Monthly Real Estate News | November 2020 by Vietnam Realty

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VIETNAM MONTHLY REAL ESTATE NEWS - November 2020 -

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Daily Real Estate News Highlights Top 5 - Daily Updated Real Estate News Colliers International’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 Metro - "leverage" for real estate development in the East

www.thoibaonganhang.vn Mr. David Jackson - CEO of Colliers Vietnam said: “The merging of District 2, District 9 and Thu Duc to create a new and innovative micro urban area within Ho Chi Minh City by People’s Committee of Ho Chi Minh City would be a big step forward in socio-economic development”. Not only leading to the development and rapid price increase for real estate and apartment projects, Colliers International's Q3 retail market research report also stated that the metro line also created potential for expansion in the retail market.

Mr. David M. Jackson Chief Executive Officer | Colliers International Vietnam

Vietnam licenses new airline

www.tuoitrenew.vn Vietnam’s Vietravel Airlines received a business license for air transport, one of a few last licenses and certificates it needs to start flying, on Thursday. The license, signed by Deputy Minister of Transport Le Anh Tuan the same day, allows Vietravel Airlines to transport passengers, cargos, luggage, and postal items on a regular and irregular basis on both international and domestic scales.

Vietnam licenses new airline

Vietnam to allow banks to use foreign e-wallets for int’l payments

www.vir.com.vn According to Nguyen Thi Huong, Director General of the General Statistics Office of Vietnam (GSO), the outbreak of the Covid-19 pandemic in late July had an impact on the country’s labor and employment situation, affecting the momentum of job recovery and income improvement after the social distancing imposed in April 2020. In the third quarter, the labor, employment and income were improved compared to the second quarter, but were still lower than in the same period in 2019.

Viettel, MobiFone allowed to launch 5G commercial pilot www.english.thesaigontimes.vn.

The Ministry of information Technology and Communications has licensed local telecom carriers Viettel and MobiFone to launch the commercial pilot of the fifth-generation (5G) network. The commercial pilot is aimed at helping telecom carriers assess their technology and the market before officially providing 5G services. Viettel was permitted to conduct the pilot in Hanoi City with the pilot scale not exceeding 140 sites, while MobiFone will launch the 5G commercial pilot in HCMC with no more than 50 sites in the city. Their licenses will be valid until June 30 next year.

colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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.

The construction industry attracts M&A from Japan

www.nhipcaudautu.vn It can be said that construction is one of the most impressive industries in the midst of a pandemic storm. In the first 6 months of 2020, the industry recorded a growth rate of 4.5%, much higher than the GDP growth rate (1.81%). The growth rate of urbanization in Vietnam in 2019 will reach 2.9%, relatively fast in the region. According to PSI Securities Company, in the medium and long term, the construction industry will maintain a positive growth rate thanks to the young population and high urbanization rate of Vietnam. By the end of 2019, Vietnam's population is about 96.2 million, ranking 3rd in Southeast Asia (after Indonesia and the Philippines) and 15th in the world.

The construction industry attracts M&A from Japan

Vietnam plans to utilize overseas markets to boost EU export

www.vietnamtimes.org.vn Dr. Hoang Xuan Binh, chairman of the Vietnam Business Association in Poland said exportation was the highlight of the economy, particularly during the straining COVID-19 time. He stressed that Vietnam should take better advantage of the EVFTA via export center solutions, which had been effectively applied in China and Turkey in recent years. According to the chairman, these centers help to facilitate the exporting process and build brand names for both the products and the nations.

Vietnam plans to utilize overseas markets to boost EU export

LG Electronics begins building R&D centre in Da Nang www.vir.com.vn Vietnam is likely to benefit as major laptop producers shift production from China over the next decade, especially The Republic of Korea (RoK)’s LG Electronics and Trung Nam Land JSC inked an agreement on October 30 with a vision to transform Da Nang into the centre of technology and R&D in Vietnam, creating a mini 'Silicon Valley'. The agreement marks LG Electronics' commitment to building its second R&D centre in Vietnam after just one month of preparation.

Hanoi’s smart city project needs careful planning: Experts

www.hanoitimes.vn Hanoi will focus on researching, applying, and developing sustainable smart urban planning. The construction of smart cities must be conducted in a structured manner in accordance with the planning, Kinh te & Do thi quoted Deputy Minister of Construction Nguyen Tuong Van as saying. “The successful experience of many countries shows that building tools to manage urban development on the basis of planning and integrating these contents into the urbanization strategy should be seen as a focal issue,” Mr. Van said.

colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers Internationalâ&#x20AC;&#x2122;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 Vietnam is a bright spot to attract investment in the region

www.cadn.com.vn The Asia Pacific Market Snapshot Q3 2020 Report released by Colliers International in early November affirms that Vietnam is still considered a bright spot to attract investment from countries in the region while recording steady development in all segments of real estate. Accordingly, real estate markets across Asia-Pacific continued to regain momentum in the third quarter as investors bet on the region's long-term growth potential.

Vietnam is a bright spot to attract investment in the region

Vietnam records 111,200 newly-established enterprises in the first 10 months of 2020

www.vietnaminsider.vn Vietnam recorded nearly 111,200 new enterprises from January-October, a year-on-year decline of 2.9 percent, according to the General Statistics Office (GSO). The new entrants, however, have combined registered investment of more than 1,594 trillion VND (68.3 billion USD), up 11.1 percent against the same period last year, Vietnam News Agency reported. Average registered capital per new enterprise was 14.3 billion VND, up 14.4 percentVietnam's population is young (average age is 31) and is in the golden age with about 46.8 million people of working age. with the U.S., he added.

Vietnam records 111,200 newly-established enterprises in the first 10 months of 2020

US election: Vietnam to benefit either way

www.vnexpress.net Vietnam will reap trade benefits irrespective of the U.S. presidential electionâ&#x20AC;&#x2122;s outcome, but the paths will be quite different, experts say. As the world waits to see if Republican Donald Trump remains President for another four years or hands over the reins to Democrat Joe Biden, a former Vice President, Vietnamese experts are divided on how the Vietnamese economy will benefit. If Trump is able to keep his chair in the White House, these firm policies toward China will likely continue to be imposed and Vietnam can see more benefits in its trade relations with the U.S., he added.

