A five-star hotel Dolce Hanoi Golden Lake Hotel, which claims to be the first property in the world clad in gold tiles, has opened.
Major investments from Japanese and Korean companies are expected to outline a modern urban centre in the western area of Hanoi's West Lake.
The facade of 25-storey hotel in the downtown area of Hanoi is being covered with gold-plated tiles, with construction expected to complete just in time for the Formula One race next year.
Land transferring activities in the past years are said to make extra cash for the developer to pay dividends to its shareholders.
For the first time, an international brand hotel has been opened in Ha Dong district, marking a further step in the movement of commercial real estates towards the West of Hanoi.
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Hoi An Golden Sea and Hanoi Golden Lake will open their doors by late 2019 and 2020.
The office market in the last three months of 2018 is projected to be extremely booming with the entry of Thai Square- Grade A office building in Centre Business District (CBD) and three Grade B office buildings in the west area, according to CBRE.
The South Korea's two leading corporations in the field of retail and entertainment services namely E - Mart and CJ are currently carrying out their large sized investment projects located in STARLAKE urban area.
An array of the modern mega-projects has ever been launched in the north, east and west of Hanoi.
Combining with many unique tours for visitors to explore the special destinations of the Mekong River Delta, Azerai Can Tho promises to become a high-end residence, opening up unique cultural experiences for guests traveling to the West of Vietnam.
BRG group’s plan to develop Thang Loi hotel into a 36-storey complex is unlikely to be implemented as Hanoi said that it is not in accordance with the master planning of the West Lake area.
The wave of equitization of state-owned enterprises (SOEs) is creating opportunities for several private corporations to control SOEs and gain additional benefits for their value chain.
At the meeting with Deputy Prime Minister Trinh Dinh Dung on November 22, Richard Courey, Chairman of Vision Transportation Group (VTG) expressed the group’s desire to invest in the urban railway No.2 connecting Noi Bai airport and the West lake in the form of public-private partnerships (PPPs).
The construction of the Ring Road No.3.5 running from Thang Long Highway to National Highway No.32 has just started, bringing many potentials to the real estate market in the west of Hanoi.
