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Daily Real Estate News Highlights
Vietnam - 17 March 2022
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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.
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Real estate businesses 'racing' to handover to customers
www.dothi.reatimes.vn
According to Mr. David Jackson, CEO, Colliers (Vietnam), it is very important for real estate developers to speed up the handover of projects to not only affirm the investor's capacity but also help maintain their prestige to the customers.
A roadmap needed to find the land market value
www.vietnamplus.com
Experts assess that a roadmap in determining land prices should be piloted in 3-5 years then replicated from 2026. In other countries, it also takes 5-10 years to determine the net market value of land. Direct comparison – adjustment coefficient – quantitative regression should be considered as the three key methods of land valuation.
Vietnam looks to ease visa requirements to woo more tourists
www.bloomberg.com
Prime Minister Pham Minh Chinh ordered ministries and sectors to amend and complete policies on immigration procedures, increase the number of countries exempted from visas and extend the duration of stay in accordance with reasonable fees, and expand e-visas.
Analysis: Chinese suppliers race to Vietnam as COVID let-up opens escape route from Sino-U.S. trade war
www.reuters.com
Since December 2022, Chinese firms spent the first 50 days of 2023 investing in 45 new projects in Vietnam, the most from a single country. With big-name players already in the country, attracted by its free-trade agreements and proximity to China, the companies making up the current wave of investors are mostly smaller suppliers to those larger firms, industry experts said.