Vietnamese manufacturing recovers for second month running

www.vietnamplus.vn With the Covid-19 pandemic brought under control in Vietnam, firms reported improvements in new orders and output in October, helping the Vietnamese manufacturing sector recover for the second straight month, according to a report released by IHS Markit on November 2. The Vietnam Manufacturing Purchasing Managers' Index posted 51.8 last month, down slightly from 52.2 in September but still indicating an improvement in the health of the sector. colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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 How do US presidential election results affect the real estate market in Asia - Pacific? www.tienphongnews.vn

Experts from Colliers expect that the importance of energy efficiency and sustainability would increase in all aspects of real estate use and investment. If Biden wins the election, it will hasten global progress on climate change, incentives for developers to adopt “green” standards and certification. This can lead to short-term retrofit costs for owners of buildings. However, investors are likely to set premiums for such standard buildings.

How do US presidential election results affect the real estate market in Asia - Pacific?

Trump campaign files lawsuit over Georgia county ballot sorting

www.tuoitrenews.vn U.S. President Donald Trump’s reelection campaign on Wednesday said it had filed a lawsuit in Georgia to require that Chatham County separate and secure late-arriving ballots to ensure they are not counted. The lawsuit, brought against the Chatham County Board of Elections, asked a judge to order the county to secure and account for ballots received after 7 p.m. on Election Day, according to a court document released by the campaign. “President Trump and his team are fighting for the good of the nation to uphold the rule of law, and Georgia’s law is very clear: to legally count, mail ballots must be received by 7:00 p.m. on Election Day,” deputy campaign manager Justin Clark said in a statement.

Trump campaign files lawsuit over Georgia county ballot sorting

WB ready to cooperate with Vietnam in different fields: Managing Director of Operations

www.vietnamplus.vn At an online working session with Deputy Prime Minister and Foreign Minister Pham Binh Minh, Trotsenburg affirmed that the relationship between Vietnam and the WB is developing fruitfully, saying the bank is willing to engage in flexible exchanges amidst COVID-19 to further boost the links. The WB leader expressed his sympathies over the huge losses caused by recent floods in Vietnam’s central region, and lauded the country’s efforts in containing the pandemic while maintaining economic growth.

Central Vietnam industrial zone attracts investors to boost electronics industry

www.vnexpress.net With an ideal location, infrastructure and tax preference, WHA Industrial Zone 1 - Nghe An has become a prime destination for both domestic and foreign investment. Nghe An Province offers easy connections to Vinh International Airport, deep sea ports, rail networks and national highways. Newly-opened WHA Industrial Zone 1 - Nghe An has the added advantage of offering world-class infrastructure in terms of roads, water utilities, power supply, modern communication systems, air quality and security monitoring. colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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.

Foreign direct investment enterprises expanding supply chains in Vietnam

www.vietnaminsider.vn The risk of a new outbreak of Covid-19 in Europe and the US has been raising concerns that supply chains of raw materials for production will break again. Therefore, foreign direct investment (FDI) enterprises that manufacture end products in Vietnam. From having only four suppliers of one supporting industry product in 2014, Samsung Electronics Vietnam Co., Ltd., now has had 42 suppliers. Besides, there are also 679 other suppliers of different tiers. Mr. Jang Yoon Ho – Director of Partner Support – Samsung Electronics Vietnam, said that increasing suppliers is a part of the group’s strategy to expand its production scale in Vietnam.

Foreign direct investment enterprises expanding supply chains in Vietnam

What impact can Biden's policies have on Vietnam's economy?

www.vnexpress.net Sharing with VnExpress , Dang Hoang Hai Anh, visiting professor of Indiana University (USA) also assessed that the US policies under Biden would be "more favorable to Vietnam". This judgment was made from Biden's open-minded view of free trade. Unlike Trump, when running for office, Biden showed support for global trade liberalization, and reduced protectionist policies. "Biden supports the restoration of the TPP Trade Agreement (now the CPTPP) that Trump removed four years ago.

What impact can Biden's policies have on Vietnam's economy?

Vietnamese automobile makers import 80% of components

www.vietnaminsider.vn In a report presented at the meeting with the Vietnam Automobile Manufacturers’ Association on November 3, Luong Duc Toan, deputy head of the department of industrial manufacturing under the Ministry of Industry and Trade said that the Vietnamese automobile industry has yet to reach its real target. “There have not been proper co-operation between local carmakers and components suppliers,” the report said. Vietnam’s localisation rate was poor compared with other countries in the region.” According to the official, Vietnamese auto manufacturers are now importing 80% of key parts such as engines, control systems and transmission gears; and this has led to the domestic car prices of between 10-20% higher than cars imported from other Southeast Asian countries.

200 kph dual purpose railway better option for Vietnam

www.vnexpress.net A 200 kph rail route that can carry both passengers and cargo will benefit Vietnam more than a 320 kph passenger exclusive, an expert says. Prime Minister Nguyen Xuan Phuc last week asked concerned government agencies to study the possibility of building a new transnational railway in Vietnam and consult experts to come up with the most suitable option. La Ngoc Khue, former Deputy Minister of Transport, told VnExpress that a train that can carry both passengers and cargo, ideally at 200 kph, would be the most financially viable option. colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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 Industrial real estate is on the rise www.dautubds.baodautu.vn Market reports from Colliers Vietnam showed that, as of September 2020, industrial land rental rates in Ho Chi Minh City averaged USD 150/m2/term - the highest level in the country. The current occupancy rate usually remained at 90% as the demand for industrial real estate has increased by nearly 40% year-on-year in the context of the remaining limited land availability. Talking to the reporter, Mr. Chi Vu, Manager of Retail - Industrial Services, Colliers Vietnam said that the Northern market was attracting many large corporations who wanted to diversify their production portfolio, in addition to premises in China.

Industrial real estate is on the rise

When almost every real estate segment suffered a devaluation, there was still a kind of unexpected growth amid the Covid-19 pandemic

www.cafebiz.vn Mr. Chi Vu, Manager of Retail - Industrial Services, Colliers Vietnam, cited: “Despite the impact from the pandemic, Bac Ninh province still made a strong impression when it recorded FDI up to USD 334.8 mil since the beginning of 2020 that became the bright spot of the country in attracting investment capital and also made the industrial real estate market in Bac Ninh hotter than ever. In fact, the current rental price of industrial real estate in Bac Ninh must be updated no later than every 3 weeks because the price increase was happening too quickly, even on a daily basis”.

