industrial real estate mas driven by vibrant elements

Industrial real estate M&As driven by vibrant elements

Vietnam’s industrial properties remain on the radar of foreign and local investors on the back of a stable long-term economic growth outlook. Dong Xuan Le, director at EY-Parthenon – Strategy under EY Consulting Vietnam, talked with VIR’s Thanh Van about his insights into dealmaking activities in Vietnam’s industrial real estate market.
future shifts in vietnam singapore investment

Future shifts in Vietnam-Singapore investment

Singapore remains the biggest foreign investor in Vietnam. Up to 2023, Singaporeans poured over $18 billion into Vietnamese real estate, exceeding investments in any other sector. These spread beyond the traditional luxury condominium segment to include industrial properties, green buildings, and logistics hubs.
boustead projects acquires minh quang industrial development

Boustead Projects acquires Minh Quang Industrial Development

KTG and Boustead Industrial Logistics JSC (KBIL), a joint venture of Singapore's Boustead Projects Limited, agreed to purchase 3,300,000 ordinary shares of Minh Quang Industrial Development JSC on December 12.
tourism properties under scrutiny

Tourism properties under scrutiny

Massive investments into tourism property development have brought a number of locations onto the inspection radar for investment authorities this year.
government considering tax on multiple properties

Government considering tax on multiple properties

The Ministry of Finance (MoF) is reviewing a proposal to tax individuals who own multiple properties to promote a more transparent and sustainable real estate market, according to Deputy Minister Nguyen Duc Chi on September 27.
retail properties see vacancies increase

Retail properties see vacancies increase

Savills Hanoi's market brief for the first half of 2024 was released on July 11 and shows that major shopping centres in the capital are witnessing an increase in available leasing space.
apt rules needed for tourism properties

Apt rules needed for tourism properties

Despite second home and holiday property being assessed as a top-quality segment for both investors and developers, disputes remain due to the lack of a legal framework.
melia hotels international signs three new properties

Meliá Hotels International signs three new properties

Meliá Hotels International, the leading Spanish hotel group, announced the signing of three new properties in Ho Chi Minh City, including Meliá Saigon Central, INNSIDE Saigon Central, and INNSIDE Saigon Mariamman, bringing the group’s number of current and future properties in Vietnam to ten.
petrovietnam barred from investing in properties and banks

PetroVietnam barred from investing in properties and banks

Prime Minister Nguyen Tan Dung last week officially signed a decree forbidding the parent company Vietnam Oil and Gas Group (Petrovietnam) in using its capital to invest and acquire shares in real estate project, banks and insurance companies, according to Vneconomy newswire.
eyes struggle to focus on tourism properties

Eyes struggle to focus on tourism properties

The government is failing to put tourism property projects under the microscope.
ct considers logistics properties

C.T considers logistics properties

Ho Chi Minh City property developer C.T Group’s C.T Song Than has plans to build airport logistics property projects in its home city, Danang, and Hanoi.
high end properties pushed despite slump

High-end properties pushed despite slump

The crisis in Vietnam’s real estate market has not hindered some developers from expanding their high-end property portfolios.
removing barriers for foreigners to own properties in vietnam

Removing barriers for foreigners to own properties in Vietnam

The Vietnam Association of Realtors (VARS) has proposed allowing foreigners to purchase and own houses, including private houses and apartments, in Vietnam during the time they work in the country.
fusion hotel group to launch new properties

Fusion Hotel Group to launch new properties

With the inauguration of hotels in Hanoi and Danang, as well as the introduction of an intriguing new property in Binh Duong, Fusion is increasing its footprint in Southeast Asia.
tax proposal for second properties presents questions over viability

Tax proposal for second properties presents questions over viability

A new second property tax pilot proposal has raised concerns that the market will become affected by low liquidity, discouraging buyers.