Investors pay the price as Vietnam condotels unravel
PolicyLegal loopholes are being blamed for thousands of condotel investors being hurt, but avarice has also been a factor, experts say.
Affordable housing program in limbo after money runs out
MarketVietnam rolled out an affordable housing program, but when its billion dollar allocation ran out, many projects stalled.
Hotel sector proves irresistible to investors
InvestmentA number of major hotel acquisitions have taken place in Vietnam this year as the tourism market continues to boom.
NA concerned over Long Thanh airport developer's financial wherewithal
PolicyLawmakers have expressed concern about the Airports Corporation of Vietnam’s financial wherewithal to go through with the mega Long Thanh International Airport project.
Foreigners using proxies to own real estate in national security areas
PolicyHundreds of Vietnamese firms are serving as proxies for foreigners to buy real estate units in areas vital to national security, says Deputy PM Pham Binh Minh.
WeWork to open 2 coworking offices in HCMC
MarketCoworking startup WeWork plans to open two more offices in Ho Chi Minh City’s District 1 this month.
Real estate bonds attract lowest investor interest
InvestmentSeven percent of real estate bonds issued in the first eight months of the year were bought, the lowest ratio among all sectors.