Mr. Chi Vu, Manager of Retail Industrial Services | Colliers International Vietnam

Proposal to link Long Thanh expressway with East region of HCMC

www.cafef.vn The connection will make a one-way from the road through the Long Phuoc highway towards the center of HCMC. Under the Long Thanh bridge (across the Dong Nai river connecting District 9 to Long Thanh district), building a rotation with branches, connecting the Long Phuoc route with the highway parallel lines. The Department of Transport assesses that this is a feasible option, fast construction, low cost. The proposed connection area is mainly through agricultural land, which is convenient for site clearance.

Vietnamese automobile makers import 80% of components

Colliers News Industrial real estate: Welcome M & A wave www.doanhnhansaigon.vn Ms. Anh Nguyen – Director of Business Development, Colliers said: “Covid-19 has been pushing foreign enterprises to move their factories to new areas. Besides China, Vietnam and Indonesia were two potential countries that most companies were considering. With commencement of EVFTA in August, Vietnam was expected to become a new “world factory” as well as attracting more European enterprises to join the market”.

Mr. Anh Nguyen - Director of Business Development | Colliers International Vietnam

COVID-19 US vaccine is more than 90% effective

www.cafebiz.vn US pharmaceutical giant Pfizer and German biotech company BioNTech today announced test results for the COVID-19 vaccine they are developing. And it's surprisingly more than 90% effective. Before that, scientists had only hoped for a COVID-19 vaccine to be 75% effective. Amid the COVID-19 pandemic that has claimed the lives of more than 1.25 million people worldwide, Dr. Albert Bourla, President and CEO of Pfizer, said: "Today was a great day. for science and humanity. I think we can see the light at the end of the tunnel. "

COVID-19 US vaccine is more than 90% effective

Vietnam launches second domestic tourism stimulus program

www.ven.vn Prime Minister Nguyen Xuan Phuc received Russian Ambassador to Vietnam Konstantin Vnukov and Chairman of the Russian gas group Novatek Leonid Mikhelson in Hanoi on November 6. The host leader emphasised that Vietnam and Russia are comprehensive strategic partners of each other, and cooperating with Russia is a long-term priority of Vietnam.

Over 321 million USD invested in IZs in Ho Chi Minh city

Vietnam launches second domestic tourism stimulus program

www.vnexplorer.net The management board of the Ho Chi Minh City Export Processing Zone and Industrial Park Authority (HEPZA) has held a conference to inform about the situation of export processing zones and industrial parks by the end of third quarter and plans for the fourth quarter. By the end of October, domestic investment in industrial zones (IZs) in Ho Chi Minh City reached more than 321 million USD, a year-on-year rise of 48%.

colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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 Colliers International has a less optimistic forecast for Vietnam real estate when Biden wins the election

www.cafeland.vn Mr. Andrew Haskins, Executive Director, Research, Colliers Asia said: “the importance of energy efficiency and sustainability was expected to increase in all aspects of transfer operations and real estate investment. The continued adoption of a 'reshoring' strategy by multinationals - bringing production back to their home country - or 'China + 1' - expanding supply chains and production to neighboring China - If Trump wins, it will boost demand for office space and industrial property in countries such as Japan, India, Vietnam and Taiwan. On contrary, if Biden wins, local businesses, including foreign MNCs, will continue to promote the domination of office space and industrial real estate in China, especially around the city level 1,” he said.

Colliers International has a less optimistic forecast for Vietnam real estate when Biden wins the election

Top 10 transportation projects benefiting real estate market across Vietnam

www.doanhnhansaigon.vn According to Colliers International's Q3 Knowledge Report, the real estate market was hit hardest by Covid-19. Retail, condominium and hospitality segments mostly have to reduce rents by 50% but still sharply decrease compared to the same period last year. Industrial zones is the only sector with growth prospects. According to data from the Ministry of Construction, this segment has an increase of about 9% compared to the same period in 2019 but still attracts tenants.

GDP per capita rises to $9,000

Top 10 transportation projects benefiting real estate market across Vietnam

www.vnexpress.net Vietnam’s GDP per capita at purchasing power parity has risen nearly 145 percent in the last six years to $9,000, said Prime Minister Nguyen Xuan Phuc. The country has also created 28 million jobs while managing to bring down the poverty ratio from 9.8 percent to under 3 percent between 2015 and 2020, Phuc said at a National Assembly Q&A session on Tuesday. The GDP per capita at purchasing power parity metric is used by analysts to compare economic productivity and standards of living between countries by taking into account respective exchange rates. Data from the World Bank shows that this metric in Vietnam has constantly been rising since the 1990s and hit $8,374 last year.

colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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.

Vietnam, Canada discuss about investment opportunities

www.vietnaminsider.vn At the event, Vietnamese Ambassador to Canada Pham Cao Phong noted three main factors that serve to make Vietnam an attractive investment destination, including a strategic location in Southeast Asia, radical institutional reforms, and a promising consumer market that is home to over 96 million consumers. At present, the country is acting as a bridge for Canadian goods and services to reach the 660 million consumers based in ASEAN, as well as other important markets throughout the region, said Ambassador Phong.

Vietnam, Canada discuss about investment opportunities

Vietnam’s parliament sets growth target of 6% for 2021

www.nhandan.org.vn Vietnam aims to see its economy grow by 6% and GDP per capita increase to US$3,700 in 2021 according to a resolution adopted by the National Assembly on November 11. The parliament said such targets are set based on the estimated growth figures of 2020, the calculation of available resources, projections by international organisations and the situation in 2021. The 6% growth target reflects the government’s determination to revive the economy after the Covid-19 outbreak is fully brought under control. The National Assembly’s resolution states that 2021 is a highly significant year as Vietnam will hold its 13th National Party Congress and general elections as well as being the first year to implement the 2021-2030 socio-economic development strategy and the 2021-2025 socio-economic development plan.

