HCMC

New international brands and shopping centers to invade the market

New international brands and shopping centers to invade the market

Market

New 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.

Shophouse rentals skyrocket in downtown Ho Chi Minh City

Shophouse rentals skyrocket in downtown Ho Chi Minh City

Market

Rents for shophouses in downtown Ho Chi Minh City have increased by 35 percent in 2019, according to real estate portal batdongsan.com.vn.

3 Vietnamese cities among world's most visited destinations

3 Vietnamese cities among world's most visited destinations

Lifestyle

Hanoi, Saigon and Da Nang have improved their rankings in a listing of top 100 city destinations for international tourists.

Saigon luxury apartment prices up 40 pct in 3 years

Saigon luxury apartment prices up 40 pct in 3 years

Market

Q4 luxury apartment prices in Saigon have surged 40 percent from 2017 due to limited supply, according to real estate service firm CBRE.

Saigon ward residents live in a house of cards

Saigon ward residents live in a house of cards

Policy

Subsidence has been eating away at a ward in Ho Chi Minh City for decades, leaving residents in misery as their houses go down.

 Agents’ incomes plummet amid housing supply shortage

Agents’ incomes plummet amid housing supply shortage

Market

With new supply in Ho Chi Minh City falling sharply this year and thus having little to sell, property agents are seeing commissions plunge.

Affordable housing program in limbo after money runs out

Affordable housing program in limbo after money runs out

Market

Vietnam rolled out an affordable housing program, but when its billion dollar allocation ran out, many projects stalled.

Ho Chi Minh City topped in real estate development and promising market in 2020

Ho Chi Minh City topped in real estate development and promising market in 2020

Investment

Ho Chi Minh City ranked 3rd out of 22 cities in the Asia-Pacific for property investment in 2020, according to a report by PwC, as all asset classes in the southern commercial hub are recommended to be bought next year.

WeWork to open 2 coworking offices in HCMC

WeWork to open 2 coworking offices in HCMC

Market

Coworking startup WeWork plans to open two more offices in Ho Chi Minh City’s District 1 this month.

Devising strategies for a global financial centre

Devising strategies for a global financial centre

Investment

In the context of many nations developing their international financial centres, Vietnam may also begin to follow suit.

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