Savills offers residential sales, leasing services for foreigners
Savills Vietnam on October 27 announced the launch of its International Residential Sales and Leasing Department in Ho Chi Minh City intended to provide services for foreigners.
The Vincom Center A building in Ho Chi Minh City (Photo: VNA)
Savills Vietnam on October 27 announced the launch of its International Residential Sales and Leasing Department in Ho Chi Minh City intended to provide services for foreigners.
According to the real estate service provider, the number of foreign experts flocking to Vietnam has seen a sharp rise since the beginning of 2015.
The firm has been receiving increasing enquiries from foreign clients who expressed interest in purchasing or leasing a property in Ho Chi Minh City and surrounding areas.
The trend is largely owing to the newly-amended Housing Law which allows foreigners to lease and own a maximum of 30 percent of an apartment building or a maximum of 250 villas or townhouses. The new law effectively provides a registered 50-year leasehold title.
Besides, overseas experts and specialists are expected to extend their staying in Ho Chi Minh City once the Trans-Pacific Partnership (TPP), the ASEAN Economic Community (AEC) and the Vietnam-EU Free Trade Agreement come into effect.
Timo Schmidt, who has over 9 years of experience in residential property, was appointed as head of the department. He will support foreign clients to find properties not only in Ho Chi Minh City but also in resort cities, such as Nha Trang and Da Nang.-VNA
Foreign investors are seeking new investments in real estate projects in Vietnam with attention on those at good locations in Hanoi and Ho Chi Minh City, according to Saigon Giai phong newspaper.
The apartment retail segment in Nha Trang city in central Khanh Hoa province is growing in both supply and attention, reported Savills Vietnam real estate service provider.
Seventeen existing and new projects made a total of 9,550 apartments available in the real estate market of Ho Chi Minh City in the third quarter of this year, announced Savills Vietnam.
Some 550 villas and row houses are set to be available in Hanoi’s real estate market by the end of this year, according to statistics from Savills Vietnam, the largest property company in the country.
The Trans-Pacific Partnership (TPP) deal will have a positive impact on the domestic real estate market, while the property market has recovered in the third quarter, experts said.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
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.
The Vincom Center A building in Ho Chi Minh City (Photo: VNA)
