Property

Over $3bln needed for housing development in Thai Nguyen

Northern Thai Nguyen province targets becoming a modern industrial locality by 2030 and a socio-economic center and growth point that has spillover effects on the northern mountainous region. It is working to achieve an average housing area of 34.4 sq m per person by that time. Total land demand for housing development is 8,386 ha, with more than VND75.3 trillion ($3.2 billion) in capital required.
Property

HCMC to change land use purpose of rice plots

Ho Chi Minh City will review and approve a list of projects this month that need land to be recovered or change the land use purpose in 21 districts and Thu Duc City, including more than 900 ha of land for rice. Households and individuals in nine districts will be able to change the land use purpose to residential and commercial land.