Business News

[08-06-2016] Industrial zones attracted nearly US$150 billion in foreign direct investment (FDI) for 7,540 projects till May, a report by the Ministry of Planning and Investment's Economic Zones Management Department revealed.

[03-06-2016] As many as 2,500 hotel rooms were provided from six large projects operating in hotel management and hospitability industry in the first half of 2016 in the central city of Da Nang. 89% of the rooms was built in Riverfront Condotel Vinpearl Da Nang, Ariyana Beach Resort & Suite Da Nang, Alphanam Luxury Apartment and Ocean Suite (Zone B) projects.

[31-05-2016] Rising demand in Viet Nam's residential segment is expected to sustain solid growth in the construction industry, though delays to accompanying infrastructure projects and tighter credit conditions could slow the pace of development.

[23-05-2016] Vietnam’s real estate market has been experiencing something of a heatwave over the past few months. JLL Vietnam country head, Stephen Wyatt, said that with the economy back on track, the property market had gathered momentum over the past 18 months, focused mainly on the residential sectors in major cities like Ho Chi Minh City and Hanoi.

[18-05-2016] The domestic property market this year would see “hot” development as Viet Nam would be one of five best prospective markets in the Asian region, experts said. Marc Townsend, CBRE Viet Nam Director told the “Real Estate Conference 2016: New Hopes, New Challenges” held in Ha Noi yesterday that the country’s real estate market had gradually recovered from the global financial crisis in 2008.

[16-05-2016] The real estate market in HCM City is on track to bounce back, but its sustainable development will only be ensured if housing demand from low-income and average-income earners is satisfied, a report from the HCM City Real Estate Association has said.

[07-05-2016] The property market in the western region of Hanoi is becoming a "hot spot" on the real estate market in the capital city of Vietnam as a series of new big property projects invested by giant developers like Vingroup, TNR Holdings and FLC are embarked in addition to the resumption of long-postponed capital-short projects.

[04-05-2016] Vietnam is becoming an attractive profit-generating market for investment in Southeast Asia, with a low interest rate, record low inflation in 2015, and the VND exchange rate far better than other currencies in the region.