More regulations needed to promote condotel market development
PolicyDetailed regulations are needed to promote a healthy condotel market, which has been going off-track for years due to an unclear legal framework, experts have said.
Vietnam to select quality foreign investment
InvestmentVietnam is earmarking environmentally friendly, high tech investment to best serve the sustainable growth of the country.
No bubble but land prices might increase: ministry
MarketWhile there are few, if any, signs of the real estate bubble bursting in 2020, the Ministry of Construction said that land prices could increase in some areas.
Luxury hotel segment sees sharp expansion
MarketWith 50 five-star hotels and 68 four-star hotels being built last year, the luxury segment now has 466 hotels with 97,098 rooms, according to a report released by the Vietnam National Administration of Tourism.
PM urges Ha Nam to make development breakthroughs
PolicyPrime Minister Nguyen Xuan Phuc on January 11 urged the northern province of Ha Nam to further carry forward its potential and advantages as a gateway of Hanoi capital city, and make breakthroughs in development.
Hanoi has high demand for Grade A apartments in Q3
MarketThe real estate market of Hanoi saw high demand for Grade A apartments for rent and sale in the third quarter, according to Savills Vietnam’s quarterly report on Hanoi's property market.
Phu Tho to lure investment into new IPs
InvestmentThe 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.
Real estate retains second position in FDI attraction
InvestmentReal estate remained the second biggest magnet for foreign direct investment (FDI) in 2019, following processing – manufacturing, as it attracted USD3.88 billion, equivalent to 10.2 percent of the total registered.
SBV keeps preferential interest rate for social housing unchanged
PolicyThe commercial banks’ preferential interest rates will be remain unchanged at 5 per cent for social housing this year, according to a decision of the State Bank of Viet Nam (SBV).
First certified Halal convenience store opens in Ho Chi Minh City
MarketThe first certified Halal convenience store was put into service in Ho Chi Minh City on December 25, giving Muslimsin the southern metropolis more food choices.