Nomura invests in Ecopark

www.bizhub.vn Nomura Real Estate Development Company Limited has agreed to participate in a condominium housing project within the Ecopark project, a large-scale development undertaken by Ecopark Corporation Joint Stock Company in Ha Noi. The project is located in phase 2 of the Ecopark urban area, with a scale of up to 3,000 apartments. It is expected to be completed and handed over in 2024-25. In Viet Nam, Nomura joined the Phu My Hung project in 2015, and has since been engaging in condominium housing and office building projects in HCM City. This will be Nomura’s first project in the capital city. Centred on a partnership between the two companies, Nomura will contribute to further enhancing the Ecopark project’s added value while engaging in the project from the planning and design stages by utilising the housing business insight cultivated in Japan, as well as its track record and expertise in Viet Nam.

HCMC firms shift gears on recruitment drive

www.vnexpress.net With Covid-19 under control, production resuming and new orders increasing, many HCMC firms are hiring thousands of new employees. According to a report from the Ho Chi Minh City Export Processing and Industrial Zones Authority, many enterprises have resumed production after the Covid-19 pandemic was brought under control and the EU-Vietnam Free Trade Agreement (EVFTA) took effect on August 1. HCMC has gone nearly three months without community transmission of the novel coronavirus.

colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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 SCMP: Hai Phong is attractive thanks to its potential to develop residential projects in association with industrial zones www.doanhnhansaigon.vn While the general real estate market of Vietnam would benefit from the country's successful prevention of Covid-19 pandemic and the US-China trade war caused production to move away from China, Hanoi and Ho Chi Minh City remained the most popular destination for foreign home buyers, said David Jackson, CEO of Colliers Vietnam. Mr. Jackson said: “Ho Chi Minh City had the most dynamic and highly regarded real estate market. Hai Phong would be the most reasonable in terms of price or value. However, Hanoi would be a favored residential and commercial destination in the North of Vietnam”.enterprises to join the market”.

Mr. David M. Jackson Chief Executive Officer | Colliers International Vietnam

Singles’ Day sales skyrocket on e-commerce platforms

www.vietnaminsider.vn With a 97.08 percent vote (467 out of 481), Hong became the State Bank of Vietnam’s (SBV) first female governor since its establishment in 1951. All 14 SBV governors to date have been men, VNExpress, a local media reported. Hanoian Hong, 52, holds a Masters degree in Developmental Economics, and has worked for 30 years in banking. Hong started working at the SBV in January 1991 at the Foreign Exchange Management Department.

Singles’ Day sales skyrocket on e-commerce platforms

Korea promotes a new Southern policy, giving priority to strengthening ASEAN cooperation

www.vietnaminsider.vn The 21st ASEAN-Korea Summit was chaired by Prime Minister Nguyen Xuan Phuc with the participation of leaders of ASEAN countries and South Korean President Moon Jae-in. Prime Minister Nguyen Xuan Phuc emphasized that base on the outcome of the ASEAN-Korea Anniversary Summit in Korea in December 2019, the two sides are continuing their efforts to preserve and promote the effectiveness of cooperation and response to emerging threats, including the far-reaching consequences of the COVID-19 pandemic.

Vietnam has just elected its first-ever female governor of the of central bank

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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 Daily reports on Hai Phong (November 16, 2020)

www.haiphong.gov.vn While the general real estate market of Vietnam would benefit from the country's successful prevention of Covid-19 pandemic and the US-China trade war caused production to move away from China, Hanoi and Ho Chi Minh City remained the most popular destination for foreign home buyers, said David Jackson, CEO of Colliers Vietnam. Mr. Jackson said: “Ho Chi Minh City had the most dynamic and highly regarded real estate market. Hai Phong would be the most reasonable in terms of price or value. However, Hanoi would be a favored residential and commercial destination in the North of Vietnam”.

Mr. David M. Jackson Chief Executive Officer | Colliers International Vietnam

RCEP - New driving force for regional economic recovery

www.vcci.news.vn After dozens of rounds of negotiations lasting 8 years, on November 15, 2020, representatives of 10 ASEAN countries and 5 partner countries (Australia, China, Japan, New Zealand, South Korea) officially signed the Agreement. Regional Comprehensive Economic Partnership (RCEP). The agreement opens up new opportunities for multilateral trade cooperation, becoming an important engine to promote growth and recovery of the world economy, which has been heavily affected by the COVID-19 epidemic.

RCEP - New driving force for regional economic recovery

HoREA forecasts that the real estate market will recover positively

www.zingnews.vn Recently, HCM City Real Estate Association (HoREA) announced a report on assessment of the real estate market in the first 10 months of 2020, forecasting the market to the Tan Suu Lunar New Year and the year 2021. General assessment , HoREA said that the real estate market in the first 10 months of 2020 can be divided into 2 phases.

Renewables in Vietnam: Current Opportunities and Future Outlook

www.vietnam-briefing.com Vietnam has immense potential for wind and solar-based projects and is sufficient enough to address the growing power demands. However, low feed-in-tariffs (FiTs) have deterred foreign investors due to large investment costs. The government needs to gradually increase FiTs or at least adopt a price plan so that investors would be aware of the expected price hikes in the future. In addition, if Vietnam can introduce a bankable PPA, it could lead to an increase in international financing, which would help the country to meets its renewable energy goals. colliers.com/vietnam

Daily Real Estate News Highlights Top 5 - Daily Updated Real Estate News Colliers Internationalâ&#x20AC;&#x2122;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 series of FDI projects create a turning point for the Vietnamese economy in the future www.congthuong..vn

Mr. Terence Alford - Director of Capital Markets & Investment Services, Colliers International said: â&#x20AC;&#x153;Vietnam's economy was forecasted to perform relatively well in 2020 with a positive GDP growth rate of 2% to 2.5% by the end of 2020. This was a very impressive figure in the global recession caused by the Covid-19 pandemic and its impact on the economies in 2020. The careful controls and reality of dealing with this global health crisis and Vietnam's approach to the pandemic ensured that Vietnamese economy continued to expand and did not fall into negative growth like many world and ASEAN economies in 2020.

Mr. Terence Alford - Director of Capital Markets & Investment Services | Colliers International Vietnam

Vietnam has a record trade surplus of nearly 20 billion dollars in 10 months

www.thesaigontimes.vn The latest report of the General Department of Customs shows that in October, the trade balance of goods saw a surplus of $ 2.94 billion, bringing the country's export turnover in 10 last month saw a surplus of nearly 19.5 billion dollars. This result also shows that this is the highest trade surplus in 10 months and one year of the country up to now. However, the above surplus result is mainly based on the FDI sector; while the domestic business sector continued to have trade deficit in the past 10 months.

