Hanoi is set to receive a significant future supply of over 100,000 apartments starting from 2025, a tenfold increase compared to the current availability.
The transaction consideration amounts to approximately $870 million and the deal is expected to be completed in the first half of next year.
The Northern area is home of lots of foreign companies in high-value sectors like computers, electronics, and electrical products, rubber and plastic, solar-related manufacturers.
Teaming up with real estate and technology experts to found Levitate, former Lazada Vietnam COO Fabian Wandt wants to help real estate developers deliver highly competitive and personalized products designed by home buyers themselves with the support of AI.
HSBC remains positive about the prospects of Vietnam’s stock market in 2022 as well as in the long term. HSBC Global Research forecasts VN-Index will reach 1,850 points in 2022.
With the swift and widespread adoption of technology, APAC has become home to many fast-growing digital economies.
Amid travel restrictions and general public wariness around safety, staying in a hotel close to home – and in many cases, the same city – is on the rise from the U.S. to Britain and Vietnam.
The central province has granted the investment registration certificate to a $100 million project and the investment memorandum for a $300 million project.
The flight VJ2737 today takes off and transports 230 stranded passengers from Danang to Hanoi. This is the first flight of the new-age carrier Vietjet operating to help passengers coming home while Danang has still imposed social distancing to prevent and control the spread of Covid-19.
Hanoi-based Lux Group has fully acquired the five-star, all-inclusive Emperor Cruises, adding to the travel and hospitality company’s portfolio that includes the DMC Luxury Travel and Heritage Cruises.
Imex Pan Pacific Group (IPPG) will set up a tax-free zone, home to factory outlets, duty-free department stores, restaurants and entertainment facilities, in Phu Quoc Island, to help round up a tourist ecosystem for visitors there.
The Vietnam Civil Aviation Authority (CAAV) has granted an Aircraft Operator Certificate (AOC) to Vietstar Airlines to carry out commercial flights in the country.
Many expats moving to Vietnam say they can quickly adjust to the way of life here and feel at home within just few months of arrival.
When the state ownership ratio diminishes, Toyota’s rivals will likely acquire VEAM stocks, creating a conflict of interest with the Japanese automaker.
