Ho Chi Minh City (HCM City) authorities has called on local and foreign investors to invest in the city’s infrastructure.

The capital city has set a target of developing 30 new industrial clusters (ICs) by the end of 2019, according to Director of the Hanoi’s Department of Industry and Trade Le Hong Thang.

Various infrastructure projects in Mekong Delta city of Can Tho have been started or completed and put into operation, the city’s ODA project management unit reported.

Talking about the future of homestay business in Vietnam, many experts believe it might be profitable in the short-run but not in the long-run as this business model mainly caters to adventure tourists, whose tastes are changing constantly.

Building eco-industrial parks (IPs) is among important tasks within the Switzerland’s cooperation and development framework for Vietnam, said Swiss Ambassador to Vietnam Beatrice Maser Mallor.

Ministry of Construction (MoC) in collaboration with Ministry of Natural Resources and Environment will complete regulations relating to condotel and officetel within 2019, its Minister Pham Hong Ha said at a recent meeting of the National Assembly.

Real estate speculation and a shortage of roads and facilities have led to a number of so-called “deserted towns” in real estate hotspots in Ho Chi Minh City (HCMC).

Government of the Central province Quang Binh have revoked licences of 16 delayed property projects that have high percentages of land occupation.

Dong Nai authority has just asked the central Government to allocate over VND400 billion ($17.23 million) to build two roads that would connect the province's National Road No. 51 to Long Thanh airport.

On March 21, three Taiwanese enterprises signed deals to invest a total of $30 million at Minh Hung Sikico industrial park (IP) in Binh Phuoc province.

Government of the Central coastal city has just issued a document requesting the improvement of management and supervision of real estate brokerages and land transactions to prevent unusual price hikes caused by the spread of false information.

The fast development of the real estate market in Binh Duong province has led to hundreds of projects, providing thousands of apartments for local residents and migrant workers. However, authorized agencies have found many violations of project developers.

While Ho Chi Minh City has a surplus of houses for relocated residents, people in need of social housing still face a severe shortage.

The Central coastal city is planning to allocate 300ha for building a horse racing track and farm with total investment cost of $200 million.

More and more housing products are advertised as smart homes, creating a new trend in Vietnam’s property market. However, experts say the market needs specific standards for smart projects.