These projects have already received approved detailed planning and are part of the Mekong Delta city’s portfolio to invite independent social housing investment.
Chairman of the Hanoi People’s Committee Chu Ngoc Anh has signed a Decision on adjustments to the capital’s overall construction planning to 2030 and vision to 2050.
Investors are returning to Vietnam’s resort real estate market to take advantage of opportunities as supply increases and especially on Phu Quoc Island, which is preparing to pilot welcoming international visitors from November 20.
Though real estate supply and demand in Ho Chi Minh City and Hanoi have both fallen, prices have nonetheless increased year-on-year. One reason for this is cash flow changing from other sectors, such as stocks, to the real estate sector.
Deputy Prime Minister Vu Duc Dam has asked the Ba Ria-Vung Tau Provincial People’s Committee to adjust the planning for Con Dao Island to 2045, with its 16 islands on 7,678 ha to develop as an international modern special economic and tourism zone.
Having received permission from the government to transfer over 142 ha of rice land to build an industrial cluster, the Mekong Delta’s Long An province will transfer 36 ha for the Hoa Vien Phuoc Dong project.
Advantages in promoting investment in transport infrastructure combined with industrial and tourism development have created major opportunities for the real estate market in southern Ba Ria-Vung Tau province.