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VPBank CEO addresses challenges and strategies for Vietnam's real estate sector
15-11-2023 12:45
At a conference on real estate and social housing development on November 13, VPBank CEO Nguyen Duc Vinh outlined the obstacles facing Vietnam's real estate market, attributing them to both external and internal factors.
Homebuying rules still deter foreigners
14-11-2023 11:26
Overlaps and holes in laws related to the real estate market are continuing to prevent foreigners from buying houses in Vietnam, legislators have been warned.
Offloading assets a last resort for groups
08-11-2023 15:37
Burdened by large debts and complex capital mobilisation channels, many domestic real estate businesses are looking to sell off their assets as a last resort.
Expansion potential despite downturn in real estate M&As
08-11-2023 15:24
Pressured by the global downturn, in the domestic market, there were fewer merger and acquisition (M&A) transactions in Vietnam’s real estate in 2023, with a lower total value than in 2022.
Dat Xanh Group aims to lead real estate technology race
07-11-2023 15:44
2023 marks the 20th anniversary of the establishment of Dat Xanh Group. Luong Tri Thin, founder and chairman of the Board of Directors at Dat Xanh Group, spoke with VIR's Thanh Van about his journey in developing the company.
Hospitality and real estate navigate uncertainty
04-11-2023 10:57
Hotel occupancy rates in Southeast Asia have trended upward since the reopening of all major markets. However, a competitive labour market, rising energy costs, geopolitical tensions, and expensive travel continue to impact hospitality demand.
Another push for real estate bounce
31-10-2023 10:27
Vietnam’s government aims to boost its real estate sector by easing bank credit and tackling legal, land, and administrative hurdles to foster market growth.
LPBank and Hung Thinh sign $211 million credit deal
30-10-2023 18:12
LPBank and Hung Thinh Corporation formalised a credit contract of VND 5 trillion (approximately $211 million) in Hanoi on October 30 that, according to those present, should go some way to help stimulate recovery in the property market.
Foreign investors show keen interest in Vietnam's real estate
26-10-2023 16:39
A recent survey by the Vietnam Real Estate Research Institute reveals robust international interest, with calls for better legal and regulatory frameworks to fully capitalise on this growing investment trend.
Gryphon Canada enters Vietnamese market
26-10-2023 16:21
After expanding its business operations in Vancouver, Taichung, Beijing, Shanghai, and Hong Kong, Gryphon Canada, an art-focused real estate developer hailing from Vancouver, has come to Vietnam. VIR's Bich Ngoc spoke with Jason Hsu, founder and CEO of Gryphon Canada, about his journey to bring the company's real estate products to the Vietnamese market.
Industrial real estate witnesses robust growth in Q3
26-10-2023 10:23
Vietnam's industrial real estate sector has shown remarkable signs of growth in the third quarter of 2023, with substantial new project launches contributing significantly to the market.
Slow real estate development not the principal factor depressing Vietnam’s GDP growth
25-10-2023 15:27
The statement was made by Michael Kokalari, chief economist of VinaCapital, on October 23 as he highlighted that the situation in Vietnam’s real estate market is completely different from China’s.
Land space shake-up mooted for tourism
24-10-2023 09:00
The legal inclusion of tourism projects in the list of land that can be repossessed by the state and assigned to investors for socioeconomic development was among the key issues experts discussed at a seminar organised by VIR last week in Hanoi.
Hanoi average property prices almost double since 2018
23-10-2023 16:07
According to the Cushman & Wakefield report, the average primary property price in Hanoi in Q3/2023 nearly doubled compared to 2018. The price reached $2,141 per square metre, reflecting a 5 per cent quarterly increase and an almost 12 per cent annual rise.
Realty demand gains strength amid economic recovery
20-10-2023 10:01
The real estate sector is finally emerging from its slumber as the economic recovery in the third quarter of the year has triggered a resurgence of demand for realty properties.
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