Vietnam, with its young demographic, growing incomes and large population, is considered a hugely promising market for retailers.
Architect Nguyen Hoang Manh's Sky House allows its residents to fully experience nature right inside the comfort of their own home.
Hotels across Hanoi are closing up shop and letting staff go as the coronavirus outbreak slashes both tourist and revenue numbers.
The supporting industry boosted the development of Vietnam's industrial real estate market last year, along with creating new emerging hubs and pushing second tier cities forwards, according to CBRE Vietnam Co, Ltd.
There is a growing need to better integrate and connect domestic markets to ensure that any potential slowdown in exports can be offset by higher domestic demand.
New shopping malls are anticipated to enter the market, mainly on the city’s outskirt. Meanwhile, retailers and mall developers are reinventing themselves to provide a variety of entertainment and lifestyle activities.
Vietnam is earmarking environmentally friendly, high tech investment to best serve the sustainable growth of the country.
Apartment prices surged in Saigon last year as new supply plunged to its lowest in four years largely due to limited supply caused by ongoing restrictions to approval procedures.
The outlook is decidedly bullish for Vietnam’s residential market in the long term.
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.
The surge in Vietnam’s tourism development in recent years, which has turned it into a spearhead economic sector, has taken a toll on the environment.
The real estate market of Hanoi saw high demand for Grade A apartments for rent and sale in the third quarter, according to Savills Vietnam’s quarterly report on Hanoi's property market.
Prime office rent across Ho Chi Minh City in Q4 2019 experienced a decade peak amid rising demand and limited supply while new launch drives up the total supply of Hanoi Grade B segment to 1.8 million square meters.
The Japan International Cooperation Agency is pledging continued aid to infrastructure and other projects in Vietnam, also expressing concern about the slow disbursement of funds it has already committed to projects.
Ho Chi Minh City authorities have conferred the status of historic relic on the Congregation of the Holy Cross Lovers and Thu Thiem Church in District 2.