29-08-2005 18:33
Homeowners at the newly developed Ciputra International City have protested over the service charges that the developers of the biggest foreign-invested housing project in Hanoi intend to impose.
15-08-2005 18:33
A local developer plans to build an enormous French-designed luxury villa complex in northern Vinh Phuc province, aiming to promote ecological accommodation and weekend retreats from Hanoi.
04-07-2005 18:33
The recent arrest of Rus-Invest-Tur Corporation chairman Nguyen Duc Chi on fraud charges leaves his resort project, the Rusalka Golf Resort and Ocean Spa, which is still under construction in Nha Trang, in dire straights. Ngoc Son takes a look at the fallout.
04-07-2005 18:02
The prime minister is sparking action to ensure work on Vietnam’s new power plants proceeds as quickly as possible, in light of the spate of electrical blackouts that swept through the north of the country during May and the expected surge in demand for energy over the next two years.
20-06-2005 18:33
German medical equipment trader Schmidt Group won approval to alter its licence for a real estate development in Hanoi, a move the firm said would help it revive the long-stalled project.
31-05-2005 18:33
A draft law submitted to the NA for approval gives Viet Kieu and foreigners the right to purchase or develop housing in Vietnam. However, Ngoc Son reports that the Legal Commission is still divided on the issue.
23-05-2005 18:33
Property developer Bitexcoland has unveiled plans to construct the first officetel building in Ho Chi Minh City to meet growing demand for combined luxury working and living space.
16-05-2005 18:02
Budget carrier Thai AirAsia is seeking a licence to begin flights between Hanoi and Bangkok next month.Sources from Civil Aviation Administration of Vietnam revealed that the budget airline hopes to start flights between the two capital cities on June 15. The airline plans to offer seven flights a week between the two cities, but the company has yet to reveal ticket prices.
09-05-2005 17:41
The National Assembly (NA) convened its summer meeting last week to focus on making laws to facilitate the country’s accession to the World Trade Organisation (WTO) and consider measures to boost economic growth.
18-04-2005 18:33
The government’s crack down on land-related corruption by lower-level officials across the country is uncovering just how endemic this form of graft is in Vietnam.
11-04-2005 18:33
A coastal tourism park under construction in the central province of Thanh Hoa has become embroiled in controversy after local cultural officials claimed the project has damaged the environment and infringed on nearby historic sites.
04-04-2005 18:33
Although new high-rise apartment buildings are springing up across the country every day, many Hanoi residents are stuck in dilapidated housing blocks built decades ago. Urban planners in the capital city are working on ways to redevelop these old compounds to improve living conditions, but this has not been an easy task, reports Ngoc Son.
14-03-2005 18:33
The cost for office space will continue to rise this year, while apartment sales should continue to be brisk, said property consultant CB Richard Ellis in a real estate forecast released last week.
04-02-2005 18:33
A string of resort-style hotels are planned along Vietnam’s central and southern coastline. But new resorts not only face regional competition from renowned hotspots in Thailand, Indonesia and Malaysia, but also from established counterparts in Vietnam. As the developers queue Ngoc Son wonders if there is room for everyone?
25-01-2005 18:33
Office landlords are enjoying the highest rents in five years in Ho Chi Minh City’s downtown districts.But, a lack of new premium office buildings on the horizon over the last few years means the situation for prospective tenants is not set to change overnight.