HCM CITY INDUSTRIAL PARKS, EXPORT PROCESSING ZONES NEED REVAMP TO ATTRACT INVESTMENT
There are 17 industrial parks and processing zones in the city and they have an occupation rate of 68 per cent, with specialised industrial parks, except the Quang Trung Software City, not attracting much interest from enterprises.
ENCOURAGING SIGNS IN REAL ESTATE ARENA
Due to orders from local authorities to avoid holding public events during the current global coronavirus scare, real estate developers have been delaying their launch ceremonies to introduce products to the market. Buyers are instead seeking information via online channels rather than such events.
NEWLY ISSUED DECREE 25 UNPLUGS BOTTLENECKS FOR REAL ESTATE PROJECTS
Decree No.25/2020/ND-CP (Decree 25) issued by the prime minister on February 28, 2020 has broken through the biggest obstacles facing real estate projects nationwide in land bidding and implementation.
HAI PHONG EYES NEW INDUSTRIAL ZONES THIS YEAR
Among these zones are the 752ha Xuan Cau-Cat Hai industrial and non-tariff zone worth more than VND14.1 trillion (US$61 million), and the 93.3ha Cau Cuu-An Lao IZ expected to cost VND845 billion ($36.3 million). The two projects are being verified by the Ministry of Planning and Investment and will be submitted to the Prime Minister for approval later.
HO CHI MINH CITY LUXURY RESIDENTIAL MARKET SHOWS BRIGHT PROSPECTS FOR 2020
Property Insight – a multi-dimensional and in-depth information channel on the real estate market – in collaboration with CBRE Vietnam, recently organised the Property Insight – Residential Market Outlook for 2020 seminar. The programme provided investors, real estate developers, and homebuyers an overview of the domestic market in 2019 and forecasts for 2020.
HCM CITY PROPERTY MARKET A MAGNET FOR FOREIGN INVESTORS
Besides, foreign investors would insist on higher standards, which would require Vietnamese property businesses to raise their standards and improve transparency, he added.
LOCAL PROPERTY MARKET TO RECOVER THIS YEAR
Nguyen Tran Nam, chairman of the Viet Nam Real Estate Association, was quoted by dantri.com.vn as saying that Viet Nam’s real estate market was in a good place to grow this year and beyond thanks to the strong development of the macro-economy.
DONG NAI WANTS TO TRANSFORM BIEN HOA 1 INDUSTRIAL PARK INTO SMART CITY
The plan to change the land use purpose of Bien Hoa 1 IP has been delayed for 10 years now because parties failed to negotiate a roadmap for compensation. The initial plan, under which the province was to shut down the IP by 2020, has failed after complications in administrative procedures. The province estimated that it may take VND15 trillion ($652.17 million) to switch the function of the IP.
