Business News

[18-06-2015] The investors of an integrated township and industrial park project in the central Binh Dinh Province plan to carry out a survey of the project's construction area on June 19. The investors are the Investment and Industrial Development Corporation Group (Becamex IDC) and the Viet Nam-Singapore Industrial Park Joint Venture Company (VSIP), the provincial Investment Promotion Centre said.

[17-06-2015] The Nghi Son Economic Zone in the central province of Thanh Hoa is expected to become a multi-sector industrial complex focusing on petrochemical refineries and basic industries in the near future.

[10-06-2015] The Vietnam property market is becoming more vibrant, which helps increase the liquidity of the market. As the supply and demand of the market are growing, competition will become fiercer; supply continues to be raised and people believe that the market is entering a new race.

[08-06-0215] The high-end property segment is warming up along with the recovery of the realty market this year. Many high-profile projects have started construction or have been released for sale, attracting a large number of buyers due to the promise of profits.

[05-06-2015] Foreign investors have shown rising interest in Vietnam’s property market due to a lack of alternative markets and the nation’s attractive rental yields, said a CapitaLand senior executive. With the lacklustre performance of real estate markets in the region, Vietnam has the high possibility of taking over other regional property markets.

[04-06-0215] Viet Nam's leading real estate developer and fund manager Indochina Land has announced its exit from a portion of its Indochina Land Holdings 2 (ILH2) portfolio. The property company said several assets have been sold, as part of its unwinding process, to a fund managed by Gaw Capital Partners (Gaw), a real estate fund manager head-quartered in Hong Kong.

[02-06-2015] Foreign industrial zone developers are leading the way in the development of eco-industrial parks (EIZ) in Vietnam. VSIP Nghe An is expected to kick off this September, according to Nghe An provincial authorities. This will be an EIZ to cover an area of 1,400 hectares with investment capital of VND3 trillion in the first phase of the project.

[01-06-2015] A credit package worth some VND20 trillion (US$952.38 million) will be released to support homebuyers interested in commercial and urban housing projects, reported Xay Dung, the Ministry of Construction's e-paper. The ministry made the announcement in a document sent to the government office, whereby it approved the lending programme suggested by the State Bank of Viet Nam.