Ministry of Construction: Despite Covid-19, house prices in Hanoi and Ho Chi Minh City did not decrease

www.zingnews.vn In its report on the release of information on housing and real estate market in the third quarter, the Ministry of Construction said that the housing price index surveyed in some big cities has not tended to decrease despite business investment. real estate was heavily influenced by the Covid-19 epidemic.The selling price of apartments for the mid-end segment across the country on average ranges from 20 to 35 million VND / m2, high-end segment from 35 million VND / m2 or more.

Japan saw the strongest growth in nearly 50 years

www.vnexpress.net Japan's Cabinet Office today announced that the country's GDP increased by 21.4% in the third quarter the strongest increase in Japan since 1968, marking the first quarter of increase in the last four quarters. Last quarter, the country's GDP decreased by 28.8%. Compared to the previous quarter, Japan's GDP increased by 5%, stronger than the forecast, and pulled the country out of the recession. 21.4% is also Japan's strongest increase since 1968, marking the first quarter of increase in the last four quarters. Last quarter, the country's GDP decreased by 28.8%.

colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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 Vietnam Typical Real Estate Conference 2020 www.nhipcaudautu.vn The updated report of Colliers Vietnam shows that, despite many difficulties, the housing sector and the national real estate market still recorded positive points and significant indicators. In addition, as of October 2020, the tourism and resort real estate has been active again with promotional policies to stimulate domestic tourism demand, tourism and resort real estate enterprises are on the way to recovery. CEO of Colliers Vietnam - Mr. David Jackson said: “In general, real estate business across the country progressed better, it was more exciting and had positive signals. Towards the end of the year, the market showed signs of strong recovery”.

Vietnam Typical Real Estate Conference 2020

Top 10 Notable Real Estate Developers

www.nhipcaudautu.vn According to Colliers Vietnam, despite many difficulties, the real estate market is still experiencing positive indicators. In October 2020, the tourism and resort real estate is active again with promotional events to stimulate demands. “In general, real estate business across the country has progressed better, more vibrant and has shown positive signs. Towards the end of the year, the market has shown strong signs of recovery”, said Mr. David Jackson, CEO of Colliers Vietnam. Real estate is becoming the backbone of the economy, playing a role as a driving force for growth in Vietnam and many countries around the world. Along with the planners and urban managers, they are emerged as an important factor of real estate development. In order to contribute to this strong change, Nhip Cau Dau Tu Magazine is organizing Outstanding Real Estate Developer Program to honor these businesses.

Top 10 Notable Real Estate Developers

How Does Vietnam Benefit by Joining the RCEP? www.vietnam-briefing.com

On November 15, 2020, 15 countries, including all ASEAN members, Australia, China, Japan, South Korea, and New Zealand signed the Regional Comprehensive Economic Partnership (RCEP). The free trade agreement is seen as the world’s largest trading bloc. The deal has been in the works for over eight years and was signed virtually at the ASEAN Summit. The RCEP leaves the door open for India, which withdrew from the trade pact due to disagreements over agricultural tariffs. colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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 Real estate market supply - demand are not equal www.thesaigontimes.vn The Q3 Knowledge Report Colliers International Vietnam shows that despite many difficulties, the national real estate market still recorded positive points. “In general, the real estate business across the country has progressed better, more vibrant and has shown positive and positive signs. Towards the end of the year, the market shows strong signs of recovery, ”said David Jackson, CEO of Colliers Internation Vietnam, at the Vietnam Typical Real Estate Awards 2020 by Nhip cau dau tu. Q3 Knowledge Report of Colliers Internation Vietnam for the third quarter of 2020 shows that in HCMC market, many activities still maintain growth.

Mr. David M. Jackson Chief Executive Officer | Colliers International Vietnam

Chinese firms dominate industrial land investment: report www.vnexpress.net

Chinese manufacturing companies accounted for 88 percent of $1.57 billion poured into Vietnam’s industrial parks in the first nine months, showing an increasing shifting trend to Vietnam. Companies from Hong Kong participated in eight deals with a total investment of nearly $700 million, while those from mainland China were involved in four deals worth over $300 million. Companies from Taiwan invested in three deals worth $380 million in the north.

The change in global supply chain: Investors waiting for US election

Three bridge projects along axis road connecting HCMC and Mekong Delta approved www.thesaigontimes.vn The People’s Council of the Mekong Delta province of Long An on November 18 gave its nod to the investment plans of three bridge projects along an axis road connecting HCMC, Long An and Tien Giang, which requires an estimated investment of VND2.3 trillion (US$98.9 million) in total. The three bridges will cross the Can Giuoc, Vam Co Dong and Vam Co Tay rivers, Nguyen Hoai Trung, deputy director of the Long An Department of Transport, was cited by the local media as saying.

Real estate 2020 is not frozen at all www.cafeland.vn

The real estate market has come almost to the end of 2020, a year when the world economy has been shadowed by the Covid-19 pandemic. Looking back over the past year, many experts believe that, although there are low notes in the general context, the real estate market still has many bright spots. Assoc.Prof.Dr Dinh Trong Thinh, Financial Economist, said that 2020 is a fairly quiet year for the real estate market. colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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 change in global supply chain: Investors waiting for US election www.diendanbatdongsan.vn According to the leadership of Colliers International's global research department, the continued adoption of the "reshoring" or "China + 1" strategy by the multinational corporations after Trump's victory will boost demand. on office space and industrial property ownership in countries such as Japan, India, Vietnam and Taiwan. In case Mr. Biden wins, demand from not only domestic businesses but also foreign multinational corporations will continue to drive the "domination" of offices and industrial spaces in China, especially. around tier 1 cities. Prospects for Hong Kong (China) will also improve significantly.be increased.” Colliers expert said.

The change in global supply chain: Investors waiting for US election

Foreign partners invest a lot in developing energy in Vietnam

www.khoahocdoisong.vn According to Mr. Terence Alford, Director of the Capital Market and Investment Services Department of Colliers International of the European Business Association in Vietnam Eurocham, this is the first project using LNG (liquefied natural gas) to generate electricity. owned and operated private sector, approved in the national electricity development master plan in the form of 100% foreign direct investment. Another project is a Thai-invested petrochemical complex in Ba Ria - Vung Tau province, designed to produce a wide range of petrochemical products.

