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$86 million resort project fuels tough competition in Central Vietnam

Maibu MGM Hoi An project invested by Bamboo Capital on Ha My beach, Quang Nam province will be a formidable competitor in the high-end resort segment in this area.

Should investors spend their money in condotels?

General Manager of Novotel Phu Quoc Resort Lee Pearce said that there are several pitfalls and advantages when investing in condotel.

Seaside tourism real estate sector: promising but challenging

Seaside tourism real estate is becoming one of the most promising sectors and drawing huge attention from prominent investors and developers, according to Dr. Han Manh Tien, chairman of Vietnam Association of Corporate Directors.

Danang condo price surges to record high

Fast demand growth together with limited land fund are the main reasons for the price surges of luxury apartment segment in Danang city.

Legalization of condotel being ignored due to lack of synchronized laws

Proposal of concerned ministries to amend the four laws, including the Law on Real Estate Business, Land Law, Housing Law and Construction Law to legalize condotel was not considered by the National Assembly this time.

'Condotel investors in Vietnam offering aggressive returns'

Chief operating officer of the property developer Indochina Capital shows his concerns when investors are providing too many attractive offers to condotel buyers in Vietnam.

FLC cooperates with the US’s leading brand owner to run it hotel project in Central Vietnam

On May 10, 2018, FLC Group entered into the Memorandum of Understanding (MoU) with Best Western, a hotel management brand from the US.

What will happen if law and customers 'turn away' from condotel?

JLL Vietnam's Le Thi Huyen Trang said that in case condotel projects canot be sold due to legal risks and profit commitments, it will return to the original nature of hotels.

Ministry of Construction: Condotels should be used in the long term like residential land

Minister of Construction Pham Hong Ha proposed to amend the Land Law to allow using the land for trade in tourism services in the long term with obtaining land use fees similar to residential land.

Hoa Binh wins construction packages worth nearly US$66.1 million

Hoa Binh Construction and Real Estate Corporation (Hoa Binh), in January 2018, has won the tender of the seven packages involved in the construction of the foundation, structure and plastering.

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