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PROPERTY / INDUSTRIAL ZONE

REAL ESTATE FIRMS AGGRESSIVELY RESTRUCTURING BOND DEBT

From the start of 2024 to July 5, the market saw 133 private placements and ten bond public offerings, totalling over VNĐ140 trillion. 65.6 per cent of this value was from the banking sector, while real estate bonds accounted for only 24.6 per cent, or over VNĐ34.5 trillion.

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PROPERTY / INDUSTRIAL ZONE

VIỆT NAM TARGETS FULL MOBILE BROADBAND COVERAGE ON HIGHWAYS, INDUSTRIAL ZONES BY 2025

By 2025, Việt Nam aims to achieve one hundred per cent mobile broadband coverage on all national highways, expressways and railways under a plan to enhance the quality of Việt Nam’s mobile telecommunications network by 2025, which has been approved by the Ministry of Information and Communications (MIC).

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PROPERTY / INDUSTRIAL ZONE

CAPITAL FLOWS STRONGLY INTO INDUSTRIAL REAL ESTATE

Industrial real estate has had easier access to bank credit since July, when the State Bank of Vietnam (SBV) reduced the credit risk coefficient for industrial real estate from 200 per cent to 160 per cent, encouraging commercial banks to lend to more projects in the segment.

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PROPERTY / INDUSTRIAL ZONE

LAND LAW 2024 DISSEMINATED TO VIETNAMESE COMMUNITY ABROAD

The Ministry of Foreign Affairs' State Committee for Overseas Vietnamese (SCOV) in coordination with the Hanoi Bar Association organised a conference on June 27 to popularise regulations and laws regarding the Land Law 2024 of Vietnam to overseas Vietnamese (OVs).

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PROPERTY / INDUSTRIAL ZONE

INDUSTRIAL PROPERTY EXPANDED TO WELCOME FOREIGN-LED CAPITAL

Large manufacturers continue to see Vietnam as a potential candidate in their supply chain diversification strategies. Big moves in early 2024 included the microchip project of US firm Coherent and a scheme to build warehouses for rent by Singapore’s SLP in the southern province of Dong Nai.

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PROPERTY / INDUSTRIAL ZONE

REAL ESTATE MARKET EXPECTED TO RECOVER IN Q2 NEXT YEAR

Apartment prices have stabilized, and demand has cooled. However, apartments remain the most liquid assets among real estate products, with stronger interest in Hanoi and HCMC, the Vietnam News Agency reported, citing Nguyen Quoc Anh, deputy general director of the local realty website batdongsan.com.vn.

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PROPERTY / INDUSTRIAL ZONE

APARTMENT RENTAL PRICES ON THE RISE IN COUNTRY’S LARGEST CITY

According to a report by JLL, rental prices for apartments in the city increased by 1.6 per cent quarterly and 5.9 per cent annually in the first three months, averaging 10 USD per square metre per month, particularly in new high-quality developments.

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PROPERTY / INDUSTRIAL ZONE

MEETING DISCUSSES NEW REGULATIONS FOR REAL ESTATE BUSINESSES

According to the Ministry of Natural Resources and Environment (MoNRE), new provisions will allow investors to implement construction works to prevent land erosion within their projects. The land created or reclaimed by such construction works would be given to the investors' use for a fee, without the need to go through auctions.


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