REAL ESTATE TREND 2019 – 2020: OPPORTUNITY IN DIFFICULTY
The real estate market experienced a volatile year. The market was quite quiet in the second half of 2018; however, the overall picture of the 2018 market has many investors optimistic for 2019. According to experts, the market will likely encounter hardships in land fund, capital and administrative procedures, but investors will still find ample opportunities.
HAI PHONG TO BUILD 5-6 INDUSTRIAL PARKS
The northern city of Hai Phong houses 13 industrial parks with 449 projects and intends to build additional five to six others in the coming years. Head of the Hai Phong Economic Zone Management Board Pham Van Moi reported that the city will build five to six industrial parks in the coming time.
DEVELOPMENT TRENDS THAT WILL SHAPE PROPERTY MARKET IN 2019
The real estate market remains strong in 2019 since the economy continues to grow robustly and there is a lot of investment flowing into infrastructure, thus attracting both domestic and foreign investors.
PROPERTY FIRMS OPT FOR BONDS AS BANK LOANS DRY UP
Last month, property developer Vingroup unveiled plans to sell 20 million non-convertible bonds at VND100,000 (US$4.39) each in two phases without any covered warrants or guaranteed assets.
CAN THO’S IZS LURE $112M INVESTMENT IN 2018
Industrial zones in the Mekong Delta city of Can Tho attracted a total registered investment capital of US$112 million last year, 12 per cent higher than the annual target, according to the municipal Industrial Zones and Processing Zones Management Board.
FOREIGNERS ACQUIRE TASTE FOR PROPERTY
Foreigners have been growing more interested in buying houses in Vietnam despite obstacles in ownership.
NGHI SON ECONOMIC ZONE TO BE EXPANDED
The total area of Nghi Son economic zone under planning will increase nearly tenfold to 106,000ha, including almost 66,500ha of land on the mainland and islands and over 39,500ha of sea surface.
FOREIGN INVESTORS POURS $321 MILLION INTO VSIP QUANG NGAI
Four foreign companies will be injecting $321 million of new investments in VSIP Quang Ngai. The investment registration certifications were presented to the companies at the VSIP Quang Ngai Investors’ Gathering and Investment License Presentation event.
