South Korean
South Korean paid million dollars to own real estate in Vietnam
InvestmentVietnam is second after the United States on the list countries where South Korean people and enterprises have spent a total of $440.11 million on buying real estate in 2018, drawing in $56.1 million.
Foreign firms keen on build-to-suit mini workshops
MarketIn spite of pretty high leasing fees, ready-made workshops are still preferred by foreign enterprises, especially Japanese and South Korean ones.
S. Korea SK Group chips US$1 billion buying Vingroup shares
InvestmentSouth Korean SK Group starts to expand its presence in Southeast Asia and purchase Vingroup’s 154.3 million shares through private placement and others 51.4 million shares from Vingroup’s retail arm VinCommerce, totaled VND23.3 trillion, roughly US$1 billion. Deal to come under a strategic partnership signed on May 16.
Investors at odds over clashing racecourses
ProjectsThe South Korean developer of the proposed $1.5 billion horse racecourse in the northern province of Vinh Phuc, G.O.Max I&D, complained that the large-scale horse racecourse recently proposed by Hanoitourist Corporation and South Korea’s Global Consultant Network Co., Ltd. will kill its project.
Vinhomes signed deal to lease 300 apartments to South Korean
ProjectsTheLEADER - The Vincity Ocean Park mega township is luring interest from South Korean buyers.
Vietnam now the second most popular property market for South Korean
MarketWhile the US still leads the bulk of real estate investments from South Koreans, Vietnam is hot on its heels, Property Report magazine reported.