Widening trade deficit not a major concern under RCEP

Mr. Terence Alford - Director of Capital Markets & Investment Services | Colliers International Vietnam

www.vnexpress.net The RCEP pact could widen Vietnam’s trade deficit with some countries, but it will be balanced out by increased export opportunities, experts say. Minister of Industry and Trade Tran Tuan Anh said that the possibility of rising trade deficit is not a major concern as Vietnam has already signed free trade agreements with other ASEAN members, and with five non-ASEAN members of through the ASEAN+1 trade pacts. This has meant that over the last two decades, a slow reduction of tariffs has been taking place, and there will be no abrupt import tariffs drop in Vietnam, he told reporters recently. The Regional Comprehensive Economic Partnership (RCEP) will help link commitments of the five individual trade pacts between ASEAN and the five non-ASEAN members together, he said.

colliers.com/vietnam

Colliers News Foreign investors expect Mr. Joe Biden's friendly policy www.cafeland.vn Colliers International said if Mr. Biden's victory puts further pressure on the renminbi, China's capital inflows are likely to re-target the Asia-Pacific real estate markets. such as Hong Kong and traditional destinations like Australia. A potentially weaker U.S. dollar under Mr. Biden could further dampen US dollar-denominated investors and hedge funds, restricting their activity to yield assets. higher. HCMC market, many activities still maintain growth.

Foreign investors expect Mr. Joe Biden's friendly policy

Vietnam, US agree to further cooperation in handling common challenges

www.nhandan.org.vn The Prime Minister Nguyen Xuan Phuc and US National Security Advisor Robert O'Brien on November 21 agreed that Vietnam and the US will continue cooperating in order to cope with common challenges, thus significantly contributing to peace, stability, prosperity and cooperation in the region and the world. He spoke highly of the close and timely cooperation between the two countries in response to the COVID-19 pandemic, and thanked the US President and Government for extending sympathies and assistance to help Vietnam deal with flood consequences in the central region over the past time.

Government considers additional support policies for industrial sector

Vietnam, US firms sign US$1 billion LNG power deal

www.vnexplorer.net A Vietnamese firm and General Electric (GE) Co. have signed a deal for a power project worth an approximate US$1 billion during the Hanoi visit by US National Security Adviser Robert C. Oâ&#x20AC;&#x2122;Brien. The signing of the Long Son LNG-to-power project was carried out by representatives from General Electric, GENCO3, Pacific Corporation, PECC 2, Mitsubishi, and TTC Group.

Real estate inventories see decline: ministry

www.vietnamplus.vn Inventories in the real estate market have been on the decrease thanks to increasing liquidity, according to the Ministry of Construction (MoC). Statistics from the ministry showed the total estate inventories of listed property firms in Hanoi and Ho Chi Minh City by the end of 2019 were estimated at 18.8 trillion VND (809.9 million USD). The inventories have been mainly in the high-end segment, condotel, resettlement houses and projects located far from the city centre and in areas lacking synchronous infrastructure.

colliers.com/vietnam

Colliers News M&A market in 2021 - 2022: Traditional channels encroach on, new investment channels arise www. tinnhanhchungkhoan.vn Mr. Govinda Singh, Managing Director of Colliers International Asia said: “We will see cross-border real estate investment funds, especially those from Singapore, Japan, Korea, Taiwan ... enter the Vietnamese market. This will be a huge source of demand for M&A in the hotel industry ”.Another traditional sector that will be equally exciting in the coming time is consumer goods production and retail. Transactions such as Vinmart, Vinmart + and VinEco (Vingroup) transferred to Masan, Central Group (Thailand).

M&A market in 2021 - 2022: Traditional channels encroach on, new investment channels arise

Real estate is bright spot in volatility

www.nhipcaudautu.vn According to David Jackson, CEO of Colliers International, an observation on the residential real estate segment in the third quarter showed that rental yields tended to decrease to cope with low demand due to limited travel, many foreigners still cannot return. Temporary international sales tend to decrease as buyers are unable to come to Vietnam to complete transactions, while local sales are more stable when transaction "hunters" are active on market.

Mr. David M. Jackson Chief Executive Officer | Colliers International Vietnam

Vietnam to develop the marine economy and promote offshore exploitation

www.vnexplorer.net Developing marine and coastal aquaculture towards commodity production, modernizing with high technology in application, promoting industrial offshore exploitation are the main directions for Vietnam's marine economic development by 2030. One of purposes of this action plan is to clearly define the focus and urgency to prioritize implementation in each field in the Agriculture and Rural Development sector until 2045, a master plan to 2030, with a vision to 2045.

Legal clear-up may assist M&A boom

www.vir.com.vn Mergers and acquisitions are expected to receive a push in the months to come on the back of new rules on separation and merger of projects, taking effect from early 2021. However, more legal clarification may have to be made to welcome new deals. Such conditions apply even if the target company operates in sectors subject to market entry conditions applicable to foreign investors. Further, if any M&A transaction results in an increase of the foreign ownership ratio in the target company, with the foreign investor holding more than 50 per cent of the shares or charter capital after the transaction, the same shall be subject to the new conditions. colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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 Timber and garment are facing difficulties in the US market www.doanhnhansaigon.vn Enterprises exporting timber and garment to US market are finding it difficult when the negative effects from the pandemic have not stopped, but they have to face with trade remedies from this country. Assessing Vietnam's economic outlook, Mr. Terence Alford - Director of Capital Markets & Investment Services, Colliers Vietnam recently said that in the pandemic together with trade remedies from America, the situation was not entirely favorable for Vietnamese enterprises.

