Businesses in the southern commercial hub are investing more in upscale, larger office spaces.
Indochina Kajima, a joint venture between Indochina Capital and Kajima Corporation, has commenced contruction on an industrial property and a hotel in the northern port city of Hai Phong.
Savills Vietnam has been named the lead leasing and marketing agent for Capital Place – a property developed by CapitaLand and Mitsubishi Estate.
The Vincity Ocean Park mega township is luring interest from South Korean buyers.
Da Nang City People's Committee has just granted the investment certificate to Long Hau Joint-Stock Company to build the first factory complex for lease on an area of 29.6ha in Da Nang Hi-tech Park.
The number of airplanes ordered and purchased by Bamboo Airways is beyond the guidelines approved by the Prime Minister as well as the application for air transportation business license of the airline remains pending.
The Government Office has sent a document asking for seven ministries’ opinions on the settlement of problems in the lease of land for the expansion of Toyota’s project in Vinh Phuc province.
According to Dr. Nguyen Duc Thanh, the current draft law on Special Administrative-Economic Units has failed to do the single most important thing which is to create breakthroughs in the business environment and administrative institutions.
The recently overheated matter of a land lease term of 99 years applying at special economic zones on a trial basis has been affirmed to be shortened but the draft law on Special Administrative-Economic Units remains not to be approved in this plenary session of the National Assembly.
Bamboo Airways has contacted many partners to lease 10 aircraft which are planned to come into operation in the fourth quarter of this year, according to the airline’s representative.
The report of Vietnam National Chemical Group (Vinachem) shows that the total loans and finance lease liabilities of Vinachem as of June 2017 were more than VND19,000 billion (roughly US$837.37 million).
Prime Minister (PM) Nguyen Xuan Phuc demanded that the revision of the draft law on Special Administrative-Economic Units should aim at increasing the term of land allocation, land lease and land use and allowing foreigners to own apartments for a maximum term of 99 years.
