Property

South-central Ninh Thuan province has approved 67 urban, residential, and tourism projects calling for investment in the 2021-2022 period. Among these are many with investment exceeding VND1 trillion ($44 million), with the highest being VND4.4 trillion ($193.5 million).

At a conference held by the Ministry of Construction on tackling difficulties facing businesses from Covid-19, recommendations were made by leaders of businesses and construction industry management agencies on quickly stabilizing business activities and recovering the economy. Deputy Minister of Construction Bui Hong Minh said the ministry will remove obstacles as quickly as possible.

Seven housing projects and six resort and vacation real estate projects were implemented in the south-central province Phu Yen during the third quarter of 2021. Seven other housing projects are completing procedures to kick-off construction, while three are completing procedures for investor recognition and six are selecting investors.

South-central Binh Dinh province will focus on building 41 industrial clusters on a total area of more than 600 ha in the 2020-2025 period, with priority being given to the processing of agriculture, forestry, and fishery products on 472 ha.

Hanoi has decided to adjust and supplement its land use planning in 2021 to suit the new circumstances. A number of ineffective projects have been removed from the planning, with many new projects added.

Thanh Hoa’s investment attraction is growing, especially in the tourism sector, thanks to it posting the highest economic growth in the north-central region. Real estate in Sam Son city is benefiting from “public and private synergy” in large-scale infrastructure projects that will establish a new price level in 2022.