real estate projects

Update news real estate projects

Keppel withdraws from huge projects in HCM City

The real estate player Keppel is selling 70 percent of its capital in a company that is developing a 64-hectare Saigon Sport City project in HCM City. The two buyers are domestic businesses established in 2023.

Super-expensive houses on sale in Hanoi

A high number of luxury properties in Hanoi have been put for sale amid an otherwise gloomy real estate market with very few transactions.

House, land transactions in HCM City surge

The number of transactions in the HCM City real estate market has soared.

Ministry to inspect use of land for housing, condotel purposes

The Ministry of Natural Resources and the Environment (MONRE) has asked its General Department of Land Administration to plan the inspection of land use in urban areas, as well as housing and condotel development projects in 2021.

HCM City assures hurdles faced by property developers will be cleared this month

The HCM City People’s Committee chairman Nguyen Thanh Phong held a meeting with the heads of various government departments to discuss how to rescue...

Land use, management at real estate projects in Hanoi, HCMC to be inspected

Land use and management at some real estate projects in Hanoi and HCM City will be inspected this year under the recent decision of the Ministry of Natural Resources and Environment.

21 in high-profile corruption case prosecuted

The Supreme People's Procuracy has prosecuted 21 people involved in the high-profile corruption case relating to Phan Van Anh Vu (also known as Vu Nhom), the agency said on October 18.

21 in high-profile corruption case prosecuted

The Supreme People's Procuracy has prosecuted 21 people involved in the high-profile corruption case relating to Phan Van Anh Vu (also known as Vu Nhom), the agency said on October 18.

Will flow of FDI capital lead to a real estate bubble?

VietNamNet Bridge - FDI capital flow to the real estate sector soared to $5.5 billion in the first half of 2018.

Hanoi tightens control of advertising displays

 VietNamNet Bridge – Billboards will only be displayed on the outskirts of Hanoi and the Culture and Sports Department will not grant billboard licences in the city centre this year.

Land price ceiling rise not a concern

VietNamNet Bridge – The Ministry of Natural Resources and Environment’s doubling of the ceiling price of land in urban areas in a submission to the government has proved controversial.

BUSINESS IN BRIEF 27/6

 FDI inflows drop in first half of the year; Formosa proposes special steel zone in Vung Ang; Petrol prices reach record highs in Vietnam; HCM City revokes licenses for real estate projects

Korean chaebols snatch Vietnam’s biggest real estate projects

 VietNamNet Bridge – Two mammoth real estate projects were transferred to South Korean investors in 2013. Analysts comment that South Koreans have been, step by step, acquiring all the big projects in Vietnam.

Ministry to tax delayed projects

VietNamNet Bridge – The Ministry of Natural Resources and Environment may use progressive tax to cope with long-delayed real estate projects, instead of taking administrative measures like withdrawing their licenses as now.

Ailing property market seeks cure

 VietNamNet Bridge – Prime Minister Nguyen Tan Dung, on Dec 18, advised HCM City to restructure the real estate sector towards removing weak and ineffective players and providing housing to meet real demand.