Property

According to a recent survey by Colliers Vietnam, the country’s high-end real estate segment is being received very well with more than 80 per cent of products sold this year.

Vietnam is among the top 10 fastest-growing luxury real estate markets in the world, with supply increasing 11 per cent each year on average.

The Chairman of the Thanh Hoa Provincial People’s Committee, Mr. Do Minh Tuan, has recently signed Decision No. 2774/QD-UBND approving an investment policy for an urban residential area and commercial center in the beach town of Sam Son.

The Hau Giang Provincial People’s Committee has issued Document No. 1399 approving the investment policy for the Nga Bay urban area project.

Merger and acquisition (M&A) activities are still being seen in Vietnam’s real estate sector despite the complexity of the pandemic.

According to the Institute of Urban Construction Planning in Ho Chi Minh City, the general planning of the city to 2040 and vision to 2060 must focus on research into ASEAN cities such as Singapore, Kuala Lumpur, Bangkok, Jakarta, and Manila, and connect with the world via air and maritime routes to maximize its potential.