Latest News

Vietnam: M&A in real estate hikes early in year The number of mergers and acquisitions in Vietnam’s real estate market has increased considerably in the first four months of this year, and the figure is expected to see continued growth throughout 2017.

Buying into Vietnam’s sizzling market Singaporean businessman and property investor Alvin Ong relocated with his family to Ho Chi Minh City in Vietnam in 2012. Ong, who is married to a Vietnamese citizen and a father of four, says, “It’s a slower pace of life.”

Vietnam - A Hot Investment Destination Since the Vietnamese government relaxed its foreign ownership rules in July 2015, the country has become a hot investment destination for Singapore companies. In 1Q2017, Singapore was the largest contributor of foreign direct investment in Vietnam, after South Korea. Singapore property groups such as CapitaLand and Keppel Land entered Vietnam more than two decades ago.

Vietnam: Association sees busier property market in Q2 Viet Nam’s property market will see more sale launches and transactions in the second quarter of this year, the Viet Nam Real Estate Association has forecast.

Vietnam:Travel boom brings more direct flights to Da Nang in busy year The city is stealing some of the spotlight from Hanoi and Saigon.

Untapped opportunities in Asia Investors should look at Sri Lanka, Cambodia and Vietnam to find their next pot of gold, say experts.

Vietnam: Sun Group confirmed as sole casino operator in Van Don A recent document issued by the Quang Ninh People’s Committee stated that real estate developer Sun Group is the only one chosen to develop a casino in Van Don Economic Zone.

Apple taking the first steps into Vietnam Apple may invest $1 billion in Vietnam to build a research and development centre for the entire Asia region.

ADB revises up Vietnam economic growth forecast for 2017 The new growth rate is still lower than the target set by the government of 6.7 percent last year.

Vietnam: VNREA pushes for low-cost housing policy The Việt Nam Real Estate Association (VNREA) has again proposed that the government formulate policies for developing small, inexpensive apartments smaller than 75sq m and cheaper than VNĐ15 million per sq m.

Malaysians firms look to expand business into VN Up to 38 per cent of Malaysian enterprises chose Viet Nam as their favoured expansion destination in Southeast Asia, the United Overseas Bank’s (UOB) Asian Enterprise Reports 2016 shows.

CapitaLand to ramp up presence in Vietnam, acquire more sites Singapore-based realty major CapitaLand is ramping up its presence in Vietnam with plans to acquire more sites for residential projects as well as developing a Raffles City in Ho Chi Minh City.