14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

Works on Hanoi-based Ecopark floating trade center to kick off in 2022

Phi Khanh

Apr 08, 2021 / 04:54 PM

The mega trade center, 30 minutes from Hanoi downtown, is expected to attract five million visitors annually.

Work on a mega trade center on water is expected to begin in early next year in Ecopark, a housing development in the northern province of Hung Yen's Van Giang district, with an investment of more than VND3 trillion (US$132 million).

Works on Ecopark floating commercial center to kick off in 2022. Photo: Ecopark

Viet Hung Urban Development and Investment JSC is the investor of the shopping mall, which covers tens of thousands square meters. It is expected to be one of the leading nigh-time entertainment destinations in the north of Vietnam.

The project includes three commercial towers on water and a shopping mall on land, interconnected with foot bridges and design of the Venetian style.

The mega commercial center also houses a mineral hot spring resort, jointly developed by Ecopark and Nomura, Japan’s real estate group.

The mega commercial center is expected to attract five million visitors annually.

Japan’s AEON to build US$300-million shopping mall in Hanoi

22 Jun, 11:15

AEON set to double its goods imports from Vietnam to US$500 million by 2020, and US$1 billion by 2025, especially when Vietnam could potentially become a high quality food supplier to Japanese consumers.

Ho Chi Minh City forms first professional association for apartment management

Amid rapid urban growth, Ho Chi Minh City has established a professional body for apartment management, becoming the first locality in Vietnam to do so.

24 Jan, 08:49 PM

Real estate credit surge prompts tighter oversight to safeguard Vietnam’s financial stability

Vietnam’s real estate sector has absorbed a sharp rise in credit, supporting market recovery while raising concerns over capital concentration, speculative risks and the need for tighter policy coordination.

21 Jan, 09:16 PM

Revised housing roadmap doubles social housing targets for Hanoi

Vietnam’s push to accelerate affordable housing has significantly raised expectations for major cities, with Hanoi now tasked with delivering a far larger volume of social homes as part of the national goal to build more than one million units by 2030.

15 Jan, 05:19 PM

Social housing supply exceeds targets in 2025 as Vietnam tackles property imbalances

Vietnam surpassed its social housing construction target in 2025, marking progress in housing policy, but supply mismatches, high prices and legal bottlenecks continue to weigh on the real estate market.

14 Jan, 06:28 PM

Online building permits promise faster approvals and transparency in Vietnam

Lengthy and complex construction procedures may soon be replaced by faster online approvals as Vietnam rolls out reforms to ease housing pressures and improve transparency in land management.

14 Jan, 05:18 PM

Hanoi apartment market set for steady growth as suburban supply reshapes demand

Hanoi’s primary apartment market is entering a more measured expansion phase, driven by growing supply in outlying areas and softer price movements, with infrastructure upgrades and end-user demand expected to anchor the primary apartment market through 2026.

09 Jan, 10:46 AM

Hanoi plans 39 social housing projects to meet 2030 affordable housing target

Hanoi is accelerating its social housing program to expand affordable supply for workers and low- to middle-income residents while managing rising costs and price pressures.

08 Jan, 05:40 PM

Vietnam real estate market poised for new growth cycle in 2026

With more open institutions and stronger trust, real estate will remain a key sector supporting double-digit GDP growth from 2026.

07 Jan, 10:57 AM