 by attracting more high-value manufacturing investment, said the “Strength through Diversification: Opportunities across Asia Pacific” report by Cushman & Wakefield.
Bank bad debts forecast to remain under great pressure in 2024
MarketThough the asset quality of banks in Vietnam will be temporarily under control until the end of 2023, experts said more attention should be paid to the issue in 2024 as bad debts are rising.
Southern industrial real estate sees high demand in Q3
MarketThe industrial real estate market in the south was vibrant and thriving in the third quarter of 2023, with the rental area reaching 143,000 sq.m, up 2.4 times compared to the previous quarter.
Vietnam among countries with high economic growth rates: experts
Market2023 continues to be a tough year for the world economy as COVID-19 pandemic has still taken heavy tolls while a series of new challenges have emerged, including geopolitical conflicts, tight monetary policies in major economies and world economic slowdown.
Vietnamese economy expands 5.05% in 2023: GSO
MarketVietnam’s gross domestic product (GDP) growth rate is estimated at 5.05% in 2023, the General Statistics Office (GSO) announced on December 29.
Expectations now heightened for real estate in 2024-2025
MarketThe eventful year of 2023 is drawing to a close, and for enterprises and investors it is a stepping stone to a 2024 full of hope and positivity.
Critical juncture set for real estate prospects in 2024
MarketDespite fluctuations expecting to continue in the Vietnamese real estate market for some months, industry analysts are quietly optimistic that 2024 will mark a turning point for a new cycle of recovery and development.
Vietnam: a real estate market rebound in the making
MarketMortgage rates peaked at as high as 16 per cent at some banks in early 2023 but subsequently dropped dramatically. They are now comparable to levels that prevailed before the government’s aggressive policy rate hikes last year sent borrowing rates soaring. Nevertheless, a full revival of sentiment and transaction activity is not likely until mid-2024.
Residence-hotel complexes attract HCM City’s expats
MarketDeveloping and living in luxury residence-hotel complexes are rising trends among property developers and buyers and lessees thanks to the high rentals and resort-like living environment.
Misadventures in Vietnamese real estate
MarketThe great Trang Bom land rush. I was there, and it wasn’t pretty.
Foreign retailers hurry to cash in on Vietnamese market
MarketVietnam, with its young demographic, growing incomes and large population, is considered a hugely promising market for retailers.
JLL names five key trends of Vietnam property market 2020
MarketThe trends will contribute to helping navigate foreign investors in Vietnam.
Hanoi hotels close in droves as coronavirus hits bookings
MarketHotels across Hanoi are closing up shop and letting staff go as the coronavirus outbreak slashes both tourist and revenue numbers.
New international brands and shopping centers to invade the market
MarketNew shopping malls are anticipated to enter the market, mainly on the city’s outskirt. Meanwhile, retailers and mall developers are reinventing themselves to provide a variety of entertainment and lifestyle activities.