Hospitality real estate attracts remittances: VARS
Remittance volumes will be a new source of demand driving the property market, according to VARS.
Remittance volumes will be a new source of demand driving the property market, according to VARS.
According to Savills, foreign investors are increasing their interest in retail and hotels and traditional segments such as residential and offices.
It is estimated that one-fifth of all expatriate Vietnamese want to buy homes in the country.
The real estate market is expected to gradually stabilize and shift towards positive changes, as 2024 could be the last year in the process of overcoming obstacles.
Local experts predicted the industrial segment would revitalize the real estate market in 2024.
A major supply-side stimulus and price reduction effort has been undertaken in the housing market.
AkzoNobel has not only strived to develop eco-friendly paint and coating solutions but also emphasized promoting sustainable development in Vietnam by collaborating with like-minded partners to honor innovative initiatives.
More than 400 domestic and international participants gathered at Vietnam's largest construction exhibition, which opened to create a connection amid the economic recovery.
Over the past five years, the real estate market in eastern Hanoi has experienced strong growth, attracting domestic and foreign investors.
As Hanoi focuses on developing new urban areas to accommodate a growing population, Dong Anh has become a target for significant investment in infrastructure and services.
Foreign investors are actively exploring investment opportunities in the local real estate market, presenting chances for domestic firms if they can leverage this potential.
The soon-to-be amended Law on Housing is intended to encourage foreign investment and create favorable conditions for foreigners living in Vietnam.
Hospitality properties have long been considered a lucrative and long-term profitable investment for real estate investors operating in Vietnam.
The difficulties in the real estate sector may have contributed to Vietnam's lower-than-expected GDP growth in the first quarter (3.32%).
The focus is on the construction of Ring Road 4 and real estate projects in the city.
A cross-functional team will be set up to work on improving the prospects of the local real estate market.
Real estate projects that comply with the law, have positive sales prospects and viable repayment plans will have easier access to credit.