New international brands diversify Hanoi hotel offerings
Hanoi's hotel market is also experiencing a decline in rental rates amid the seasonal lull in tourism and leisure activities.
Hanoi's hotel market is also experiencing a decline in rental rates amid the seasonal lull in tourism and leisure activities.
Severe economic impacts as a result of the pandemic have put more stress on the local condotel market.
The Asian investors in Vietnam want to choose locations near their business community.
In the last two years, real estate firms have been the group issuing the highest volume of bonds.
The city will control foreign investment in the real estate area as well as their transfer of collected money abroad to prevent money laundering, transfer pricing and tax evasion.
The central coast province defines tourism as a key economic sector, expecting it would make up 14% of the province's GDP by 2025.
The real estate market is set to recover and grow, even boom in certain segments and areas, according to a latest report.
Credit has not been effectively channeled into fields that contribute directly to economic growth and ultimately social prosperity, but to risky fields such as real estate, stock market or cryptocurrencies.
Social housing segment is of high demand in the lower middle-income country.
When enterprises fail to realize their commitment of interest payment, investors would be on the losing side.
Danang is advised to have a downtown with high-rise buildings and more green parks.
Construction area accounts for only 16% of the total eco city.
The planning is designed to form a region integrating parks and green space with overall infrastructure, cultural sites, and socio-economic activities.
Population in Phu Quoc likely triples in 2030, resulting high demand for hospitality industry.
The real estate industry has accounted for about 4.42% of Vietnam’s total gross domestic product in 2020.
Surges in online orders among other essentials have pushed businesses to look for more storage space with close proximity to their customers.
Hanoi’s retail sales of goods and services in 2020 valued at VND584.7 trillion (US$25.2 billion), up 2.7% on-year.
Economic slowdown and falling income have driven down demand for real estate segments during 2020.
Local experts list real estate the most important sector in many countries, including Vietnam.
In 2020, the city has fulfilled the commercial housing target with 89 projects supplying 6.57 million sq.m.
Office markets in Vietnam’s major cities are promising segments for foreign investors.