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Vietnam’s real estate inventory surges 38% on legal obstacles, ...
When the real estate legal challenges have not finished, property developers get a harder hit from coronavirus outbreaks.
Real Estate
Flood could cost Vietnam’s biggest city $8.4 billion real estate damage by 2050
Ho Chi Minh City, Vietnam’s biggest metropolis, faces an increasing risk of flood disasters given rapid infrastructure expansion driven by economic growth, according to McKinsey Global Institute.
Ho Chi Minh City considers pre-feasibility study for $1.66bln metro line No.5
The city government asked the Department of Planning and Investment to proceed the pre-feasibility study report of metro line no.5 with the total investment capital estimated at $1.66 billion.
Industrial estate to thrive as multinationals leave China
Vietnam’s industrial real estate will benefit as foreign investors move production out of China after the Covid-19 pandemic, industry insiders say.
- Vietnam real estate market: real prices waiting for real buyers 1
- CapitaLand's unit buys 18.9ha residential project from Becamex IDC 2
- Vietnam's real estate companies' funds drop to their five-year low 3
- Resort real estate: Overcoming hot fever, treating cold fever 4
- Dong Khoi Street (HCMC) is the 13th-most expensive place to rent in the world 5
- Real estate developers increase sales on lower interest rates 6
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Ho Chi Minh City seeks gov’t approval to build third metro line worth $3bln
The government of Ho Chi Minh City is seeking prime minister’s approval to the metro line numbered 3A linking the city’s downtown Ben Thanh and Tan Kien in Binh Chanh district.
Ho Chi Minh City sets up steering board on eastern innovation district development
The city government has decided to establish the steering board on building the highly interactive innovation district in the eastern part of the city covering Districts 2, 9 and Thu Duc.
800 real estate trading floors closed due to coronavirus impacts
Eight hundred of Vietnam’s 1,000 real estate trading floors have closed after demand slumped due to the coronavirus pandemic.
Vingroup steps into industrial real estate
Vingroup has restructured a startup venture into an industrial real estate investment unit, identifying it as a new growth pillar.
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A $5.4 billion mega-city project near Hanoi awaits government’s ...
The government of Bac Ninh is seeking approval to build a $5.4 billion mega-city to promote ecological tourism, resort, entertainment, and residential areas on 1,700 hectares of land in Tien Du district.
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Vietnam allows real estate developers to build 25-square-meter ...
Real estate developers in Vietnam is allowed to build apartments with the minimum area of 25m2, according to Ministry of Construction's decision that will take effect on July 1.
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Novaland seeks ministry intervention to revive multi-million dollar HCMC ...
Real estate developer Novaland has asked the Ministry of Construction for help in resuming work on a stalled 32-hectare project in Saigon.
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Thailand’s Dusit International to build lakeside hotel in Vietnam
Dusit International has signed an agreement with Vietnamese real estate developers General Technology JSC to build and operate Dusit Tu Hoa Palace near West Lake, Hanoi.
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As many as 598 Vietnam’s real estate firms register to quit in 2019
Number of real estate firms in Vietnam registered to suspend operations has increased by almost 37% to 598 enterprises in 2019, according to data from Ministry of Planning and Investment.
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Land price expected to fall by 10 – 30% in 2020: ministry
Price of land plot is expected to drop by 10 - 30% due to the insufficiency of real demand, according to Ministry of Construction.
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WeWork opens 2 new locations in Ho Chi Minh City: VnEcocomy
Second and third locations at Somatus and Lim Tower 3 join first at E.Town Central.
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Da Nang wants $2 bln golf course, horse racing track: VnExpress
Da Nang City has proposed a golf course and a horse racing complex with a total investment almost $2 billion, with construction to start this year.
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Vietnam central bank tightens real estate lending
The State Bank of Vietnam decided to shorten lending to real estate projects by gradually lowering the maximum ratio of short-term capital used for mid- and long-term lending.
