Property

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.

Its sunshine and breeze are invaluable resources for the development of renewable energy in south-central Ninh Thuan province. Under its planning, Ninh Thuan will be a gateway connecting the Southern Key Economic Region with provinces in the southern reaches of the central highlands and the south-central coast. It will develop its economy based on six pillar industries: energy, tourism, agriculture, forestry and fisheries, industry, education, and construction and real estate.