Phat Dat reports 60 per cent rise in first-quarter profit

Phat Dat reports 60 per cent rise in first-quarter profit

Phat Dat Real Estate announced a 60 per cent rise in after-tax profit in the first quarter with market capitalisation surpassing $1.5 billion.
Nationwide momentum seen in land price and rental rates

Nationwide momentum seen in land price and rental rates

Despite external factors,  industrial real estate in Vietnam still recorded good transactions in the first four months of the year. Paul Fisher, country head in Vietnam for JLL, shares his assessment on the potential of the industrial property sector in attracting large-scale foreign manufacturers.
Shifting logistics real estate trends

Shifting logistics real estate trends

International trade has been severely impacted by the pandemic. Not only have consumer habits changed but new medicines and vaccines require new capabilities in logistics to be properly delivered and stored. These changes are forcing the sector to adapt.
Further scrutiny required before introducing property tax overhaul

Further scrutiny required before introducing property tax overhaul

To curb land speculation, some proposals regarding land-value taxation and progressive taxes based on the number of owned properties have been suggested, which experts believe could make it more costly for speculators to hold onto vacant sites in Vietnam. 
Property stocks rise with NVL in leading position

Property stocks rise with NVL in leading position

Property stocks are becoming more attractive for investors who are cashing in on profitable businesses with large clean land bank.
ESR places rabbit’s foot in Vietnam through logistics real estate joint venture with BW

ESR places rabbit’s foot in Vietnam through logistics real estate joint venture with BW

ESR Cayman Ltd., the largest logistics real estate platform focused on Asia-Pacific, has set up a joint venture with a leading logistics and industrial real estate operator BW Industrial Development JSC to develop and own My Phuoc 4 Industrial Park in Binh Duong province.
Frasers Property Vietnam unveils first industrial development

Frasers Property Vietnam unveils first industrial development

Multi-functional real estate developer Frasers Property Vietnam has unveiled its first industrial development in the country, named Binh Duong Industrial Park.
Hanoi’s office market increasingly attractive to foreign tenants: Savills Hanoi

Hanoi’s office market increasingly attractive to foreign tenants: Savills Hanoi

Hanoi’s office market is said to be more attractive than its counterparts in other Southeast Asian cities and even in the Asia-Pacific region because of cheaper rentals and greater supply, according to real estate consultants Savills Hanoi.
Domestic real estate market continues to see rosy signs

Domestic real estate market continues to see rosy signs

Vietnam now has 1,733 real estate firms, up 27.1 percent from the corresponding time last year, according to the Ministry of Construction.
Ixora Ho Tram by Fusion sets record: condotels fully deposited before official launch

Ixora Ho Tram by Fusion sets record: condotels fully deposited before official launch

All condotel units and more than 70 per cent of the villas at Ixora Ho Tram by Fusion have found owners at the official launch at The Grand Ho Tram Hotel.
Phat Dat settles $22.5 million foreign loan

Phat Dat settles $22.5 million foreign loan

Phat Dat has demonstrated its high commitment and strong financial stead with the prompt settlement of $22.5 million foreign loans.
BIM Land’s real estate ambitions raise $200 million with SGX debut

BIM Land’s real estate ambitions raise $200 million with SGX debut

BIM Land JSC, a member of BIM Group, has successfully priced its inaugural US dollar bond for 5-year maturity at 7.375 per cent coupon to be listed on the Singapore Stock Exchange (SGX), with the transaction marking the first offshore bond offering by a Vietnamese issuer since 2019 and the first corporate green bond out of the country.
ESR and BW form joint venture for My Phuoc 4 IP in Vietnam

ESR and BW form joint venture for My Phuoc 4 IP in Vietnam

ESR and BW have entered into a development joint venture to develop and own My Phuoc 4 Industrial Park near Ho Chi Minh City.
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