VOV.VN - Complicated procedures have been hindering the progress of real estate projects in major cities, insiders have claimed.
Together with Singapore, Malaysia, and Indonesia, Vietnam is one of the first priorities of foreign investors in infrastructure and real estate development.
Though provincial real estate developers are less known than bigger firms in Hanoi, HCMC and Da Nang, they are rivals with powerful financial capability.
On October 13, Mobile network provider Vietnamobile received the three licences for telecom establishment, telecom service provision, and 2G & 3G spectrum usage from the Ministry of Information and Communications to officially deploy its investment under the new joint stock company format.
CapitaLand Vietnam, one of the leading Singaporean real estate developers in Vietnam, has just acquired a prime project in Ho Chi Minh City for $51.9 million.
Nam Long, one of the leading privately-owned real estate developers in Vietnam, has recently launched 450 affordable villas and townhouses under the Valora brand name.
VOV.VN - Sun Group has been named one of the top 10 largest green real estate developers in Vietnam in terms of the aggregate value of work performed over the past year at the BCI Asia Awards.
The cost of building houses is expected to increase due to the recent rise in steel prices, which will in turn likely cause a spike in home purchase prices.