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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.

Office rents keep rising in Ho Chi Minh City and Hanoi

Demand is strong enough to absorb nobtable new supply.

Keppel Land partners Phu Long to develop three residential sites in Saigon South

This is the first deal the established Vietnamese developer has inked with a foreign partner although it has developed a number of quality residential projects.

New hotel supply to ease room shortage in Hanoi and Ho Chi Minh CIty

Hotel pipeline in Hanoi and Ho Chi Minh City is expected to accelerate in the next three years, helping ease supply shortage amid rising demand from international tourists, according to CBRE.

Housing demand remains healthy despite supply at lowest level in five years

Demand for apartments in both Hanoi and Ho Chi Minh City remains rather healthy in the face of limited new projects. While prices stay flat in the capital city, they soar to a record high in the bustling southern city.

Samsung, Toshin lead the investment wave in West West Lake area

Major investments from Japanese and Korean companies are expected to outline a modern urban centre in the western area of Hanoi's West Lake.

Hanoi's biggest office complex open for lease

Savills Vietnam has been named the lead leasing and marketing agent for Capital Place – a property developed by CapitaLand and Mitsubishi Estate.

Lotte shakes hand with FLC to accelerate property investments in Vietnam

A joint venture between FLC Group and Lotte Land has been formed in early June with a chartered capital of over $24 million to invest in a real estate project in Hanoi.

Immersive cultural and entertainment concepts enhance retail experience

The stresses of modern life can often make us feel as though we do not have enough free time. So, it is no surprise that when it comes to leisure activities, consumers are becoming more demanding.

How investors can win the homestay race

When investing in homestay properties has emerged as a new trend, investors ought to take into account a number of factors to maximise their profit in the long term.

Hanoi builds the world's first gold-coated hotel

The facade of 25-storey hotel in the downtown area of Hanoi is being covered with gold-plated tiles, with construction expected to complete just in time for the Formula One race next year.

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