Mr. Terence Alford - Director of Capital Markets & Investment Services | Colliers International Vietnam

Why the U.S investors still find Vietnam much attractive and potential

www.vietnaminsider.vn Over the years, the US – Vietnam trade relations have been progressing strongly towards greater sustainability. Vietnam has so far received four waves of investment capital from the US since 1991, while experts expected more to come given a number of favorable conditions. Statistics from the Ministry of Planning and Investment show that the US has been Vietnam’s 11th largest investor with over 1,000 valid

Why the U.S investors still find Vietnam much attractive and potential

Vietnam focusing on strategy for cultural diplomacy. What’s next? www.vietnaminsider.vn Vietnam’s cultural diplomacy is aimed to enhance mutual understanding, trust and relationship-building. Since 2009, Vietnam has turned its attention to developing a program of activities that its government defines as “cultural diplomacy” and considers an important strategy supporting the country’s regional and global ambitions. The program, which is integrated with the nation’s economic and political mechanisms, has identified cultural diplomacy as the most important method of building meaningful international relationships based on mutual understanding.Hence, cultural diplomacy is ostensibly the driving force in the strategic shift of national ambitions and priorities: from “want to befriend” to “search for friends and reliable partners” to an aspiration for Vietnam to be a “responsible member of the international community.”

Legislature approves 6 percent GDP growth target for 2021

www.ven.vn At its 10th session on November 11, the 14th-tenure National Assembly approved major socioeconomic targets for 2021, including GDP growth of six percent, consumer price index (CPI) growth of four percent, and per capita GDP of some US$3,700. The general goals set for next year focus on efficient prevention and control of the Covid-19 pandemic, people’s health protection, and socioeconomic recovery and development. colliers.com/vietnam

Vietnam, Russia discuss joint auto venture, increase trade

www.ven.vn Bilateral trade increased from US$2.5 billion in 2014 to US$4.5 billion in 2019. It saw signs of recovery amid the Covid-19 pandemic, reaching US$4.1 billion in the first nine months this year, representing a year-on-year increase of 13 percent. As a key member of the Eurasian Economic Union Experts upbeat about VNâ&#x20AC;&#x2122;s (EEU), Russia has worked with Vietnam to effectively implement the post-pandemic economic recovery, urging firms to focus on Vietnam-EEU Free Trade Agreement over the past three years.

European enterprises optimistic about Vietnam market as BCI rebounds

www.thesaigontimes.vn The Business Climate Index (BCI) from the European Chamber of Commerce (EuroCham), conducted by YouGov Vietnam, has rebounded in the third quarter of 2020, jumping by 24 points from the previous quarter to 57.5, the highest score since the outbreak of the global coronavirus pandemic. With businesses being able to operate with far fewer restrictions and the EU-Vietnam Free Trade Agreement (EVFTA) entering into force on August 1, the confidence of European business leaders has seen a strong resurgence.

new trends

European enterprises optimistic about Vietnam market as BCI rebounds

Japanese retailer Muji opens largest Southeast Asian store in HCMC

www.vnexpress.net Muji, the Japanese household products and apparel chain retailer, opened its first store in Vietnam on Thursday in Ho Chi Minh City. Spread over 2,000 square meters at the Parkson Saigontourist Plaza in District 1, it is its largest outlet in Southeast Asia. It offers over 5,000 homeware and consumer products ranging from furniture to clothing and even cosmetics. Nagaiwa Tetsuya, general director of Muji Retail Vietnam, said: "Vietnam is among the retail markets with the most potential in the world. With its stable economy, constant development, young population, and rising income and standard of life, it is no surprise that Vietnam is getting ample attention from investors."

Construction of Long Thanh Airport to begin in December

www.cafef.vn Representatives of Airports Corporation of Vietnam (ACV) said that in order to start the project in December 2020, ACV currently has two basic advantages. Firstly, the site clearance was done by the People's Committee of Dong Nai province, the necessary land for Phase 1 was handed over to the Ministry of Transport by the province. The second is the availability of fully guaranteed capital.

EVFTA is an effective tool for Da Nang and its EU partners to promote trade and investment cooperation

www.congthuong.vn There is a trend of real estate developers moving their investments from big cities of Hanoi and Ho Chi The The EU market is one of the main export markets of Danang. The effect of EVFTA is the foundation and leverage for Da Nang and its EU partners to promote trade cooperation, increase import and export turnover. Da Nang is also considered by EU partners as an attractive destination for "green" industry. colliers.com/vietnam

Daily Real Estate News Highlights Top 5 -Daily Updated Real Estate News Colliers International’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.

Experts upbeat about VN’s post-pandemic economic recovery, urging firms to focus on new trends

www.vietnamnews.vn Experts are upbeat about Viet Nam’s post-pandemic economy, urging enterprises to grasp opportunities arising from new trends, such as digital transformation, energy infrastructure development and global production shift as well as new trade deals. Chairman of the Viet Nam Chamber of Commerce and Industry Vũ Tian Loc told the 2021 economic outlook forum on Wednesday that 2020 was a stormy year due to the COVID-19 pandemic which severely affected global and domestic economies. However, Viet Nam shone bright, containing the virus and promoting production, Loc stressed.

Experts upbeat about VN’s post-pandemic economic recovery, urging firms to focus on new trends

Vietnam needs $150 bln for energy development

www.vnexpress.net Vietnam needs to invest $150 billion, or half of its GDP, to increase power production in the next decade, but mobilizing the money would be difficult, analysts said. Dang Huy Dong, head of the Planning and Development Institute in Hanoi, said at a forum on Tuesday that at least in the next five years capital flows would be inadequate to meet this demand. While international capital flows are abundant, there is high competition for it, he said, adding that foreign lenders also have high standards. Echoing him, Nguyen Duc Hien, deputy head of the Central Economic Committee, said borrowing domestically is difficult while there are obstacles to FDI in the power sector.

Vietnam needs $150 bln for energy development

Billions of dollars from Japan expected to flow into Vietnam via M&A deals

www.thesaigontimes.vn Thousands of billions of U.S. dollars of accumulated capital from Japanese firms are awaiting investment opportunities in various foreign markets, including Vietnam, which has drawn attention from investors thanks to potential merger and acquisition (M&A) deals. Masataka Sam Yoshida, global head of the Cross-border Division at RECOF Corporation, told the Vietnam M&A Forum 2020 in HCMC on November 24 that M&A deals involving Japan’s companies in the local market are on the rise and will surge after the coronavirus outbreak.

