There were virtually no affordable housing units launched in HCMC in the first nine months of the year due to the Covid-19 pandemic, an industry report says.
Ho Chi Minh City People’s Committee is actively pushing for progress in long-delayed foreign-invested real estate projects in the city.
Japanese investors are looking to tap into this lucrative segment.
Thousands of visitors from HCM City and elsewhere flocked to Ba Ria-Vung Tau Province to join the ‘Glowing NovaWorld Ho Tram’ event last week to be surprised by the new face of NovaWorld Ho Tram, a hospitality project developed by giant Novaland Group.
Tenants are given opportunities to evaluate and secure land from distance thanks to intensified investment in online platforms.
New apartment launches in the third quarter of 2020 rose 79% on-year.
The reality is largely attributed to Covid-19 impacts.
In the wake of the limiting land funds and rocketing prices in city centre locations, developers are expanding their interest in mergers and acquisitions towards satellite towns and other areas near Vietnam’s major cities.
More drastic reforms of construction-related administrative procedures must be carried to improve transparency and reduce costs for enterprises, heard a conference organised by the Viet Nam Chamber of Commerce and Industry (VCCI), the Ministry of Construction and the Friedrich Naumann Foundation in Ha Noi last week.
Saigon Investment spoke with Mr. NGUYEN VAN BE recently, who is currently the Chairman of the Ho Chi Minh City Export Processing and industrial zones Association, to ask him about the many difficulties that investors are facing in industrial zones (IZ), as well as the problems pertaining to enterprises leasing land for production activities.