vinaland vof get swinging

Vinaland-VOF get swinging

Two investment funds, Vinaland and VOF, will team up to develop a prime beachfront golf course and resort complex in Danang, while other developers being still too mired in financial problems to get their properties teed off.
danang gets tough on tardy resort developers

Danang gets tough on tardy resort developers

Beachfront resort developers are being told to start speeding up construction on their projects, or risk having their investment licences revoked, Danang authorities have announced.
tide rising on developers promises

Tide rising on developers’ promises

On a scenic cape on Son Tra Peninsula workers slowly clear the grass around half-completed bungalows as guards idle the day away from the vantage point of their watch towers. The luxury resort that developers agreed would be finished early last year still looks a long way from completion.

Property funds hot as ever

Despite being called a frozen market, real estate retains its pulling power for fund managers. Offensives have been launched to raise a number of real estate investment funds for the cash-strapped industry but with latent demand.
foreigners to buy into phu quoc

Foreigners to buy into Phu Quoc

In an unprecedented move, the government has decided to allow permanent foreign residents and overseas Vietnamese to purchase houses in Phu Quoc.

Developers left in the cold

A recently-issued government decree on new town developments is set to cut out a number of developers and leave the lucrative real estate market to those with financial clout, in particular foreign investors.

Banks pump foreign firms for backing

Local banks plan to sell an increased number of shares to foreign investors in the hope of boosting their financial and managerial strength on the back of a fast-developing economy.
sales boom to push retailers to new frontier

Sales boom to push retailers to new frontier

With consumer spending in Vietnam growing in leaps and bounds, a new momentum has been created for retailers to penetrate and expand their business into an untapped domestic market.
tiger airways to take off with 1 fares from danang

Tiger Airways to take off with $1 fares from Danang

Tiger Airways will introduce low fare flights between Danang and Singapore from January 10 with one-way tickets priced as low as $1, plus taxes.
developer digs deep at quang binh luxury resort

Developer digs deep at Quang Binh luxury resort

Architectural firm Ho Thieu Tri & Associates has taken a gamble with their new development after deciding on Quang Binh province as the location for a new five-star beach resort.

Casino hotel rolls dice with public offer public

The Royal International Corporation is set to offer a unique opportunity for investors to buy into a casino hotel complex in Halong Bay following plans by the Taiwanese-backed company to launch an initial public offering (IPO) early next year.

Dalat resurrects French romance

A dozen deteriorated French-built villas in Dalat are being restored to their former glory to provide a retreat for those seeking a cool climate in the Central Highlands resort city.

Move to avert central power crisis

A multi-billion dollar electricity complex in the central province of Ha Tinh has been proposed as a way to meet an expected rise in the central region’s power demands over the next few years.
struggle to wake dormant market

Struggle to wake dormant market

Property experts have refuted recent proposals from the Ministry of Natural Resources and Environment (MoNRE) to activate the inert real estate market, claiming state management needs to research the issue further before deciding how to intervene.
property law set to mend market flaws

Property law set to mend market flaws

As lawmakers try to build a more transparent real estate market, developers and individual traders could be forced to make public all information about their properties for sale, lease or transfer.