real estate

Update news real estate

Foreign investors cautiously optimistic about real estate market

VietNamNet Bridge – Though many foreign investors have announced investments in new apartment projects, they are unsure about the sustainable recovery of the property market.

Foreign investors encounter risks in real estate

 VietNamNet Bridge – The fall of the real estate market is not only a lesson for domestic investors but also foreign enterprises in Vietnam.

SBV proposes $2.3b package for real estate revival

 The State Bank of Viet Nam has submitted a credit package worth of VND50 trillion (US$2.3 billion) to support the local commercial housing market during its recovery period.

BUSINESS IN BRIEF 19/1

Huawei eyes Vietnam; Thaco leads local auto market last year; Nearly 322 bln VND for rice farming development; Amata to invest in three more projects in Dong Nai; VASEP describes ice-to-fish ratio rule as unreasonable

Real estate warms up as foreigners permitted to buy houses

 VietNamNet Bridge – By ratifying the revised Housing Law, allowing foreigners to buy houses in Vietnam, the National Assembly has helped the rich in Vietnam, which will in turn receive big benefits.

Asian developers turn their backs on once-hot property sector

 VietNamNet Bridge – Several years ago, more South Korean and Japanese investors arrived in Vietnam, ready to pour more money into property projects.

BUSINESS IN BRIEF 21/9

Vietnam attracts US$10 bil in FDI in eight months; Japanese firm keen to invest in Dung Quat EZ; Office rentals in Vietnam higher than Malaysia, Philippines; Experts talk up VN as investment destination; Real estate signals recovery

Opportunities of second M&A wave

VietNamNet Bridge – The second wave of mergers and acquisitions, forecast for the 2014-2018 period, is expected to be on a larger scale compared to the previous one with total value of successful transactions possibly reaching 20 billion USD.

BUSINESS IN BRIEF 10/9

 Ministry announces banned trades; Real estate experts forecast further decline in housing market; Goods prices same as petrol falls; Food & beverage exhibit to open; Slow economic growth jeopardises annual goal

BUSINESS IN BRIEF 22/8

Vietinbank pledges $81.9m for highway; Businesses unaware of competition rules; Outlook positive for local markets; HCM City hosts Int’l franchise exhibition; Vietnam to cut tax paperwork to 171 hours in 2015; Korean coffee shop chain enters Vietnam

M&As stymied by legal grey areas

VietNamNet Bridge – Real estate is one of the most difficult sectors for mergers and acquisitions due to a weak legal system, opaque market, complicated procedures and differences in price evaluations. 

BUSINESS IN BRIEF 15/7

 Spain to invest in rubber latex factories in Binh Phuoc; FDI to real estate surges 65 percent in H1; Timber shipments to Middle East surge sharply; HCM City market attracts giant foreign retailers

Nearly $700 million in foreign capital invested into real estate

VietNamNet Bridge – In the first half of 2014, there were 16 new real estate projects, with an increase of nearly 64 percent of total registered capital compared to the same period in 2013.

BUSINESS IN BRIEF 17/6

 Binh Duong: All affected businesses re-operate; Coca-Cola bubbles with joy over first profits; HCM City to establish special economic zone; EPZs pledge to help foreign firms

BUSINESS IN BRIEF 8/6

 Rice exports to China up in volume, value; Vietnam, Russia accelerate interbank payments; Vietnam endorses investment protection agreement with Palestine; Hanoi named in Asia-Pacific top crowded retail markets

BUSINESS IN BRIEF 26/5

 Mekong Delta targets reduction in post-harvest loss; HCM City-based firms need 20,000 workers in June; Danang luxury real estate projects hit brick wall; PM urges ministries to support enterprises

Chinese “capital flight” drives cash towards Vietnamese real estate market

 VietNamNet Bridge – So-called “Chinese capital flight” – that is, Chinese investors fleeing from China– may cause the flow of Chinese capital into Vietnam to soar in the years to come.

The strongest capital flow to real estate sector is from China

 VietNamNet Bridge – Cash from China and Chinese-speaking territories has been and will continue to be the main funding source for the Vietnamese real estate market, analysts say.

Foreign real estate developers returning to VN, cautiously

 VietNamNet Bridge – Foreign direct investment into the real estate sector in Vietnam is expected to resume in the days to come. But investors would be well-advised to listen to the news carefully before injecting money.

BUSINESS IN BRIEF 21/4

 Agriculture trade complex for Hanoi to take shape; Vietnamese seafood to China under pressure; VN firms lax in using trade barriers; Nation in need of industrial push; Investors returns to high-end real estate