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Daily Real Estate News Highlights

Vietnam - 15 February 2023

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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

It takes 29 years to buy a house in Ho Chi Minh City

www.congluan.vn

Demand gets weak while selling prices of apartment show no sign of decrease. According to Mr. David Jackson - CEO, Colliers (Vietnam), the slowdown of housing market has hindered many economic sectors. New investment channels should be considered to ease the capital outflow, yet legal framework and tax regulation are required.

THACO to commence 24 realty projects in 2023, earn

VND126,000 www.cafef.vn

Billion From Automobiles And Agriculture

The conglomerate aims to be a multi-industry industrial group. In real estate segment, the company is promoting legal work to commence 24 commercial and infrastructure projects, and handover 3 projects. The total investment value disbursed in 2023 is 6,731 billion VND.

Shopee predicts 3 consumer trends in Vietnam in 2023 www.dantri.com.vn

Three outstanding consumer trends expected to impact the digital economy in Vietnam in 2023, include the rise of time usage and proficiency on digital service platforms, the increase in the use of digital consumer services in small cities, and young people to become the main group of digital users.

Thai Binh breaks ground on VND2,214-bln Hai Long IP

www.congthuong.vn

On February 15, Bao Minh Industrial Park Infrastructure Investment JSC broke ground on Hai Long Industrial Park - Thai Binh Economic Zone. The project has a total infrastructure cost of VND 2,214 billion and is planned up to 7,000 ha of industrial land.

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