Daily Real Estate News Highlights

Vietnam - 29 March 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

Increase the attractiveness of retail space

www.thanhnien.vn

According to experts, current tenants tend to be more strict when choosing premises to ensure the highest operational efficiency. Assessing the prospects of this segment, Colliers Vietnam said that the resurgent tourism activity is also one of the reasons affecting retail and consumer service activities in Vietnam.

Renovating old apartments - do not fall into ownership

www.thesaigontimes.vn

The National Assembly Standing Committee has rejected the Government's proposal to set the apartment ownership term in the draft Housing Law (amended). This is an understandable decision when the drafting agency has not properly caught the disease that is difficult to renovate the old apartment building, so it has proposed an inappropriate treatment plan.

Dong Nai’s FDI attraction booming, nearly triple in Q1

www.vir.com.vn

Foreign direct investment in the southern province of Dong Nai surpassed 500 million USD in the first quarter this year, nearly tripling that in the same period last year, according to the management board of the provincial industrial parks.

Proposing to increase the cost of resettlement support in HCMC

www.thesaigontimes.vn

At the conference on social criticism on the draft resolution stipulating the level of support for renting temporary housing for households and individuals while waiting for the arrangement of houses and residential land for resettlement in Ho Chi Minh City. On March 28, the opinions agreed to expand the audience and increase the cost of renting temporary housing, but it must be realistic and for the benefit of the people.

Vietnam - 30 March 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.

Real estate businesses generate cash flow through M&A activities

www.vtv.vn

On the increase in M&A activity, Ms. Cao Le Tuong Van - Director of Capital Markets and Investment Services, Colliers Vietnam commented: "The current market is difficult and the current challenge is only short-term. Smart investors quickly seize the opportunity to grow their portfolios now, at this point ready for the next period of growth."

Foreign Investment Agency explains why FDI registered capitals slump

www.tuoitre.vn

The cause of this decline is that in the 3 months of 2022, there was a sudden increase in FDI investment. The Foreign Investment Agency also said that in Mar this year, the value of capital contribution & share purchase by FDI investors decreased and adjusted capital has not improved much compared to the first two months of the year.

Exclusive: Vietnam's Vincom Retail in stake sale talks with strategic investors

www.finance.yahoo.com

Vietnam's largest conglomerate, Vingroup, is in discussions to sell a stake in its shopping mall arm as it seeks to bring in strategic investors, five sources told Reuters on Wednesday. The sources said Thailand's biggest retailer Central Group and other companies are in negotiations to buy a stake in Vincom Retail.

Foreign tourist arrivals in Vietnam skyrocket in Q1

www.e.vnexpress.net

The number of foreign arrivals in Vietnam in the first quarter of this year grew by 30 times year-on-year to 2.7 million. The first quarter figures were around 60% of pre-pandemic levels and one-third of this year's 8-million target, according to a report released by the General Statistics Office (GSO) on Wednesday.