water efficiency austrian style

Water efficiency, Austrian style

Austria, with its extremely high innovative potential, is one of the leading countries in green technology. Commercial counsellor at the Austrian Embassy Dietmar Schwank talked with VIR’s Quynh Chau on how Vietnam can benefit from working closely with Austria in both sustainable water management and resource efficiency.
casino hotel operator gambles on new investment strategy

Casino-hotel operator gambles on new investment strategy

Taiwan-backed Royal International Corporation (RIC), the operator of the largest casino in Vietnam’s the northern province of Quang Ninh, plans to invest in new facility despite suffering heavy losses since tourist numbers evaporated.
industrial zone sub areas attracting attention of buyers

Industrial zone sub-areas attracting attention of buyers

Amid a slowly but steadily materialising recovery from social restrictions, real estate prices in the vicinity of Vietnam’s industrial zones are beginning to climb, heavily pushed by low supply.
construction reboot a welcome step

Construction reboot a welcome step

Construction bans over recent months have caused major delays to various ventures and their handover, but hubs like Ho Chi Minh City leapt back into action last week as restrictions were eased.
lockdown chance to readjust retail

Lockdown chance to readjust retail

The pandemic is continuing to hamper the development of retail centres in large cities, despite the positive future predicted for Vietnam’s consumer market by both international and domestic consultants.
pharma drive a chance for real estate

Pharma drive a chance for real estate

Despite having limited facilities for life sciences real estate, Vietnam could open up to potential development in the industry, analysts say.
singaporeans expanding investment into real estate

Singaporeans expanding investment into real estate

Continuously leading in the development of housing, urban, and industrial real estate projects, investors from Singapore are also actively expanding into other segments such as warehousing, logistics, and brokerages in the Vietnamese market.
industrial zone leasing takes a hit as 2021s pandemic complexities hinder activities

Industrial zone leasing takes a hit as 2021’s pandemic complexities hinder activities

Manufacturers are buckling under the stress of attempting to operate with reduced staff numbers, or even house them at all as social distancing and domestic travel restrictions continue to make it difficult for industrial zones as well as developers in the leasing game.
self promotion key for izs to pick up electronics greats

Self-promotion key for IZs to pick up electronics greats

Although Vietnam’s industrial zones have demonstrated their attractiveness in alluring many top multinational corporations, they need to focus more on legal procedures, addressing labour problems, and giving more straightforward guidance to attract even more international investors.
construction cost hikes exacerbate real estate delays

Construction cost hikes exacerbate real estate delays

The skyrocketing price of construction materials has been affecting real estate projects in Vietnam, delaying their progress and raising property prices even further.
e commerce dominating as retail spaces struggle

E-commerce dominating as retail spaces struggle

Hanoi and Ho Chi Minh City retail landlords continue to face declining rents due to social distancing and competition from e-commerce.
coworking facilities toil through restrictions

Coworking facilities toil through restrictions

With the pandemic complicating movement and forcing many employees to work from home more often, coworking space operators in Vietnam are using the time to improve their interiors and services, while trying to continue expansion.
elusive alpha king to feel brunt of angered buyers

Elusive Alpha King to feel brunt of angered buyers

At least one homebuyer of the former Alpha City project is threatening to go to court with Alpha King, the Hong Kong-based developer which transferred the project to new ones, but has thus failed to fulfil its obligations to former customers of its sold units.
domestic developers changing the game

Domestic developers changing the game

Along with the rise of the Vietnamese real estate market, domestic real estate brands are increasingly asserting their names with series of projects approaching international standards and changing the mindsets and lifestyles of Vietnamese people.
higher development standards to perpetuate investor interest

Higher development standards to perpetuate investor interest

Despite a range of newly-established industrial zones being added to the market, many others have been delayed for a long time and are at the verge of being revoked due to the weakness of their developers.