just the beginning for real estate sector restructuring

Just the beginning for real estate sector restructuring

More than $52 billion is due to banks and bondholders from real estate groups in the Vietnamese market. VIR’s Bich Ngoc spoke with Xavier Jean, senior director of Corporate Ratings at S&P Global Ratings, on the possible path the government and enterprises can take.
ma activity likely ahead within real estate sector

M&A activity likely ahead within real estate sector

With lower cash flow, bonds tightened, and interest rates hiked, mergers and acquisitions are being considered an effective solution to help real estate businesses in difficulty.
techtronic industries promotes business development in vietnam

Techtronic Industries promotes business development in Vietnam

Techtronic Industries (TTI) wants to foster partnerships with local authorities and suppliers to further push business development after five years of operation in Vietnam.
arcadia consulting success launched in vietnam

Arcadia Consulting Success launched in Vietnam

Arcadia Consulting Group announced its partnership with PropCoach International Inc. on March 2 to reiterate its commitment to helping Vietnam's real estate agents and developers by providing appropriate skill development opportunities through immersive, personalised learning experiences.
frasers property and gelex group announce 250 million deal

Frasers Property and Gelex Group announce $250 million deal

Frasers Property Vietnam (FPV), one of Vietnam's leading diversified property developers, announced its partnership with local multi-sector investment holding company Gelex Group on March 1 to grow its industrial portfolio and build its presence across northern Vietnam. The combined investment totals approximately $250 million.
big appetite still apparent in real estate

Big appetite still apparent in real estate

The Vietnamese real estate market is proving attractive to foreign investors and funds despite the turmoil that domestic real estate investors are grappling with over projects lacking legitimacy, capital, and liquidity.
ho chi minh city seeking investors for 37 million saigon silicon city

Ho Chi Minh City seeking investors for $37 million Saigon Silicon City

Ho Chi Minh City People’s Committee has requested the local Department of Planning and Investment select a new set of investors, following approval, to replace the current developers of the Saigon Silicon City project.
industrial real estate faces up to pressures

Industrial real estate faces up to pressures

Although it was one of the rare segments to see positive growth in 2022, industrial real estate is forecast to suffer this year due to global macroeconomic uncertainties.
ho chi minh city to wipe out obstacles for foreign investors

Ho Chi Minh City to wipe out obstacles for foreign investors

Recommendations on the topic were sent by foreign business associations to the leaders of Ho Chi Minh City in a seminar on February 22 in Ho Chi Minh City.
property woes offer opportunity for some

Property woes offer opportunity for some

After a period of rapid growth, the real estate market is currently in a restructuring phase to determine a more sustainable development direction, offering an opportunity for buyers and investors, so long as they have access to available capital.
real estate problems require cooperation on all levels

Real estate problems require cooperation on all levels

Management agencies, businesses and buyers must join hands to solve the problems in the real estate market, according to Prime Minister Pham Minh Chinh at a national conference in Hanoi this morning.
the tough proptech proposition ahead

The tough proptech proposition ahead

Compared to just a few years ago, the Vietnamese proptech market is now more vibrant, diverse in both quality and quantity with the participation of many different brands. But while the playground is now occupied both by traditional real estate businesses and tech companies, the risks are still apparent.
real estate keen to explore ai tech

Real estate keen to explore AI tech

Although it is too early to say that AI systems like ChatGPT will become a mainstay in the real estate sector, brokers believe that they could transform the market in the coming years.
keppel land and khang dien group collaborate on sustainable urban developments

Keppel Land and Khang Dien Group collaborate on sustainable urban developments

Keppel Land, through its wholly-owned subsidiary, and the Khang Dien Group, signed MoU on 10 February to collaborate on the development of residential projects as well as sustainable urban developments in Ho Chi Minh City.
sembcorp and becamex join up develop smart and sustainable ips

Sembcorp and Becamex join up develop smart and sustainable IPs

An MoU was signed between Becamex IDC Industrial Development and Investment Corporation (Vietnam) and Sembcorp Development Ltd. (Singapore) on February 10 in Singapore to acknowledge the cooperation to develop five green, smart, and sustainable industrial parks (IPs) in Vietnam within the next three years with total investment capital of roughly $1 billion.