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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.

World’s first gold-plated hotel opens door in Vietnam

A five-star hotel Dolce Hanoi Golden Lake Hotel, which claims to be the first property in the world clad in gold tiles, has opened.

Alma resort re-opens on scenic Cam Ranh peninsula

Alma, a 196-pavilion and 384-suite resort that commands 74 acres of beachfront, 14 sublime food and beverage outlets and a cascade of 12 beachfront swimming pools, will reopen in Vietnam’s new “it” destination on May 31 in the wake of Covid-19.

Vietnam's hotels suffer huge damage from coronavirus

Due to the new ban on international travelers and rising concerns domestically, hotel occupancy in the first three weeks of March dropped dramatically to a single digit in many destinations within Vietnam.

Five key trends to watch out for in the Vietnam property market this year

The real estate consultancy anticipates elevated investment activity, sustainability and technology to be the next focus.

Homebuyers flock to suburban eco-cities

With their massive land funds and ample investment inflows for transport infrastructure development, the suburban cities surrounding Ho Chi Minh City are projected to become the next hotspot for investors and buyers.

Rising tourist arrivals weigh on recreational property in Ba Ria-Vung Tau

Given the surging demand for tourism in Ba Ria-Vung Tau, especially during themajor holidays, local lodging services may soon find themselves overloaded. Theprovince is in great need of quality recreational properties.

Hanoi, Ho Chi Minh City office markets offer high returns

According to JLL’s latest data, Southeast Asian and India markets offered the best returns for investors in 2019, and are expected to continue performing well in 2020.

Japanese investors seek opportunities to join Vietnam’s cash-strapped real estate market

Vietnamese developers are seeking new capital sources as banks tighten credit for real estate.

High land rental forces industrial producers to move out of first cities

More competitive land cost as well as lower occupancy rate are making emerging industrial areas in surrounding provinces become more attractive to investors and developers.

Phu Long unveils world of resorts in Phu Quoc

L’Alyana Senses World is poised to elevate tourism in Phu Quoc island to a new height.

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