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Daily Real Estate News Highlights

Vietnam - 28 March 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.

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M&A: 'a step forward' for the real estate market

www.toancanhbatdongsan.com.vn

Experts estimate that 2023-2024 may be a boom period in M&A.

Stalled projects due to land valuation, how to resolve?

www.tuoitre.vn

The Chairman of Vietnam Valuation Association explained why many projects cannot hire a land valuation consultant. The projects may not be qualified or informative enough while there is no specific mechanism to protect the consultancies. The property owners may require the land prices, making the process no longer objective.

Do not add regulation on apartment ownership term

www.nld.com.vn

An office building projectcommercial - service officetel and apartment in HCMC

The National Assembly Standing Committee demands not to add regulations on the term of apartment ownership in the draft Housing Law (amended). However, However, it is necessary to regulate specifically and feasibly on the competence, order and procedures to relocate residents, demolish, renovate and rebuild apartment buildings that are no longer safe for residential use.

The Prime Minister approves the adjustment of the planning of Van Phong economic zone

www.plo.vn

The North Van Phong area will have 13 subdivisions to develop eco-resort tourism, commercial and financial center, international seaport, logistics and civil airport. With six functional subdivisions, Nam Van Phong is planned to have urban areas, IPs, and industrial port.

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