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Daily Real Estate News Highlights
Vietnam - 31 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.
Colliers News
The real estate market will "warm up"
www.vneconomy.vn
With more and more positive factors appearing, Dr. Nguyen Van Dinh, Chairman of the Vietnam Real Estate Brokers Association, said that the real estate market will warm up from the third quarter of 2023...On this opinion, CEO of Colliers Vietnam David Jackson, commented that M&A activities will play a key role.
Planning of Ly Son island with a 150-ha airport
www.zingnews.vn
On the morning of March 30, Quang Ngai Provincial People's Committee announced the overall adjustment of the planning of Dung Quat Economic Zone. Accordingly, by 2045, Ly Son island district (Quang Ngai) will move to a coastal city, with an airport of more than 150 hectares and a seaport, to develop tourism and services.
Continue to reduce interest rates and extend and postpone debt for businesses
www.sggp.org.vn
The Standing Deputy Governor of the SBV Dao Minh Tu said the SBV's message was to lower interest rates. Although many countries around the world are still raising interest rates, the State Bank of Vietnam lowers interest rates to support people and businesses. Capital in the economy is currently in excess, so banks encourage lending. In the near future, the State Bank will reduce interest rates again.
Binh Dinh commences a VND1,500-bln coastal road
www.vnexpress.net
The coastal road section DT 639 is 4.3km long, and 24m wide (6 lanes), with a total investment of 1,490 billion VND, was started on the morning of March 31, helping to connect Quy Nhon city, Tuy Phuoc district, Phu Cat & contribute to perfecting the coastal road system.
