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.
The government has approved Maritime City Co Ltd’s proposal to build and operate a $164.4 million development in Preah Sihanouk province comprising a 582-room five-star hotel, a commercial centre and entertainment facilities.
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.