Central Khanh Hoa Province has ordered a real estate developer to terminate 20 contracts selling apartments to foreigners, saying the sale was unauthorized.
Vietnam’s industrial zones have been attracting attention from foreign investors thanks to its robust economic growth, abundant workforce, and the signing of various free trade deals which are expected to form a more favourable business climate, according to the latest report from Jones Lang LaSalle (JLL).
Minister of Construction Pham Hong Ha said at the meeting of the National Assembly early this week that his ministry and the Ministry of Natural Resources would complete regulations relating to condotel and officetel this year.
Former leading property developer Hoang Anh Gia Lai is moving out of real estate as it focuses increasingly on agriculture.
Vietnam is welcoming a strong wave of investment in the property market from Japanese businesses, TMS Homes General Director Nguyen Xuan Huong said on April 4.
Foreigners have been growing more interested in buying houses in Vietnam despite obstacles in ownership.
Saigon leads Vietnam in real estate interest, drawing 300 million internet searches in the last 12 months.
A wide range of products and services related to real estate, architecture and interior and exterior decoration will be showcased at the Vietbuild International Exhibition which will be held in Ho Chi Minh City from September 26-30.
VOV.VN - A large fire on September 17 caused devastating losses for residents living at De La Thanh Street as 19 houses caught fire and at least six were completely destroyed.
Top leaders of Vietnam have expressed sympathy with their Lao counterparts over the great losses in humans and property caused by the collapse of Xepian-Xe Nam Noy hydropower dam in the Lao province of Attapeu on July 23.
The HCM City housing market will continue to grow this year, especially the VND1 billion (US$44,000) condo segment, the HCM City Real Estate Association (HoREA) has predicted.
Analysts expect the real estate market, especially the residential land segment, to continue to grow solidly this year thanks to huge infrastructure works in many places around Vietnam accompanied by a raft of property developments.
Next year is likely to be a fiercely competitive one for real-estate companies in Ho Chi Minh City since scores of new projects are set to hit the market, analysts said.
Strong economic growth, rapid urbanization and huge demand for housing are expected to create favourable conditions for the property and construction sectors to thrive in the time to come.
VOV.VN - On December 26 the relevant authorities of Bac Lieu Province were directed to transfer those who had taken refuge from Typhoon Tembin back to their homes as the danger has passed and they are now free to resume their normal lives and production.
Prime Minister Nguyen Xuan Phuc has told the Australian property group Sakkara that there are huge investment opportunities for the group in Vietnam.
The CARE International in Vietnam on October 31 launched activities to support flood-hit residents of the northern mountainous province of Hoa Binh to overcome consequences of severe floods in early October.
Real estate, architecture and interior and exterior decoration companies will showcase their latest products at Vietbuild International Exhibition to be held in HCM City from September 27 to October 1.
President Tran Dai Quang on September 20 offered his sympathy to his Mexican counterpart Enrique Peña Nieto over the heavy losses in human lives and property caused by the strong earth quake on September 19.
On August 2, the Government Standing Committee met to discuss the proposed law on special administrative-economic units and changes in the land law concerning foreign ownership of property.