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Second wave of Covid-19 dampens hopes for quick tourism recovery in 2020

Second wave of Covid-19 dampens hopes for quick tourism recovery in 2020

The performance of hotel industry in the third quarter of 2020 will not see much improvement as Vietnam has faced a second wave of Covid-19 since late July, CBRE said.

Major social housing targets seem beyond reach

The national housing development strategy targets having 12.5 million square metres of social and affordable housing by 2020.

MoF issues official statement on 60 real-estate projects inspection proposal

At “Prime Minister with Enterprises” meeting conference held recently, Vietnam Minister of Finance Dinh Tien Dung issued the official statement about the temporary suspension and inspection of 60 real estate projects, which had previously been a controversial topic.

Hanoi: 10 more projects fail to meet fire-safety regulations

Hanoi Fire Fighting and Prevention Police in coordination with Vietnam Fire Prevention and Control, Rescue and Salvage Police Department (C66), has recently conducted fire safety inspections at 10 projects and high-rise construction sites, whose designs had previously been examined and approved by C66. The inspection was carried out on almost all the districts in Hanoi.

Foreign investors in race to take over real estate projects in Vietnam

The country's resort sector is looking like an attractive proposition as tourist numbers continue to climb.

Hanoi enlists Japanese help for US$4 billion smart city development

The Hanoi People’s Committee, BRG Group, and Sumitomo Group have just signed the $4-billion agreement to develop a smart city at the north of Hanoi, along the two sides of Nhat Tan-Noi Bai Highway.

The nouveau riche in the real estate market

As newcomers in the real estate market, they are known as ‘upstarts’ thanks to their rapid increase in capital and implementation of huge projects.

‘Tel’ properties need legal clarity

The emerging trend of “condotels” and “officetels” (condominiums and offices treated as hotels) as attractive investment options in the country requires that the legality of such properties are clarified urgently, experts say.

Hanoi, Saigon plan hotel expansions as foreign arrivals continue to rise

Vietnam's largest cities plan to add around 1,000 new rooms each by the year end.

Vietnam luxury hotel market becomes ‘hotspot’ in SE Asia

As luxury hotels prosper, more and more investors are pouring capital into the sector.

Hometel property segment promises big profits, big challenges

Though hometel properties are new in Vietnam, the segment is well known as a profitable business model as investors can make high profits when reselling or leasing.

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