Despite the real estate market's lackluster performance, several companies are accelerating land acquisition efforts.
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.
Novaland Group is in the final stages of a comprehensive restructuring effort, addressing legal, bond, and cash flow crises as it seeks to regain its position as a major player in Vietnam’s real estate market.
Vietnam's real estate sector is grappling with significant challenges as it struggles to raise funds through bonds and faces looming maturity pressures in the latter half of 2024.
Real estate sector bonds account for a major trunk of corporate bonds due for redemption this year.
Dong Nai provincial authorities are actively seeking expedited support from Vietnam's central government to resolve ongoing obstacles hindering major real estate developments in the region.
Against a backdrop of economic turbulence, Vietnam's real estate market is witnessing a tentative revival, buoyed by promising developments and cautious investor optimism.
Prominent Vietnamese real estate developer Novaland is grappling with a staggering debt of over VND57 trillion despite concerted efforts to restructure its financial liabilities.
According to Savills' expert, global investors are paying more attention to ESG so the formulation of a comprehensive development strategy that incorporates sustainable environmental measures is imperative.
Mauro Gasparotti, director of Savills Hotels points out problems Phu Quoc is facing and how to develop the island in a sustainable way.
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.
Danh Khoi is step by step turning into a leading real estate development group in both domestic and foreign markets.
In the circumstance of the Covid-19 pandemic that has "frozen" the activities of many businesses, Danh Khoi Group has continuously introduced many projects to customers by online platforms and prepared plans to speed up when the market opens in the new normal.
