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Tag Archive for ‘Real Estate’

FDI to Vietnam is mostly from Asia, with South Korea ranked first

The great advantages of Vietnam’s business environment and its membership in FTAs and the AEC have helped to attract many investors from Asia. The Ministry of Planning & Investment (MPI) report said that in the first eight months of the year, foreign investors pledged to invest $23.36 billion in Vietnam, an increase of 45 percent […]

Vietnam’s real estate remains 2nd largest FDI lurer

Despite having fallen to the fourth position in terms of foreign direct investment in the first eight months of 2017, the real estate sector remains the second-biggest recipient of this type of investment to date. According to the Ministry of Planning and Investment’s Foreign Investment Agency, between January and August 20, the real estate sector […]

Hanoi eyes basements to solve parking crisis

Hanoi’s People’s Committee recently issued regulations on basement areas for parking at new construction projects in the inner city, part of the effort to tackle the severe parking space shortage. The capital city’s statistics revealed that some 590 parking lots with total area of 38.9ha are currently in use in the downtown area, meeting only […]

Vietnam market to maintain upward trend in September 2017

It’s expected to be a strong September on the local stock market, as investors are maintaining confidence after positive economic data in August and a period of prolonged net buying by foreign traders. The VN-Index on the HCM Stock Exchange increased 2.2 per cent last week, with gains in four out of total five sessions. […]

Savills: Opportunities in underground urban planning

The construction and development of underground urban areas is an indispensable trend in modern urban development, according to Savills Vietnam. In the case of Ho Chi Minh City, the consultancy firm emphasizes the potential for real estate segments to be formed in underground areas. Planning vision According to Savills’ Research Department, the world’s first-ever underground […]

The three biggest risks in doing business in Vietnam

Injecting money in non-core business fields, experimenting in real estate projects, and having a bad financial foundation are the three most significant risks facing the business environment in Vietnam, according to Le Xuan Nghia, a respected economist, and six other businessmen who declined to be named. vietnam economy, business news, vn news, vietnamnet bridge, english […]

Work starts on first Vietnamese automobile manufacturing complex

Prime Minister Nguyen Xuan Phuc attended a ceremony in the northern port city of Hai Phong on September 2 to start the construction of the first Vietnamese automobile manufacturing complex in Dinh Vu – Cat Hai economic zone. Invested by Vinfast manufacturing and trade Ltd company – an affiliate of real estate developer Vingroup, the […]

Standing witness to Vietnam’s rise

On the occasion of Vietnam’s National Day on September 2, VIR gets an insight into foreign CEOs’ thoughts and feeling about the country’s vitality and development, and why Vietnam has become their home away from home. Ronan Le Bihan  CEO at Mango Bay Resort, Phu Quoc In 2002, I was offered a position for the […]

More people in Vietnam search for real estate online

These days, people have shown a tendency to search for property information online, according to a new report of real estate website batdongsan.com. Statistics showed that website traffic hit 10 million per month, three million higher than 2016. The website also witnessed changes in the trend of using devices for searching, with mobile phones accounting […]

Foreign real estate brokers expanding in Vietnamese market

The property market segments which bring the highest profits are mostly controlled by foreign enterprises. In July, ERA Real Estate, a foreign broker, quietly opened five transaction points and one commercial office in the central business district of HCM City. The company now has 300 consultancy officers trained and certified in accordance with international standards. […]