Property market attractive to foreign investors: Savills
Vietnam’s property market was attractive to foreign investors in the first two quarters of this year, with bustling merge and acquisition (M&A) activities, according to real estate firm Savills Vietnam.
HCM City(VNA) – Vietnam’s property market was attractive to foreign investors in thefirst two quarters of this year, with bustling merge and acquisition (M&A)activities, according to real estate firm Savills Vietnam.
Most attractiveprojects included the smart city in Dong Anh district of Hanoi with totalcapital of over 4 billion USD.
Covering 271 hectares,it is a cooperation project between Sumitomo Group of Japan and domesticinvestors.
Once completed, the projectis expected to become one of the most modern smart city in the Southeast Asiawith a high-tech transportation system.
Meanwhile, the realestate market in Ho Chi Minh City lured many big investors. In April this year,Frasers Property bought 75 percent of shares of Phu An Khang, the companyowning a housing complex project in District 2 worth about 18 million USD.
In early June 2018,Berjaya Land Berhad from Malaysia announced a plan to transfer the Vietnam FinancialCentre to a big enterprise and its member companies for 39 million USD after the major firm contributed 88 million USD to the project in March.
After the transactioncompleted, this firm and its member companies will own 6.6 hectares in District10 to build a complex.
In the housing market,Xuan Mai Group purchased Eco-Green Saigon project with a total area of 14hectares in District 7 of Ho Chi Minh City. Meanwhile, Nam Long Group continuedcooperating with Japanese investors – Hankyu Hanshin Properties and NishiNippon Railroad - to develop the Akari City project covering 8.8 hectares inBinh Tan district.
At the same time, NamLong Group also launched a Waterpoint Township project in the Mekong Deltaprovince of Long An in July. The 355-hectare project includes houses, villas,apartment buildings, hospital, education and sports facilities.
Savills predicted thatM&A activities will continue eventful in the section of industrial andoffice property in Vietnam.-VNA
Social housing development not only improves societal strength but also boosts the economy overall, said Minister of Construction Pham Hong Ha, emphasising that Government spending on social housing can lift the real estate industry as a whole.
The real estate sector in the central province of Quang Ngai has strong potential to grow, thanks to its geographic attributes but still-low property prices that appeal to investors.
Foreign investors in Vietnam disbursed a total of 9.85 billion USD from begining of this year to July 20, up 8.8 percent from a year earlier, the Foreign Investment Agency under the Ministry of Planning and Investment said.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.