Vietnam’s “Condotel” market is a hot topic among real estate developers, property owners, travel agencies and government officials as increasing numbers of international tourists visit Vietnam. By definition, “Condotels” are condominiums that are operated as hotels, with owners allowed to make their units available for short-term rentals.
Vietnam is accelerating the construction of solar power plants to make up for an anticipated power shortfall due to the recent cancellation of two nuclear power projects that had been expected to generate power by 2030.
Although normally associated with crypto-currencies, Blockchain is a secure ledger system and it’s a technology base has the ability to evolve and transform a variety of business and it has the power to reinvent the property sector. Understanding why is far from simple since Blockchain technology is complicated.
How will the introduction of new Metrolines and Integrated Business Parks change the way we work, live and play? Both Ho Chi Minh City (HCMC) and Hanoi reported strong launching and sales activity in the first quarter of 2017. New launches came on a citywide and segment-wide manner in both main markets, and sales continued to respond positively to the new supply.
42 commercial banks are now eligible to provide loan guarantees for future home purchases, according to a recent circular of The State Bank of Viet Nam (SBV). The list includes both domestic and international banks and includes the following entities
The project was approved in 2010 and was expected to cost of $1.4 billion USD with completion expected in 2020. Currently the project is expected to incur cost increases during its building phase that will increase its costs to $2.1 billion USD.
Saigon – The HCMC government has revoked the licenses of 576 long-stalled property projects over the past five years, thus taking back around 5,900 hectares of land.
Becamex IDC Corporation—one of Vietnam’s leading property developers—plans to put 311.2 million shares…
Higher tax on second and subsequent homes should be applied as proposed by The HCM City People’s Committee to the Ministry of Construction.
In recent years, apartment projects with condotels or officetels have seen strong growth in the city.