While the average price of apartments in Hanoi has reached new heights, with supply primarily concentrated in the premium and luxury segments, there are still no signs of a price slowdown.
Recent land auctions in Hanoi have seen land prices skyrocket, raising concerns among experts about the potential negative effects on the real estate market and the local economy.
The apartment market in Hanoi shows no signs of slowing down as prices continue to soar, with industry experts projecting further escalation until hitting the affordability threshold for prospective buyers.
In the hospitality industry, leaders like general director of Furama Resort Danang Nguyen Duc Quynh recognize the necessity of prioritizing risk management amidst the unpredictable fluctuations brought about by pandemics, wars, competition,or policy changes, all of which shape the path to sustainable development.
Vietnamese airlines are actively expanding their international routes to capitalize on the recovery of tourism.
Gamuda’s property arm Gamuda Land has entered into an agreement to acquire a 3.7-hectare site in Thu Duc City in Ho Chi Minh City for approximately $316 million.
“For VinFast, the vision was a better future—so the cars we design and create are just part of that bigger vision,” said VinFast’s Global CEO Le Thi Thu Thuy.
The partnership between Charge+ and CapitaLand Development is aimed to contribute to Vietnam’s goal to achieve net zero emissions by 2050.
Hoang Duc Vuong, head of the Recycled Plastics Unit at the Vietnam Plastics Association, stresses that in a good circular economy model, the design of product packaging must be suitable for the goals of collection and recycling, not only in treatmeant progress.
The agreement is part of Phu Long’s ambitious plan to develop a mammoth resort paradise on Phu Quoc island with a focus on wellness tourism.
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Vingroup’s leverage will likely remain elevated over the next 12-18 months, driven by its increasing debt-funded capital expenditure in the auto business.
The Vietnamese education startup has raised $4 million in Series B round of funding led by Hong Kong-based investment firm Hendale Capital, together with Viet Capital Ventures and Southeast Asian-focused investor Nullabor.
The tragic loss of the six-year-old school boy has caused fury among locals over the private school’s total recklessness.
The Ho Chi Minh City-based property developer has successfully closed nearly $121 million in fundraising from a group of investors including EXS Capital, ACA Investments, and Credit Suisse AG.
