REAL ESTATE MARKET: SEVERAL POSITIVE SIGNS IN Q2
The Vietnam Real Estate Association (VNREA) said that since banks raised long-term deposit rates (through certificates of deposit), lending rates have been placed under growing upward pressures. This may adversely affect the real estate market. However, the second quarter is expected to witness better performance.
HA NAM AIMS TO ATTRACT 150 PROJECTS IN FOUR YEARS
The northern province of Ha Nam aims to lure 130-150 projects to its industrial parks (IP) in 2017-2020, with total investment of up to VND50 trillion (US$2.19 billion), including US$1.5-1.8 billion in foreign investment.
LONG AN TAKES LEAD IN ATTRACTING FDI IN MEKONG DELTA
The southern province of Long An has launched a number of measures to improve the investment environment and raise the provincial competitiveness index (PCI). By 2020, the province strives to become a modern and sustainable industrial province.
FOREIGN CAPITAL FLOWS INTO REAL ESTATE
In the first quarter of 2017, foreign direct investment (FDI) flows kept moving strongly into the real estate market, showing the rising heat and appeal of the Vietnamese property sector. According to Professor Dang Hung Vo, to avoid being sent to a disadvantage in the current context and trend, real estate investors must raise their professional capacity and management capacity, and grasp customer psychology and tastes.
HOI AN STARTS $44.2 MILLION TOURISM PROPERTY PROJECT
Quang Nam Province has begun construction of the Hoi An Royal Residences project, with total investment of VND1 trillion (US$44.2 million) in Cam An Commune in the suburbs of Hoi An City.
TAN PHU TRUNG INDUSTRIAL ZONE - DESTINATION FOR INVESTORS SEEKING LONG-TERM STABILITY AND SOLID FUTURE
Tan Phu Trung Industrial Zone is located in the Northwest of Ho Chi Minh City, planned to be a trade gateway to global trade of the city and the southern key economic zone. After more than 10 years of construction and development, as a catalyst for boosting economic, trade and investment cooperation between Ho Chi Minh City of Vietnam and international partners, Tan Phu Trung Industrial Zone has made positive contributions to the overall industrial output value of Ho Chi Minh City.
HA NAM GETS APPROVAL OF REVISED INDUSTRIAL ZONE PLANNING
The Prime Minister has given the nod to several revisions to the development planning of industrial zones in Ha Nam province by 2020. Specifically, the PM approved the expansion of the Dong Van I and II industrial parks to 371ha and 339ha, up 162ha and 18ha, respectively.
CITY PROPERTY FIRMS AIM FOR COOPERATION, STABILITY
HCM City needs better co-operation among the State, developers, builders, material suppliers and banks to improve the local property market, the HCM City Real Estate Association has said.
