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Vietnam most promising Asian investment destination in 2020 for Japanese firms

Vietnam most promising Asian investment destination in 2020 for Japanese firms

Investment

Strong growth potential and low-cost labor supply continues to make Vietnam the most promising Asian investment destination in 2020 for Japanese firms, with India and Southeast Asian countries dominating other top spots.

Khanh Hoa warns about illegal sale of tourism real estate projects to foreigners

Khanh Hoa warns about illegal sale of tourism real estate projects to foreigners

Policy

The Khanh Hoa Province Department of Construction had sent an official letter to request 129 investors of tourism projects not to sell property to foreigners, asking developers to comply with the established laws.

RoK tops the list of foreign investors in Vietnam in 2019

RoK tops the list of foreign investors in Vietnam in 2019

Investment

The Republic of Korea (RoK) has become Vietnam’s biggest foreign investor and is playing an important role in some key economic sectors, accounting for over one fifth of the total flow of FDI into the country in 2019.

Foreign investment inflow reaches new 10-year high in 2019

Foreign investment inflow reaches new 10-year high in 2019

Investment

Pledged foreign investment in Vietnam amounted to US$38.02 billion this year to December 20, the highest in the past decade, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

CapitaLand & Surbana Jurong collaborate on sustainable and smart city solutions

CapitaLand & Surbana Jurong collaborate on sustainable and smart city solutions

Investment

CapitaLand Vietnam and Surbana Jurong on December 19 signed an MoU with the aim to collaborate on developing and promoting sustainable and smart city solutions for CapitaLand Vietnam’s future real estate projects.

Condotel market faces challenges yet remains a promising property segment

Condotel market faces challenges yet remains a promising property segment

Market

Though the condotel market is facing major challenges, investment in condotels remains appealing and is expected to benefit the real estate sector, as long as a clear legal corridor is established to protect investors.

New residential launches and projects await in a vibrant last quarter

New residential launches and projects await in a vibrant last quarter

Market

In the last quarter of 2019 and 2020, the market is expected to welcome approximately 50,000 units across the two biggest megacities Hanoi and Ho Chi Minh, according to the latest report by CBRE.

Technology surpassed flexible workspace as the dominator the market

Technology surpassed flexible workspace as the dominator the market

Market

In the future, Technology and Flexible Workspace will continue to dominate office demand thanks to the boom in new start-ups and the thriving of technology industry of Vietnam in recent years, according to CBRE's report.

ACV submitted a new $478 million terminal project for Tan Son Nhat airport to PM

ACV submitted a new $478 million terminal project for Tan Son Nhat airport to PM

Policy

Airports Corporation of Vietnam, an airport operator, has proposed a project to build Terminal 3 for Tan Son Nhat International Airport at a cost of VND10.99 trillion (US$478 million) to Prime Minister for consideration.

"Metamorphosis" art exhibition opens at LIM Tower 3 in Ho Chi Minh City

"Metamorphosis" art exhibition opens at LIM Tower 3 in Ho Chi Minh City

Lifestyle

Ken art space and Lim Tower jointly announced their inaugural art exhibition Metamorphosis| Hinh Bien, the first of its kind in Vietnam uniting fashion, architecture and visual arts, to be stage at Lim Tower 3 in Saigon.

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