Real Estate

Vietnam considers foreign ownership of hospitality real estate

To reduce unsold inventory and boost tourism infrastructure investment, the Construction Ministry has proposed that foreign investors are allowed to own hospitality property.

Ho Chi Minh City accelerates $2bln Metro No.2 project construction

The 10-year-delayed metro line that runs through six districts in Ho Chi Minh City has proved faster progress, following the recent handover of a land plot from Tan Binh district.

Work on bridge to Ho Chi Minh City's coastal district to begin in 2022

Construction of the Can Gio Bridge, connecting Ho Chi Minh City's outlying namesake district with the city's center, will start in 2022.

Vingroup’s $9.3bln tourist resort project gets Gov’t approval for 4.7 times ...

A 13-year delayed sea reclamation tourist resort project in Ho Chi Minh City’s Can Gio district led by Vietnam’s largest private conglomerate has got government’s approval for 4.7 times expansion.

Anti-flooding projects expected to come into operation by October

Ho Chi Minh City People’s Committee was urged to hand over premises to complete anti-flooding projects so that these projects will be put into operation by October.

Foreigners allowed to own homes in 22 Hanoi commercial housing ...

The Hanoi Department of Construction has listed 22 commercial housing projects, some complete and some under construction, where foreigners can own homes.

Da Nang to seek developer for $2bln condo, twin tower, casino complex

Authorities in Da Nang plans to invite a bid this year for the rights to use a land plot where a $2 billion condo, finance, and casino complex will be built.

Ho Chi Minh City to build additional 650 hectares public parks in next 10 ...

The government of Ho Chi Minh City plans to build an additional 650 hectares public parks in the next 10 years, offering at least one square metre of public parks per resident

Ho Chi Minh City to complete action plan for Eastern City soon

City's leader urged the Department of Planning and Architecture to complete a draft action plan for the project's construction and send reports to the municipal People’s Committee.

Japan’s JUTEC seeks Vietnam expansion by teaming up with a local real estate ...

Japanese building product distributor JUTEC Holdings Corporation is seeking to team up with a Vietnamese firm to establish a housing services joint venture in Vietnam.

Ho Chi Minh City to merge 3 districts and 19 wards to form a creative ...

The Ho Chi Minh City’s Department of Home Affairs submitted a plan to the city government on the merger of three districts and 19 wards in the eastern area of the city.

Vietnam industrial property supply rises as companies exit China

Supply of ready-built factories and warehouses in southern Vietnam will increase by 28 percent this year to 2.7 million square meters.

Ho Chi Minh City's $430mln anti-flooding project to be put into operation by ...

Some 77 percent of the massive anti-flooding project in the city has been completed, Director of Trungnam Group Nguyen Tam Tien told city leaders on weekend.

Chinese acquisition of prime land worries Vietnam defense ministry

Chinese investors have used various ruses to acquire prime land in Vietnam, implicating both economic development and national security, the Ministry of National Defense says.

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Real Estate

Ho Chi Minh City townhouse prices surge 36 percent

AZ Property Group to become distribution agent for NovaWorld Ho Tram’s precinct

Ho Chi Minh City infrastructure firm seeks to build $1 billion elevated road under PPP mode