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Da Nang to focus on building large-scale urban areas
Property

Da Nang to focus on building large-scale urban areas

Real estate projects in Da Nang have primarily focused on the resort segment over the last decade. The city now needs residential urban areas but will not build small, fragmented developments that are difficult to link with infrastructure. Instead, it aims to create large-scale ecological urban areas associated with the conservation of natural landscapes.
Property

Aurora IP gaining worldwide attention

Features and stories about the Rang Dong Textile and Garment Industrial Park (Aurora IP), belonging to the Cat Tuong Real Estate Group Joint Stock Company, have been published by many leading news agencies around the world, such as Bloomberg, Market Insider, Yahoo Finance, and Daily Express. The IP is gaining appeal among domestic and foreign investors, and contributes to the sustainable development of the textile industry.
Property

Additional special mechanisms for Da Nang

The government has issued a decree amending and supplementing a number of specific mechanisms on investment, finance, budget, and the decentralization of management in central Da Nang city. The city’s People’s Committee is permitted to decide on the urban development area, and its People’s Council may consider and decide on investing in industrial clusters.
Interest in land plots down

Interest in land plots down

According to data from Batdongsan.com.vn, interest in land plots fell 18 per cent during April compared to March and 8 per cent year-on-year. Analysts believe that real estate credit policies and tightened planning for land plots are behind the decline in the trade of plots.
Two social housing projects for Nghe An

Two social housing projects for Nghe An

Two social housing projects are set to be implemented in northern Nghe An province with total investment of VND6.88 trillion ($295.89 million). They have nearly 6,500 apartments, providing accommodation for some 20,000 workers at the Nam Cam Industrial Park. Nghe An has identified these as key projects in synchronizing services and social infrastructure at the industrial park.
Vinhomes to build 500,000 social housing units

Vinhomes to build 500,000 social housing units

Vinhomes has set a goal of completing 500,000 social housing units over the next five years, with projects to be implemented on the periphery of major cities and provinces, including Hanoi, Ho Chi Minh City, Hai Phong, Quang Ninh, and Da Nang, among others. Each project will range from 50 to 60 ha or more and build what Vinhomes calls “Happy Homes”. This is the first “full utility” social housing model in Vietnam.
HCMC in need of affordable housing

HCMC in need of affordable housing

According to the Ho Chi Minh City People’s Committee, the city’s real estate market is skewing towards the high-end segment and more affordable housing is needed. CBRE has said that the high-end segment has led the city’s real estate market since 2020 and accounted for over half of new supply in the first quarter of this year.
Thanh Hoa green lights social housing project

Thanh Hoa green lights social housing project

North-central Thanh Hoa province has approved a social housing project in Nam Ngan ward in Thanh Hoa city. On 28,000 sq m and with capital of more than VND3.7 trillion ($159.52 million), the project will build 2,400 apartments for low-income earners and is expected to be completed in 2027.
Credit tightening may push up housing prices

Credit tightening may push up housing prices

According to analysts at the “Controlling capital into real estate - Policy and impact” seminar on May 11, if banks continue to tighten lending to real estate then real estate businesses will face difficulties and many projects will lack capital and not be implemented. The supply-demand imbalance will increase as a result, leading to an escalation in housing prices.

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