tan hoang minh auction exit shines light on transactions

Tan Hoang Minh auction exit shines light on transactions

The case of Tan Hoang Minh Group suddenly dropping a deposit of $26 million from land plots in Thu Thiem New Urban Area could profoundly impact the real estate market as well as the law related to such auctions.
real estate advances in 2022 to flourish backed by demand

Real estate advances in 2022 to flourish, backed by demand

Vietnam’s real estate market has witnessed a tumultuous and challenging year, but the resilience and potential for investment opportunities in 2022 are expected to regain the growth momentum of previous years.
glp launches 11 billion vietnam logistics development fund

GLP launches $1.1-billion Vietnam Logistics Development Fund

GLP, a global investment manager and business builder in logistics, data infrastructure, renewable energy, and related technologies, on January 22 officially announced the establishment of GLP Vietnam Development Partners I (GLP VDP I), with an investment capacity of $1.1 billion.
capitaland development divests capital place in hanoi for 550 million

CapitaLand Development divests Capital Place in Hanoi for $550 million

CapitaLand Development (CLD), the development arm of CapitaLand Group, on January 20 announced the divestment of Capital Place, its international Grade A office building in Hanoi for $550 million to an unrelated third party.
ssi securities distributes nova consumer shares

SSI Securities distributes Nova Consumer shares

Nova Consumer Group JSC (Nova Consumer) assigned SSI Securities JSC to distribute its initial public offering (IPO) shares. Registration and deposit payments for shares will be submitted from February 7 to 28.
breaking barriers in green buildings

Breaking barriers in green buildings

The absence of a financial priority mechanism, the cumbersome registration process, and the fear of increasing investment capital are the main barriers hindering greener construction projects in Vietnam.
xiaomi announces ambitious development strategy in vietnam

Xiaomi announces ambitious development strategy in Vietnam

Xiaomi, the world's second-largest smartphone maker, had tremendous business results in 2021. KM Leong, general manager for Southeast Asia of Xiaomi International, talked with VIR's Bich Ngoc about the company's ambitious development strategy in Vietnam in 2022.
vinacapital fund management cashes in highest returns

VinaCapital Fund Management cashes in highest returns

VinaCapital Fund Management JSC (VCFM) on January 13 announced that its funds ended 2021 with some of the highest returns in their respective categories.
upgrades to infrastructure helping to scale up property

Upgrades to infrastructure helping to scale up property

The infrastructure system’s improvement is expected to push the property market forward in the coming years, catching much interest from developers, investors, and end-users.
struggling casinos diversify to entice new type of players

Struggling casinos diversify to entice new type of players

While newly-issued decrees for business in prize-winning electronic games for non-nationals in Vietnam is expected to bring better management in the sector, some outstanding issues are been reflected on.
supply and consumption on the up in southern regions

Supply and consumption on the up in southern regions

While land plots and apartments in residential real estate in Ho Chi Minh City and surrounding areas continued to maintain a downward trend from 2020, the townhouse and villa segments made remarkable progress last year.
unpacking hybrid workplace trends

Unpacking hybrid workplace trends

The hybrid office is emerging as an effective working model for businesses across the country, offering clear advantages over previous solutions. Tu Thi Hong An, director of Commercial Leasing at Savills Ho Chi Minh City, talked with VIR's Bich Ngoc about the combined office model and development trends in the Vietnamese market.
listed company awards highlight greener progress

Listed company awards highlight greener progress

The Vietnam Listed Companies Awards 2021 last week honoured 38 companies with an exclusive disclosure on managing risks in climate changes, accounting, internal control, operations, and information technology.
riding the wave in vietnams real estate market in 2022

Riding the wave in Vietnam’s real estate market in 2022

The real estate market has ended a year of profound impacts with some very encouraging news as both domestic and foreign developers are finally speeding up the construction of new projects.
timo secures 20 million funding led by square peg

Timo secures $20-million funding led by Square Peg

Timo, Vietnam’s very first digital banking platform, on January 5 announced that it had secured $20-million funding led by Square Peg, a leading global VC firm whose investments include unicorns such as Canva, FinAccel, and Airwallex.