Against a backdrop of economic turbulence, Vietnam's real estate market is witnessing a tentative revival, buoyed by promising developments and cautious investor optimism.
This ambitious target comes as the company anticipates substantial contributions from several key projects slated for unveiling in the latter half of the year
Mauro Gasparotti, director of Savills Hotels points out problems Phu Quoc is facing and how to develop the island in a sustainable way.
Many developers' rushing to build hotels without careful planning is posing threats to the island's attractiveness.
Phu Quoc Island is an ideal choice for travel and long-term relaxation, with a complete visa exemption policy for international visitors, a temporary stay of up to 30 days, a populous and rich nature, and impressive architecture.
A consortium led by KKR that includes Temasek has completed the acquisition of an investment in Vinhomes Joint Stock Company, the leading integrated real estate developer in Vietnam.
L’Alyana Senses World is poised to elevate tourism in Phu Quoc island to a new height.
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.
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.
Vinhomes has completed its acquisition of Delta JSC, a subsidiary of cosmetics and cleaning agents producer Daso Group, and Green City Development JSC, in July, to further reinforce its foothold in the real estate business.
The low cost carrier will be operating four new routes connecting Phu Quoc to various domestic and international destinations, to serve the rising number of tourists and investors attracted to the Pearl Island of Vietnam.
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The central hub of Cat Ba is now framed by a chain of low-rise concrete hotels along its once lovely bay, but the rest of the island is largely untouched and as wild as ever.
In the first quarter, Techcombank’s lending growth has risen stoutly as the lender started to disburse home loans to buyers of the Vinhomes Sapphire project.
The first quarter saw the outstanding amount of local currency (LCY) corporate bonds reached some $4.34 billion, with growth declining 1.3 per cent quarter-on-quarter but rising 31.9 per cent year-on-year, according to ADB.
