Apartment supplies to drop by 25%
MarketThe number of apartments eligible for sale in Ho Chi Minh City and Hanoi is estimated to fall 25% this year, reaching 43,000 units, according to a report by property platform batdongsan.com.vn.
VinSmart electronics manufacturing plant officially opened in Hoa Lac
ProjectsThe 15-hectare electronics manufacturing plant of VinSmart Research and Manufacture JSC, a subsidiary of Vietnamese conglomerate Vingroup, as been officially put into operation at Hoa Lac High Tech Park in Hanoi City.
Luxury property concepts on the rise
InvestmentDespite occupying a small proportion of the Vietnamese property market, the luxury residential segment is becoming more attractive to domestic and international buyers.
Coworking space develops strongly in Hanoi
MarketThe coworking space model has been growing strongly in Hanoi City since early 2019 and is expected to be the main supplier of office space for rent in the coming years, heard attendees at a seminar held by property service provider CB Richard Ellis Vietnam (CBRE Vietnam) on July 9.
Hanoi weighs underground parking cellar in zoo park
PolicyHanoi city will support 100% of land-rent fee for the first 10 years for the underground parking cellar in Thu Le park.
Property enterprises head over heels in debt
MarketExperts predict 2019 will be an extremely tough year for the Ho Chi Minh City’s real estate industry, since only a few projects got approval; banks tightened credit into real estate; and legal procedures of projects developed on public lands are inspected. These difficulties have made debts of property firms become bigger, with an increasing amount of inventories.
A win-win excercise in PPPs is important for Vietnam's development
InvestmentPublic-private partnership (PPP) is considered among the optimal solutions to facilitate capital mobilisation for investment in infrastructure and services. However, the legal regulatory and institutional frameworks also need to be clear and robust to enable investors to accept risks over the longer term with some certainty of the framework within which these risks are being taken.
Hanoi city builds smart tourism system
LifestyleThe system aims to offer smart solutions on information technology platforms to facilitate visitors, businesses and competent agencies.
