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VinaLand divests from series of real estate projects to gain nearly $120 million

VinaLand divests from series of real estate projects to gain nearly $120 million

VinaLand Limited, the real estate arm of investment company VinaCapital has completed eight project disposals in Danang, Ho Chi Minh City, Phu Yen, Binh Thuan and Dong Nai provinces within only four months.

Concept of Luxury to create a 'new identity' for resorts and condotels

The new concept of Luxury, creating and embracing additional values is considered as identity to make the local hospitality sector more attractive and adapted to ever-changeable demands.

SYM Ha Dong plant is transformed into a $115 million real estate project

A joint venture has just been established to develop a $115-million real estate project, on a land of over 40,000 square metres.

Bitexco Group nominates Savills Vietnam as official sales agent of The Manor Central Park

Savills Vietnam has been appointed as the official sales agent for The Manor Central Park, a high-quality township complex, located southwest of Hanoi.

The tallest five-star hotel Kenton Node Hotel Complex in Ho Chi Minh City has a Swiss world-known operator

Tai Nguyen Construction and Trading Company just signed a contract with the Switzerland based Mövenpick world-renowned hotel and restaurant management group on May 11 to manage the tallest five star hotel, Kenton Node Hotel Complex in Ho Chi Minh City.

The ownership of T&T Twin Towers remains a mystery

T&T Group has rejected to be the owner of big sized T&T Twin Towers project in Da Nang city but said that its subsidiary T&T Land would take part in the project as the developer and distributor only.

T&T Group rejected involvement in $321 million project in Thu Thiem as Keppel Land acted strangely

The major shareholder of Quoc Loc Phat Company, which is the owner of Song Viet complex in Thu Thiem urban area, HoChiMinh city has recently transferred most of the shares to another investor.

Contract to sell public land to Quoc Cuong Gia Lai at knock-down price is cancelled

Quoc Cuong Gia Lai JSC and Tan Thuan Investment and Construction One Member Limited Liability Company have terminated the sale and purchase contract of 32.4 hectares of land in HoChiMinh City, which did not cause economic loss to the State, according to local authorities.

Experts reveal ways to increase value of resort real estate in Vietnam

Just building large rooms or lobbies no longer delivers a sustainable competitive advantage and guest satisfaction for condotel projects, according to the leading real estate consultancy firm Savills Vietnam.

The first three-in-one hotel complex in Van Don Special Economic Zone

CEO Group and the world's leading hotel management group Accor have recently signed a memorandum of understanding in developing Sonasea Van Don Complex.

What will happen if law and customers 'turn away' from condotel?

JLL Vietnam's Le Thi Huyen Trang said that in case condotel projects canot be sold due to legal risks and profit commitments, it will return to the original nature of hotels.

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