INDUSTRIAL PROPERTY: STRONGER TIES BETWEEN LOCAL AND FOREIGN CORPORATIONS
2017 has been another remarkable year in the manufacturing and industrial sector and 2018 will continue to see high demand for industrial and logistics properties with strong investments from operators, occupiers, and owners.
HCM CITY REAL ESTATE MARKET REMAINS ON GROWTH PATH
The HCM City property market is expected to remain strong this year thanks to the country’s robust economic growth last year. According to American real estate services firm John Lang LaSalle, mergers and acquisitions in the sector will continue to attract great interest among international investors, especially Japanese, Singaporean, Chinese and South Korean companies, and could reach record levels of almost US$2 billion, up from $1.5 billion last year.
PROPERTY MARKET 2018: GREAT OPPORTUNITY FOR BUSINESSES
Driven by growth momentum of the property market in 2017 and coupled with the miraculous rally of the stock market, the property market will continue a positive prospect for 2018. Particularly, in 2018, the Government will complete mechanisms, characteristics and development orientations for three special administrative economic zones - Van Don (Quang Ninh province), Van Phong (Khanh Hoa province) and Phu Quoc (Kien Giang province) in addition to the adoption of specific mechanism for the economic development of Ho Chi Minh City.
PROPERTY MARKET GETS $77.6MN IN FDI IN JANUARY
Foreign investors pumped in a total of US$77.6 million in the real estate market in January, according to statistics of the Foreign Investment Agency. The real estate sector ranked third among 19 sectors with foreign direct investment (FDI) in January, attracting 6.2 per cent of the total registered FDI.
CẦN THƠ SEEKS INDUSTRIAL PARK INVESTORS
he Mekong Delta City of Cần Thơ’s Trade and Investment Promotion Centre plans to promote investment in the Việt Nam – Japan Industrial Park this year, according to Nguyễn Khánh Tùng, director of the centre.
HCMC INDUSTRIAL ZONES SEEK $900M THIS YEAR
The HCM City Export Processing Zones and Industrial Parks Authority (Hepza) hopes to attract new investment worth US$900 million this year. More than 60 per cent is targeted in four technology-oriented industries -- food processing, chemical-rubber, mechanical, and information technology and supporting.
ASSOCIATION PROPOSES HOUSING STIMULUS PACKAGE
HCM City Real Estate Association has proposed the State Bank of Viet Nam should raise a stimulus package similar to its previous VND30 trillion (US$1.3 billion) preferential home loan package.
MA IN REAL ESTATE SECTOR TO INCREASE IN 2018
Merger and acquisition (M&A) deals in Viet Nam’s real estate sector are forecast to increase in 2018, driven by the market’s significant potential, experts said.
