By Minh Thu/TheLeader

Lotte shakes hand with FLC to accelerate property investments in Vietnam

Lotte shakes hand with FLC to accelerate property investments in Vietnam

Investment

A joint venture between FLC Group and Lotte Land has been formed in early June with a chartered capital of over $24 million to invest in a real estate project in Hanoi.

Investors ready to spend $1 billion to acquire real estate projects

Investors ready to spend $1 billion to acquire real estate projects

Investment

As much as $1 billion is now ready to streamline into local real estate projects listed by property service provider Sohovietnam, according to its chairman Phan Xuan Can.

Coteccons shares hit three-year low as construction market slows down

Coteccons shares hit three-year low as construction market slows down

Market

Share price of Conteccons Construction JSC (HOSE: CTD) hit its record low of VND96,800 ($4.2) in three years on June 18, witnessing a fall of over 33 per cent on-year.

Hanoi builds the world's first gold-coated hotel

Hanoi builds the world's first gold-coated hotel

Projects

The facade of 25-storey hotel in the downtown area of Hanoi is being covered with gold-plated tiles, with construction expected to complete just in time for the Formula One race next year.

Quang Ninh seeks $7 billion for special economic zone

Quang Ninh seeks $7 billion for special economic zone

Investment

The Van Don Special Economic Zone in Quang Ninh is yearning for $4.1 billion in foreign capital.

Novaland looks to develop mammoth safari and resort complex in Ba Ria Vung Tau

Novaland looks to develop mammoth safari and resort complex in Ba Ria Vung Tau

Projects

The Ba Ria Vung Tau provincial People’s Committee has given the green light to the Ho Tram safari and resort project.

VinaLand disposes all projects, ready to liquidate this July

VinaLand disposes all projects, ready to liquidate this July

Investment

After 13 years operating in Vietnam, the fund is saying goodbye to the country.

Beverage giant wins land auction to make way for real estate business

Beverage giant wins land auction to make way for real estate business

Projects

The founder of Tan Hiep Phat Group, who turned downed a $2.5 billion purchase offer from Coca Cola, is venturing into real estate business.

Marina Complex project hits roadblock over environmental concerns

Marina Complex project hits roadblock over environmental concerns

Projects

The development of Marina Complex has been put on ice as the local government orders a legal review on its encroachment on the bank of the Han River.

Slow licencing takes its toll on Dat Xanh Group

Slow licencing takes its toll on Dat Xanh Group

Policy

Ho Chi Minh City-based real estate developer is struggling to complete legal procedures for its projects.

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