parkson retail asia submits application for voluntary bankruptcy in vietnam

Parkson Retail Asia submits application for voluntary bankruptcy in Vietnam

The Board of Directors of Parkson Retail Asia Ltd., together with its subsidiaries, announced on April 28 that Parkson Vietnam Co., an indirect wholly owned subsidiary of the company, filed an application to the People’s Court of Ho Chi Minh City for the commencement of voluntary bankruptcy proceedings.
high demand for vietnamese real estate

High demand for Vietnamese real estate

Vietnam remains one of Asia’s top property markets, as shown by the variety of awards that judges give to developers and designs every year.
real estate project standstill no longer deemed acceptable

Real estate project standstill no longer deemed acceptable

Despite efforts from the government and businesses, a lack of legal clarity and limited capital flows are creating bottlenecks and uncertainty for thousands of real estate projects.
office developers inclined to incorporate esg standards

Office developers inclined to incorporate ESG standards

Integrating environmental, social, and governance elements is the latest survival strategy for operators of leased office buildings, with experts noting that issues remain with post-pandemic workspace changes.
more action to remove obstacles in real estate market

More action to remove obstacles in real estate market

Solutions to create more favourable conditions for capital inflows were outlined in an insightful roundtable discussion titled Removing bottlenecks and promoting the growth of the real estate market held by VIR on April 19 in Hanoi.
uni township showing little headway

Uni township showing little headway

Legal gaps continue to plague Berjaya International University Township, which has been delayed now for more than 15 years.
novaland discloses financial statement

Novaland discloses financial statement

No Va Land Investment Group Corporation (Novaland) disclosed its financial statement on April 18.
specific gains still out of reach for real estate rejuvenation

Specific gains still out of reach for real estate rejuvenation

The real estate market is still in a downturn, facing difficulties with legal and capital bottlenecks, low liquidity, high inflation, high interest rates, and high prices.
gamuda lands strategic regional expansion

Gamuda Land’s strategic regional expansion

Malaysian real estate developer Gamuda Land has been expanding its quick turnaround project strategy to deliver higher returns. Angus Liew, chairman of Gamuda Land Vietnam, exclusively shared the group’s development strategies with VIR’s Bich Ngoc.
vietnam facilitates operation of french investors official

Vietnam facilitates operation of French investors: official

The Vietnamese Ministry of Planning and Investment will create all possible conditions for foreign investors, including those from France, to operate effectively and sustainably in Vietnam, Deputy Minister Nguyen Thi Bich Ngoc has affirmed.
removing bottlenecks in real estate market

Removing bottlenecks in real estate market

Capital flow, legal bottlenecks, and removing policy obstacles in real estate are the main issues to be discussed by policymakers and experts in a roundtable themed held by Vietnam Investment Review on April 19.
widescale renovations needed for fies to thrive in dong nai

Widescale renovations needed for FIEs to thrive in Dong Nai

Unfinished roads for industrial parks, dust pollution from airport construction, and lack of housing for on-site workers are just some of the difficulties facing foreign-invested enterprises in southern province of Dong Nai.
interest persists in industrial property

Interest persists in industrial property

Vietnam’s industrial property market is witnessing interest from global manufacturers, demonstrating its potential to become a production hub in electronics, technology, and high-value industries.
vibrant activity felt with real estate ma

Vibrant activity felt with real estate M&A

Merger and acquisition activities in the first months of the year surged with several huge deals, signalling the Vietnamese market is ready to welcome foreign investors into projects thirsty for capital.
more than 370 million of fdi poured into dong nai province

More than $370 million of FDI poured into Dong Nai province

Dong Nai People’s Province granted five foreign-invested enterprises (FIEs) licences to increase their investment capital by a total of more than $370 million on March 31.