Difficulties in legal procedures are slowing down the flow of real estate mergers and acquisitions from foreign investors, with some units pausing or restructuring their strategies.
The Ministry of Finance (MoF) has recently approved the scheme for tax reform until 2030.
Vietnam’s industrial real estate sector is growing rapidly, with demand among investors particularly strong.
With the implementation of the Law on Land, many foreign businesses have encountered multiple challenges related to real estate while investing in Vietnam, Pham Duy Khuong, managing director of ASL Law, explains why the country must remove these issues as soon as possible to keep Vietnam attractive.
With synchronous transport infrastructure – from highways and seaports to coastal routes and Long Thanh International Airport – Ho Tram is considered one of the top beneficiaries of the government’s effort to promote regional connectivity. All create a new face for the new capital of the southern tourism market with high-end resort projects, including Ixora Ho Tram by Fusion.
Malaysian property developer Gamuda Land has acquired a local company to develop a high-rise apartment building in Thu Duc of Ho Chi Minh City.
The city wants to keep population growth in urban areas at a sustainable pace and address downtown overcrowding.
A series of large real estate projects have been bought up by investors as they move towards assets in second-tier cities, with land availability limited in major urban areas.
Customers who invested in Aqua City from day one have expressed their satisfaction with the project’s progress and the potential to increase value beyond expectations. A series of high-class utilities and internal landscapes at Aqua City have been completed and put into operation, creating more confidence for investors.
Prime Minister Pham Minh Chinh has ordered a task force formed to analyse and help remove the challenges faced by the real estate sector.