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.
Vietnam: FDI attraction sets new record
In the first quarter of 2017, total FDI in the country valued at US$ 7.71 billion, nearly doubling the US$ 3.4 billion ammount recorded in the first two months and up 91.5% against the same period last year, the Foreign Investment Agency (FIA) reported.
Vietnam: Singapore’s Keppel Land ups stake in Saigon Centre for $37m
Singapore-based developer Keppel Land has increased its ownership in Keppel Land WATCO I to V, by purchasing another 16 per cent equity from the Vietnamese JV partner, Southern Waterborne Transport Corporation.
Vietnam wealthy population to grow fastest in the world: forecast
The number of super-rich individuals with a net worth of at least US$30 million will grow faster in Vietnam than in any other country over the next decade, real estate services provider Knight Frank has said.
Tourism will be the key economic sector of Vietnam
With the country’s rice exports set to experience another difficult year in 2017, tourism and foreign-direct-investment (FDI) are looking be the sectors to lift Vietnam’s economy.