GOV’T OKAYS PLAN TO ESTABLISH NATIONAL HOUSING DEVELOPMENT FUND
The Government has given the nod to the establishment of a National Housing Development Fund to support the construction of social homes, worker accommodations, and affordable apartments for people who are under 35 years old. Deputy Prime Minister Ho Duc Phoc chaired a meeting on April 21 to review the proposal, which was submitted by the Ministry of Construction and other relevant ministries, reported the Vietnam News Agency (VNA).
HẢI DƯƠNG'S INDUSTRIAL PARKS ATTRACT $419 MILLION IN Q1
In the first quarter of this year, industrial parks in Hải Dương, including An Phát 1, Kim Thành 2 (Phase 1), Cẩm Điền - Lương Điền, Cộng Hòa, Lai Cách, Lai Vu, Phúc Điền Expansion, Phú Thái, Gia Lộc and Đại An, attracted investment projects totalling about US$419 million. Foreign direct investment (FDI) accounted for $125 million, while domestic direct investment (DDI) reached over VNĐ6.9 trillion ($270 million), according to the Hải Dương Industrial Zones Authority.
HALF LOCALITIES WILL CONVERT EXISTING INDUSTRIAL PARKS INTO ECOLOGICAL MODELS
The eco-industrial park is a special model in which businesses participate in production activities to create green products and optimise resource use. This industrial park model focuses on the connection and cooperation between businesses in the same industrial park to promote symbiotic production activities, ensuring sustainability and contributing to the sustainable development of the industrial sector as a whole.
REAL ESTATE MARKET 2025: RECOVERY TRENDS AND NEW PROSPECTS
The year 2025 is expected to mark a new development cycle in the real estate market in Vietnam. According to experts, this will be a pivotal time, underpinned by a strong recovery, especially in large cities such as Hanoi and Ho Chi Minh City. With a strengthened legal framework and strong government support, the market is set for a period of stable and sustainable growth.
INDUSTRIAL LAND RENTS CONTINUE RISING IN SOUTHERN VIETNAM
Industrial land rents in southern Vietnam are projected to grow by 3-7% annually, while ready-built warehouse rents are forecast to increase by 1.8% per year, according to CBRE Vietnam.
BANKS FACE DIFFICULTIES IN IMPLEMENTING NEW REGULATIONS RELATING TO LAND
In the process of drafting three laws, the Land Law 2024, Housing Law 2023 and Real Estate Business Law 2023, and the decrees and circulars relating to them, the association, along with its member organisations and experts put forward proposals about the legal changes, said Nguyễn Quốc Hùng, VNBA vice chairman and general secretary.
REAL ESTATE BUSINESSES EXPAND INTEREST IN AVAILABLE LAND TO THRIVE IN 2025
Real estate companies are vigorously seeking available land to prepare for a new wave of investment in 2025.
The Ministry of Construction’s October report highlighted that legality, liquidity, and land use fees are the primary considerations for businesses selecting land investments.
VINH PHUC FOCUSES ON SUPPORTING INDUSTRIES TO DRAW FOREIGN INVESTMENT
Established in 2001 on over 16 hectares in Khai Quang Industrial Park, Vietnam Precision Industrial No. 1 Co., Ltd (VPIC1) is a key investor contributing significantly to the province. Affiliated with Eurocharm Group (Taiwan), VPIC1 manufactures components for automobiles, motorbikes, snowmobiles and medical equipment.
