With positive signs in liquidity on the horizon in the local real estate market, townwhouses appear a promising investment channel with fairly good yield rates.
Samsung Electronics Vietnam announced that it started construction of its largest R&D centre in Southeast Asia at the new township of Tay Ho Tay in Hanoi, Vietnam.
To lure more foreign investment in infrastructure, Vietnam needs to have a clear public-private partnership (PPP) framework.
Investors have signed a memorandum of understanding on 19 investment projects worth over VND205 trillion (US$8.84 billion) in the Mekong Delta province of Tra Vinh at an investment promotion conference on January 15.
The government’s fresh message to continue investing heavily in infrastructure development in a bid to attract more investment has received a thumb-up from the business community, with many enterprises wishing to engage.
The northern province of Phu Tho plans to build three more industrial park (IPs) with a total area of 750ha this year, according to the Phu Tho IPs Authority.
Experts said that the Law on Housing 2014 has brought huge opportunities for foreigners to buy houses in Vietnam, as numerous real estate projects quickly filled the 30 per cent of apartments available for foreigners.
After two consecutive quarters of declines, investment in global commercial real estate has picked up.
The property market in Vietnam has received increased FDI inflows during the past years. VIR talked with Savills Vietnam managing director Neil MacGregor about his assessments and expectations of these FDI flows.
Located near Hanoi, owning 18 industrial zones and 32 clusters, Vinh Phuc is improving its investment and trade environment, enhancing competitive capability to attract investment, particularly from Europe and the U.S.
Vietnam attracted more than US$17.6 billion in foreign direct investment (FDI) in 2019 through November 20, a slight 7.2% increase from the same period last year, according to the Ministry of Planning and Investment.
Foreign direct investment has contributed significantly to breakthroughs in socio-economic development for the southern province of Binh Duong, as it was revealed that targets for 2020 have already been smashed.
Vietnam and the Czech Republic have huge potential to promote cooperation in diverse areas including trade, investment, manufacturing, the processing industry, the environment, and others.
Along with amending and removing regulations, numerous sectors were added to receive incentives under the latest draft Law on Investment in order to ensure that new capital inflows match the new-generation FDI strategy.
The National Assembly’s Foreign Affairs Committee has pointed out the main obstacles to investment by foreign investors in Vietnam and the Government’s management of foreign-invested firms.
In order to achieve its economic goals, Vietnam is trying to attract deeper investment from the private sector, with public-private partnerships considered one of the more effective tools.
The Ministry of Planning and Investment’s Foreign Investment Agency and US-based strategy and capital advisory The Asia Group have led a delegation of senior executives to Hanoi to explore investment opportunities.
GIVI from Italy, one of the leading manufacturer of motorcycle accessories, has consolidated its business in Vietnam with the expansion of its factory in the southern province of Long An on October 17.
Panasonic Life Solutions Vietnam, a member of Panasonic Vietnam Group, is investing over US$45 million in a second factory in Binh Duong province, which will be operational by January 2021.
As Vietnamese people are increasingly making overseas property investments, foreign developers from Europe, the US, and Asia are flocking to Vietnam to introduce their property products.