Daily Real Estate News Highlights

Vietnam - 23 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.

Colliers News

Facing challenges, hospitality real estate market becomes more fierce

www.vnbusiness.vn

In response to increasing competitive pressure, shrinking market share, and general economic difficulties, Colliers expert commented that foreign investment funds with capital waiting to be deployed & long-term vision may play a smart bet through M&A in the near future.

Nam Dinh to have a new 200-ha industrial park www.vneconomy.vn

Nam Dinh Provincial People's Committee has just approved the construction subdivision planning of Trung Thanh IP, Y Yen district, scale 1/2000. This will be a modern, civilized, multi-industry industrial park, meeting the needs of receiving industrial production facilities…

SBV continues to cut interest rates from May 25

www.baochinhphu.vn

The State Bank of Vietnam (SBV) has just announced a series of interest rate reductions. This marks the third time it has decided to lower operating interest rates since the beginning of 2023.

Exclusive: Vietnam's

-source www.reuters.com

No Va

Land in talks with Credit Suisse, others to restructure debt

Vietnamese property giant No Va Land Investment Group Corp (NVL.HM) is in talks with creditors to restructure part of its $1 billion foreign debt, according to two people familiar with the matter, amid turmoil in one of the country's top industries.

Vietnam - 24 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.

Colliers

Lack of land bank for industrial development

www.diendandoanhnghiep.vn

Despite showing interest, foreign investors still find it hard to find a suitable land bank in Vietnam's Southeast region. Mr. David Jackson, CEO, Colliers (Vietnam) suggests developing IPs under ecological model to better attract quality investments.

India's Adani Group weighs $3 bln investment in Vietnam

www.reuters.com

India's Adani Group is exploring the possibility to invest up to $3 billion in seaport and renewable energy projects in Vietnam, the Vietnamese government said in a statement on Wednesday.

Quang Ngai launches 9 social housing projects for low-income & workers

www.baodautu.vn

Quang Ngai province has 9 social housing projects that are about to be implemented to meet the needs of workers and low-income people.

HCMC to commence a 500-bln-VND bridge connecting District 7 and Nha Be

www.thanhnien.vn

The supervisory delegation of the HCMC Party Committee led by Mr. Nguyen Ho Hai, Deputy Secretary of the HCMC, organized to supervise the disbursement of public investment capital to implement the construction project of the Rach Dia bridge (connecting district 7 & Nha Be District), with a total investment of more than 512.7 billion VND.