climbing the value chain to maximise investment

Climbing the value chain to maximise investment

In general, foreign investors are seeking safe, stable investment environments with established real estate market practices, rule of law, and structured land ownership, with available financial support from banks. Vietnam, Indonesia, and the Philippines have all worked hard to improve their legal frameworks to protect foreign investors and remove risks associated with issues such as repatriation of funds and providing a safe working environment for their employees.
cenland geared towards stable growth in 2020

CenLand geared towards stable growth in 2020

As the leader of the brokerage market, Century Land JSC (CenLand, HSX: CRE) is always seizing opportunities to conquer challenges and has achieved upbeat results from the outset of the year.
novaland targets vnd1488 trillion in revenue and introducing 8000 products this year

Novaland targets VND14.88 trillion in revenue and introducing 8,000 products this year

Novaland Group (NVL) has set the target of introducing around 8,000 products to the market this year, an increase of 25 per cent on-year, and to achieve a revenue of VND14.88 trillion ($646.96 million), exceeding last year's figure by 36 per cent.
cj cgv divest from subsidiary in vietnam

CJ CGV divest from subsidiary in Vietnam

The Korean movie theaters giant, CJ CGV will divest 25 per cent stake in its real estate investment arm in Vietnam namely CJ Vietnam Co., to improve its finance structure, which has been impacted by the break out of COVID-19 pandemic, according to newswire Businesskorea.co.kr.
housing projects will be proposed to sell land parcels says ministry

Housing projects will be proposed to sell land parcels, says ministry

Hanoi - Housing projects not located in any urban districts, except Hanoi and HCM City, are permitted to sell land lots.
king palace floors buyers with show apartments before handover

King Palace floors buyers with show apartments before handover

As one of the very few projects to complete an actual floor of the condominium before handover, King Palace surprised future residents by letting them admire the actual apartments that are expected to be handed over in the fourth quarter of this year.
property in australia emerging as prime investment opportunity for vietnamese

Property in Australia emerging as prime investment opportunity for Vietnamese

The cheap Australian dollar over the last months and the increasing demand for leasing houses have made Australia a promising destination for Vietnamese investors.    
smart strategy of novaland stirs up realty market

Smart strategy of Novaland stirs up realty market

Novaland Group, one of the most well-known private real estate developers in Ho Chi Minh City, has set the target of growing its revenue by 36 per cent on-year to nearly VND14.88 trillion ($646.96 million) and net profit by 8 per cent to VND3.365 trillion ($146.3 million) in 2020. To achieve these goals, the group will focus its business strategy on three core product lines, namely inner city real estate, satellite real estate, and resort real estate, which underpins Novaland’s sustainable development in the coming decade.
savills hotel apac holds webinar on hotel performance after re opening

Savills Hotel APAC holds webinar on hotel performance after re-opening

Savills Hotel APAC will hold an online conference themed “One month after re-opening – insider look at Vietnam hotel market” at 9.30 ICT on June 5 where a gathering of hospitality experts will offer insights into hospitality recovery, reopening strategies after the coronavirus pandemic, as well as the performance and outlook of the hospitality industry.
vietnam report announces top 10 most reputable building contractors

Vietnam Report announces Top 10 most reputable building contractors

Hoa Binh Construction Group has topped the list of Vietnam’s Top 10 Most Reputable Building Contractors in 2020, according to an independent report by Vietnam Report.
leading sales agencies to distribute novaland groups 2020 projects

Leading sales agencies to distribute Novaland Group's 2020 projects

Novaland Group, a leading real estate developer, has been working with many sales agencies to deliver products in its 2020 pipeline to meet the increasing demand of the market.
enjoy private and safe living space at king palace

Enjoy private and safe living space at King Palace

No need to look further for their dream home, residents at King Palace can enjoy 24-hour resort living 365 days a year in a separate, private, and fully-equipped space.
ifrs adoption roadmap raises challenges to property businesses

IFRS adoption roadmap raises challenges to property businesses

A recent Ministry of Finance ruling to adopt the International Financial Reporting Standards (IFRS) is set to send ripples across real estate businesses, especially those with extensive asset portfolios. The adoption roadmap commits to improved transparency and brings financial reporting in Vietnam closer to global standards.
positive signals for resurgent vietnamese real estate

Positive signals for resurgent Vietnamese real estate

With early success in virus containment and the economy reopening up, the Vietnamese real estate sector has a solid starting point for resuming post-pandemic. Savills Vietnam managing director Neil MacGregor delves more into the situation with VIR’s Quynh Chau.
real estate market in central region reviving at uneven paces

Real estate market in central region reviving at uneven paces

The real estate market in the central region is starting to show signs of a rebound in the post-social distancing period, mostly in the land plot segment while the condominium and villa segments are proving less vibrant.