2020 to be challenging for Vietnam real estate market, warn experts
MarketFrauds, low liquidity and tightening credit will be some of the major challenges facing the Vietnamese property sector in 2020.
Hanoi’s suburban malls vacant for years
MarketMany suburban malls built in Hanoi 3-5 years ago are not occupied, leaving tens of thousands of square meters of retail space vacant.
Da Nang condotel developer threatens to cancel unsettled contracts
PolicyCocobay Da Nang developer has announced it would cancel contracts if buyers don't accept one of the options it has offered.
Resort real estate lost ground in 2019
MarketFrom a hot real estate trend for over three years, 2019 marked fall from favor for condotels – controversies and protests dogged the sector.
Guaranteed returns ploy driving condotel craze fraught with risk
MarketIgnoring analysts’ warnings, investors bought thousands of condotels, lured by developers' promises of high guaranteed returns each year.
Hanoi proposes ODA funding of $1.32 billion for metro section
PolicyHanoi wants to borrow VND30.57 trillion ($1.32 billion) in official development assistance (ODA) to construct a downtown metro section.
Hoan Cau Group sells $4 billion resort project to new investor
ProjectsMulti-sector investor Hoan Cau Group has sold its $4 billion Diamond Bay resort project in Nha Trang to real estate developer Sunshine Group.
