Cen Land is shifting from brokerage to development, targeting a 170% revenue increase and 424% profit growth in 2025.
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.
Despite the real estate market's lackluster performance, several companies are accelerating land acquisition efforts.
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.
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.
Despite years of leading in foreign investment attraction, Vietnam continues to face stiff competition and must intensify its efforts to remain competitive.
Taseco Land has initiated construction on its inaugural industrial park, Taseco Dong Van 3, located in Duy Tien district, Ha Nam province. The development aims to rapidly establish infrastructure to attract foreign investment into Vietnam.
Emmanuelle Gounot, CEO of Intrepid Vietnam, emphasizes that discounts undoubtedly play a crucial role in mega sales, but the true success and impact of the event extend beyond mere price reductions.
VinFast has broken ground at its electric vehicle manufacturing site in North Carolina, marking a significant milestone toward its global expansion and the company’s supply chain development in North America.
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.
Apple's supplier will deploy its new electronic component production project on a total area of 48 hectares in Nghe An province.
Leading Vietnamese real estate developer to become an official global supporter of the AFC Asian Qualifiers – Road to Qatar.
The total consideration of the deal is about $16 million.
This is BIM Land's first offshore bond issue after it borrowed about $140 million from IFC and Credit Suisse in 2019.
