The launching of the first Vietnam real estate investment fund – Future Vietnam Fund is the symbol of the strong development of V Home.
A local and Chinese joint-venture – Gold Coast International Development Co Ltd – plans to invest nearly $25 million in the construction of a mixed commercial centre in Kampot province, a coastal area with potential for tourism and real estate.
The severe economic blows from COVID-19 have forced scores of businesses to suspend operations and even file for bankruptcy, with real estate companies among the hardest hit.
Vietnamese shares were upbeat on Monday, driven by large-cap companies in the real estate and materials sectors.
Developing ecological industrial real estate is a new direction for the central city of Danang in its strategy to attract investment into high-tech projects, with many companies interested in large-scale logistics projects manifested by the upcoming Lien Chieu deepwater port.
The COVID-19 pandemic has led to many construction and real estate projects being delayed, resulting in large inventories of construction materials, especially steel.
Shares struggled to stay positive on Friday with the large-caps experiencing strong volatility but cash flow pouring into industrial real estate stocks still spurred the market’s uptrend.
Industrial real estate stocks gained ground on Thursday morning, cushioning the market.
Recent decisions to impose stricter management on condotels and officetels are pushing developers and investors into a miserable situation, as the whole real estate market reels from the pandemic impacts.