By Nguyen Huong/Vietnam Investment Review

Five opportunities in Vietnam’s real estate market

Five opportunities in Vietnam’s real estate market

VNRea News

Despite facing difficulties and challenges, the Vietnamese real estate market is developing stably, positively, and professionally.

Real estate giant Lideco to be fined for billions of VND in taxes

Real estate giant Lideco to be fined for billions of VND in taxes

Policy

Due to tax violations, real estate giant Lideco has been fined for VND2.3 billion ($100,000).

Phu My Hung to face difficulties with Sannam Hoa Binh project

Phu My Hung to face difficulties with Sannam Hoa Binh project

Investment

With the pollution of Hanoi's clean water reserves reverberating still, the development of Phu My Hung's Sannam project in Hoa Binh province’s Ky Son district may run into unexpected trouble.

Anonymous foreign investor buys entire batch of Phu My Hung bonds

Anonymous foreign investor buys entire batch of Phu My Hung bonds

Investment

Phu My Hung Development Corporation has mobilised VND800 billion ($34.78 million) for real estate projects from a "secret" foreign investor through bond sales.

Authorities issue query into Manhattan Tower delay

Authorities issue query into Manhattan Tower delay

Policy

Hanoi Department of Planning and Investment asked the developers of Manhattan Tower, Landmark Holding, and Ba Dinh Construction Consultancy-Investment JSC about the reasons for the delay and complaints of homebuyers.

Gulf redoubles efforts to develop power plants in Vietnam

Gulf redoubles efforts to develop power plants in Vietnam

Investment

Thai firm Gulf Energy Development Plc. plans to develop power plants in Vietnam and Laos to strengthen its presence in Indochina.

Fierce competition in retail property scene

Fierce competition in retail property scene

Market

Although e-commerce is evolving rapidly, 90 per cent of retail revenue comes from shops and shopping centres, which made the real estate segment for retail leasing vibrant.

Numerous real estate companies owing in taxes and fees

Numerous real estate companies owing in taxes and fees

Policy

The Hanoi Department of Taxation has just announced that hundreds of real estate companies owe a total of VND1.126 trillion ($48.9 million) in tax, administrative fees, and other land-related sums.

The Zei "vertical city" being developed at My Dinh

The Zei "vertical city" being developed at My Dinh

Projects

On May 18, 2019, HD Mon Holdings officially started sales at The Zei. Located at 8 Le Duc Tho, South Tu Liem, The Zei “vertical city” is the only premium complex developed at the centre of My Dinh.

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