Global startups are using their technology and experience to transform Vietnam's budget hotel market.
The domestic hotel industry will face many challenges during development, especially in the application of technology, according to an expert from Savills Vietnam – a foreign property service provider in Vietnam.
Industrial properties are forecast to meet the needs of foreign direct investment (FDI) enterprises in Vietnam, according to Savills Vietnam’s industrial market report.
VOV.VN - The real estate market of Danang city enjoyed thriving developments in three key segments during the first half of 2019, as reported by real estate service provider Savills Vietnam.
Industrial property in Vietnam is stepping into the spotlight with the signing of the EU-Vietnam Free Trade Agreement.
The EU-Vietnam Free Trade Agreement (EVFTA) has a positive impact on Vietnam's real estate market, especially the industrial real estate, said experts from Savills Vietnam.
VOV.VN - With ASEAN’s third largest population of over 94 million people yet the region’s lowest urbanisation ratio of 36 per cent in 2018, Vietnam and its property market have the potential to surpass regional peers, foreign-invested real estate services provider Savills Vietnam has said.
The Vietnamese property market is proving more attractive to foreign investors all across the board, with international investment funds out for profit-generating properties and investors looking for domestic partners to co-invest a range of projects.
VOV.VN - Hanoi continued to see fierce competition among retail properties during the first quarter of 2019, partially due to an additional 16,000 square meters from an inner-city project, reported Savills Vietnam.
The office market in Hanoi was expected to face a shortage of supply with competition between offices for lease and co-working spaces likely to rise in the future, but was performing well at present, according to experts.
Property consultancy Savills Vietnam on March 28 launched the Savills Property Management System (SPMS), which provides a new technology platform connecting property investors and house-buyers.
Attractive profits are finally bringing overseas buyers and investors back to the luxury apartment segment after a period of relative inactivity.
Vietnam’s status as one of the fastest-growing economies has spurred overseas investors to target the nation’s real estate, alongside a rapidly growing cohort of well-heeled domestic buyers, eager to put hard currency into property, Bloomberg reported.
Though the government’s policies have contributed significantly to raising the interest of foreign investors in the Vietnamese real estate sector in recent years, experts suggested revisions are needed to make the market more attractive to the investors.
Foreign investment has continued to be poured into Vietnam recently, creating a driving force for industrial property development in 2019, said insiders.
VOV.VN - The housing market of Ho Chi Minh City has been driven by the soaring demand for apartments, particularly those at the cheaper end of the market, according to the real estate service provider Savills Vietnam.
With banks tightening credit to the property sector, developers should look at the stock market for capital, experts told a workshop on “Potential and opportunities for investment in property stocks on November 30.
The third quarter of 2018 saw apartment liquidity in Saigon fall to the lowest level in six consecutive quarters.
Authorities should closely monitor the import and export of goods, including goods origin, to prevent customs declaration fraud, a seminar heard in HCM City recently.
Once banks restrict lending, this will affect the real estate market. However, experts believe that no negative impact on the market will occur.