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Second wave of Covid-19 dampens hopes for quick tourism recovery in 2020

The performance of hotel industry in the third quarter of 2020 will not see much improvement as Vietnam has faced a second wave of Covid-19 since late July, CBRE said.

Vietnam emerges as next production hub of Asia

Despite rising trade protectionism worldwide, Vietnam continues to set new export records and has emerged as the next manufacturing hub, CBRE said.

High land rental forces industrial producers to move out of first cities

More competitive land cost as well as lower occupancy rate are making emerging industrial areas in surrounding provinces become more attractive to investors and developers.

The next hotspots for second-home development

As Danang and Nha Trang has expericenced a slowdown in second-home supplies, non-traditional markets such as Binh Thuan and Ba Ria-Vung Tau are emerging as next hotspots.

New hotel supply to ease room shortage in Hanoi and Ho Chi Minh CIty

Hotel pipeline in Hanoi and Ho Chi Minh City is expected to accelerate in the next three years, helping ease supply shortage amid rising demand from international tourists, according to CBRE.

Investors ready to spend $1 billion to acquire real estate projects

As much as $1 billion is now ready to streamline into local real estate projects listed by property service provider Sohovietnam, according to its chairman Phan Xuan Can.

Vietnam rises to be a new manufacturing star as US-China trade war escalates

In 2019 and 2020, Vietnam will be welcoming a new wave of production and manufacturing shifting from China. Such trend will give rise to the industrial property across the nation, according to CBRE.

Apartment launch in Ho Chi Minh City drops to lowest level in three years

There were only 12 newly launched projects in Ho Chi Minh condominium market in the first quarter of 2019, dropping significantly due to long Tet holiday and slow licensing process, according to CBRE.

Chinese buyers flock to luxury apartments in Ho Chi Minh City

Chinese buyers are making up a dominant part of transacted luxury and high-end apartments, showing their keen interest in Vietnam's real estate market.

Vietnam's real estate shining bright on global investors' radar screen

The largest transactions this year, for major office, residential and retail sites, all backed by foreign capital let people gauge the fervor foreign investors have in Vietnam, Asia’s rising star.

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