Foreign direct investment (FDI) in the property market has been on the rise, with nearly 300 million USD in January, accounting for nearly 21 percent of total FDI in Vietnam.
HCM City (VNA) – Foreign direct investment (FDI)in the property market has been on the rise, with nearly 300 million USD inJanuary, accounting for nearly 21 percent of total FDI in Vietnam.
Last year, the sector attracted about 1.3 billion USD, makingup 10 percent of total FDI poured into the country. The Vietnam National RealEstate Association has predicted that the market will become busier.
Ho Chi Minh City lured the highest number of FDI projects inthe real estate, with investment accounting for 40.9 percent of the country’s total.
Notably, a joint venture between Japan’s Maeda Group andThien Duc company of Vietnam invested 30 million USD in Waterina Suites high-endapartment project in District 2.
Meanwhile, the Japanese Mitsubishi Group signed a contractwith Bitexco to set up a housing development joint venture with an initialcapital of about 290 million USD. Another giant from Japan, Kajima Group, hasalso teamed up with Indochina Capital to form a 1 billion USD joint venture in10 years with four projects in Hanoi, Da Nang and Ho Chi Minh City.
At the same time, the number of newly-established realestate enterprises has also increased in both quality and quantity.
According to the Business Registration Management Agency, bythe end of 2016, 110,000 new enterprises were set up, a rise of 16.2 percentover the previous year, a record figure so far.
Total capital committed to the market reached 891.09trillion VND, or 8.09 billion VND per new firm, up 48.1 percent year on year.Meanwhile, 26,689 businesses resumed operation, up 43.1 percent.-VNA
The real estate sector reported a reduction of 1.45 trillion VND (63.6 million USD) in inventory in February from December, 2016 to an estimated 29.6 trillion VND (1.3 billion USD).
Ho Chi Minh City needs better cooperation among the State, developers, builders, material suppliers and banks to improve the local property market, the HCM City Real Estate Association has said.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Illustrative image (Photo: VNA) 
