10:21 | 23/10/2020
Japanese trading house Sumitomo Corp. has taken on five partners for its smart city project in Hanoi, taking advantage of their infrastructure, technology, and other know-how for development efforts kicking off in fiscal 2021, according to Nikkei Asia Review.
10:21 | 23/10/2020
According to the 2019 audited consolidated financial statements, the Revenue from sales of goods and provision of services reached over VND3,339 billion which marking 11 times higher than 2018. In addition, Net profit after tax also reached nearly VND511 billion, posting the growth rate of 17% compared to 2018. Main contribution to this better business performance came from real estate business which accounted for 89% of total revenue(VND2,883 billion).
10:21 | 23/10/2020
Over one-third of Becamex IDC's revenue in the first half year 2018 was orginated from associate and joint companies. According to the lasted report from Viet Dragon sercurity corporation, Becamex IDC currently has 22 subsidiaries and associate companies in real estate, industrial investment, education and health. In details, VIETNAM-SINGAPORE INDUSTRIAL PARK J.V. CO.,LTD (code: VSIP), a joint venture company that Becamex IDC owned 49%, accumulated around VND 600-800 billion annually. However, except for VSIP, other associate companies which Becamex IDC invested in, did not record profit.
10:21 | 23/10/2020
The domestic real estate market has entered a new stage with changes aplenty in development policies and operational methods. As homebuyers become increasingly picky, to boost sales, developers need to find their own recipes for success.
10:21 | 23/10/2020
The real estate market expects 2018 to be another great year for foreign investment. Lawyer Le Net of LNT and Partners spoke to VIR's Le Son about the difficulties real estate developers are facing and the legal issues they hope will be resolved this year.
10:21 | 23/10/2020
Vietnam currently has 3,077 real estate development projects underway with a total investment of VND3.3 quadrillion (US$145.3 billion), heard a conference held by the Ministry of Construction on January 16.
10:21 | 23/10/2020
The ongoing improvement of Thu Thiem New Urban Area’s infrastructure system is connecting it better with neighbouring areas and making it a magnet for investment.
10:21 | 23/10/2020
The Ministry of Construction should take more effective steps to support the development of low-cost housing and build an information system about housing and property market to improve transparency, management and planning, said Prime Minister Nguyen Xuan Phuc.
10:21 | 23/10/2020
The capital city of Ha Noi is planning to develop housing area covering 11 million sq.m in 2018, according to the municipal Department of Construction.
10:21 | 23/10/2020
The hotel sector of Ho Chi Minh City (HCMC) recorded an occupancy rate of 76 per cent, while the villa and townhouse segment witnessed a year-on-year increase of 25 per cent in sales, according to Savills in its newly launched market briefing on fourth quarter of 2017.
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