HCMC residential market: Supply tension pushed up house prices

www.tapchitaichinh.vn Inventories in the real estate market have been on the decrease thanks to increasing liquidity, according to Although the Covid-19 epidemic was complicated, the real estate market's demand was still moving in a positive direction. In particular, the need to buy housing from HCMC residents shows no signs of decline.

colliers.com/vietnam

Colliers News The real estate market is deviating from the supply demand phase www.diendandatdai.vn According to Mr. David Jackson, CEO of Colliers Vietnam, it could be seen that the current trend was a shift away from the center. After the pandemic was under control, enterprises working in industries severely affected by Covid-19 became more cautious about renewing contracts. This was evident in the office for lease segment, as some tenants from finance, banking, technology and newly established foreign SMEs moved from Class A to Class B office, even looked for buildings with lower rental rates.

Mr. David Jackson Chief Executive Officer | Colliers International Vietnam

Vietnam, ASEAN share smart energy ideas for urban development

www.ven.vn As smart energy plays an important role in urban development, Vietnam plans to develop smarter, cleaner, greener and more sustainable energy resources for its cities, said experts at a recent summit in Hanoi devoted to sharing initiatives, experiences and cooperation between Vietnamese cities and other urban centers in the Association of Southeast Asian Nations (ASEAN).

Vietnam, ASEAN share smart energy ideas for urban development

Why Foxconn shifting Apple production from China to Vietnam?

www.vietnaminsider.vn Foxconn is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple Inc, said a person with knowledge of the plan, as the U.S. firm diversifies production to minimise the impact of a Sino-U.S. trade war. The development comes as the outgoing administration of U.S. President Donald Trump encourages U.S. firms to shift production out of China.

Why Foxconn shifting Apple production from China to Vietnam?

Boosting infrastructure connectivity in Vietnam’s southeastern region

www.tuoitrenews.vn Experts have advised the government to found a special investment council and create an infrastructure investment fund for Vietnam’s southeastern region to support its development. The advice was given at the 'Promoting Infrastructure Connectivity in the Southeastern Region' seminar co-organized by Tuoi Tre (Youth) newspaper, the Government Portal, the Ho Chi Minh City Institute for Development Studies, and the Party Committee and People’s Committee of Ba Ria – Vung Tau Province on November 22. colliers.com/vietnam

INVESTMENT PROJECT RESIDENTAIL DVELOPMENT SITE IN NHA BE Phuoc Kien Ward, Nha Be District, HCMC

Summary Information • Location: Nguyen Huu Tho Street, Phuoc Kien Ward, Nha Be District, HCMC, VN • Land Area: 9,954.8 sq.m • Land Tenure: Freehold • Legal Status: Vacant land • LandUse Purpose: Residential (Low-rise) • Transaction Type: Asset Transfer or Project Transfer

Site Plan

All enquiries and requests in relation to this opportunity are to be directed to:

Terence Alford Director | Capital Markets Main: +84 8 3827 5665 MB: +84 837 197 184 Email: Terence.Alford@colliers.com

• Residential › Next to Galleria - a low rise existing residences › 1km to Dragon Hill Apartment Building › Opposite to Metro City Project • Commercial & Facillites › Under 2km to Area 20 Park, local school, administration and hospital › Under 6km to other shopping mall such as Cresent Mall, SC Vivo City, Lotte Mart D7

COLLIERS INTERNATIONAL Level 3, Deutsches Haus 33 Le Duan, District 1 HCMC | Vietnam www.colliers.com/vietnam

• Accessibility › Facade of the project is on Nguyen Huu Tho Street, connect directly and easily to access to other districts › Approximately 10km away from the CBD

INVESTMENT

HIGHLIGHTS

• Prime locaation Phuoc Kien Ward, Nha Be District, which conveniently, easilly access to other districts. • Clean and clear legal document, ready for acquisition. • Surrounding by residental projetcs/ existing residences - an added advantage for commercial development.

Him Lam Urban Area Trung Son Residences Him Lam Residences Nguyen Van Linh Blvd.

Kim Son Residences

Phu My Hung Urban Area

6B Intresco Residences T30 Residences

Dragon Hill Apt Building

• Advantage from future Metro Line No.4 on Nguyen Huu Tho Street • Flexible design and adjustable development framework

Galleria

SC Metro City Project

The Site

Accelerating success.

INVESTMENT PROJECT 15HA BONDED LOGISTIC HUB DINH VU DEEP C I INDUSTRIAL ZONE

Accessibility and Transportation

The Property is strategically in Dinh Vu Deep C I Industrial Zone, which has been developed and operating since 1997, within the Dinh Vu – Cat Hai. Dinh Vu Industrial Zone is in the Dinh Vu peninsula – on the lower river from Haiphong to the sea, on the continental shelf of the Gulf of Tonkin. One of the advantages of the IZ is adjacent to the new Haiphong International Gateway Port (Lach Huyen Deep Sea Port), Cat Bi International Airport, and North Vietnam Coastal Expressway, etc.

INVESTMENT

HIGHLIGHTS

• Clean and clear legal documents, ready for acquisition • Surrounding by fully developed infrastructure and amenties • Modern, well constructed, clean and secure warehouse system for any kind of products, especially heavy product • Strategic location within Dinh Vu – Cat Hai Economic • Zone with many investment incentives (tax, land use fee, etc.) • Local entity set up and held 100% offshore by a International private owner

Terence Alford Director | Capital Markets Main: +84 8 3827 5665 MB: +84 837 197 184 Email: Terence.Alford@colliers.com

Thuy Nguyen Analyst | Capital Markets Main: +84 8 3827 5665 MB: +84 961 524 757 Email: Thuy.Nguyen@colliers.com

Accelerating success.

COLLIERS INTERNATIONAL HO CHI MINH OFFICE Deutsches Haus HCMC, 33 Le Duan, 3rd Floor HCMC, Vietnam Tel +84 (28) 3827 5665 Fax +84 (28) 3827 5667 HANOI OFFICE Floor 2, Toong IPH, 241 Xuan Thuy, Cau Giay District, Hanoi, Vietnam Tel +84 (24) 6294 3393 CAMBODIA OFFICE 93 SI Building , Preah Sihanouk, Sangkat Chaktomok, Khan Doun Penh, Phnom Penh, Cambodia

For market research reports, please visit our website at www.colliers.com/en-vn This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All material are sourced and collated in this document by Colliers is from the public domain. ÂŠ2019. All rights reserved. contact@colliers.vn