Property

Demand for social housing in southern Dong Nai province is expected to increase in the time to come. As many new industrial parks come into operation, the province’s workforce may increase by 450,000 workers. According to a plan on social housing in the 2021-2030 period, Dong Nai will set aside more than 920 ha of land for the task.

Urban planning and construction planning in Hanoi for the 2021-2025 period has been approved by the Chairman of the People’s Committee Chu Ngoc Anh. There are 236 projects and groups of projects, including one general urban planning project, four urban sub-division planning projects, 146 detailed urban planning projects and urban area groups, 34 separate urban design projects, and 14 district construction planning projects.

Possessing a strategic socio-economic position, the Van Don Economic Zone has been selected by the Prime Minister as one of eight coastal economic zones to be a focus of development investment from the State budget. It is expected that Van Don will attract about 13 additional projects this year with total capital of nearly VND127 trillion ($5.5 billion).

Ho Chi Minh City will announce 55 projects in Hoc Mon and Cu Chi districts calling for total investment capital of VND285 trillion ($12.5 billion) at the Investment Promotion Conference in the city, to be held shortly and chaired by State President Nguyen Xuan Phuc.

Resort real estate has been the fastest-growing sector in Vietnam since Covid-19 was brought under control. Anticipating its potential in the central coastal region in general and Quang Binh province in particular, investors are now focusing on the segment.

The housing development plan for south-central Khanh Hoa province in the 2021-2025 period has been approved by the Provincial People’s Committee. The total housing area will increase by at least 5.3 million sq m by 2025, equivalent to more than 51,200 houses. More than VND48.8 trillion ($2.14 billion) in capital is needed to implement the plan.