Daily Real Estate News Highlights

Vietnam - 18 May 2023

Top Daily Updated Real Estate News

Colliers Vietnam’s Real Estate Highlights is the daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

M&A in real estate tends to increase

www.vovgiaothong.vn

According to statistics, more than 1.7 billion USD is the total value of real estate M&A deals in Vietnam in 2022 - the highest level in the past 5 years. In 2023, the M&A trend is projected to continue as a solution to "surmount difficulties" by accelerating the restructuring of projects and diversifying domestic and foreign investment capital sources.

Ba Ria – Vung Tau removes obstacles for its real estate market

www.tienphong.vn

The People's Committee of Ba Ria-Vung Tau province requested departments and localities to implement solutions to remove and promote the safe, healthy and sustainable development of the real estate market, strictly complying with regulations on planning and programs. housing development for social housing development.

Longer e-visa validity will boost tourism: Govt

www.english.thesaigontimes.vn

The Government said that the proposal for extending the e-visa validity to 90 days would help attract foreign tourists and investors who want to explore investment opportunities in Vietnam.

Boeing boosts footprint in Vietnam with permanent office

www.vir.com.vn

With the opening of permanent office in Vietnam, Boeing has demonstrated its strong interest and long-term commitment to Vietnam. Dr. Brendan Nelson, president of Boeing Global, and Michael Nguyen, managing director of Boeing Vietnam, spoke with VIR’s Bich Thuy about the future plans of the company.

Vietnam - 19 May 2023

Top Daily Updated Real Estate News

Colliers Vietnam's Real Estate Highlights is the daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

The Ace helps the profit of the listed real estate group to peak in 5 years

www.doanhnghiepkinhdoanh.doanhnhanvn.vn

Despite the general challenging market context, the listed real estate group increased revenue by 39% and profit by 66% in the first quarter of this year. In which Vinhomes Joint Stock Company is viewed as the Ace, accounting for more than 79% of the group's earnings in 5 years, amounting to 11,917 billion VND.

US automaker Polaris commences construction of northern Vietnam factory

www.theinvestor.vn

The U.S.-based Polaris, an automaker conducted a groundbreaking ceremony for its factory in Vinh Phuc province on Wednesday. The 12-hectare factory in Ba Thien II Industrial Park, Binh Xuyen district, has a total investment of $40 million and is set to employ 600 local employees.

Binh Duong issues new regulation on separating land plots

www.baodautu.vn

The People's Committee of Binh Duong province has just issued Decision No. 12/2023/QD-UBND stipulating the conditions for land plot separation, consolidation, and minimum area for each type of land in Binh Duong province.

Officially launch Nha Trang - Cam Lam and Vinh Hao - Phan Thiet expressways

www.vnexpress.net

On May 19, the 49 km long Nha Trang - Cam Lam highway in Khanh Hoa and the more than 100 km Vinh Hao - Phan Thiet highway in Binh Thuan were both opened to traffic.

High rents remain in available retail spaces

www.vneconomy.vn

Many retail spaces for rent in the center of District 1, HCMC have been vacant for a long time, but the price has not been reduced, even though the rental price is up to more than half a billion VND/month.