On 1st June 2019, “THE EAST MARKET OF HCMC – Potential and Opportunity” event organized by Phuc Khang attracted more than 70 clients.
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With robust economic growth in Vietnam for the past several years, foreign buyers are diving into the real estate market as is evident by the pent-up demand from those looking to buy. Bich Ngoc reports on the most attractive segments so far for overseas buyers.
Investing in the booming shophouse segment in HCM City could end in losses, if market observers are to be believed.
Many property developers in HCM City are moving to neighbouring provinces and cities and even as far away as the central region as city authorities are issuing fewer licences and legal procedures elsewhere are simpler.
Vietnam-based online travel firm Vntrip has raised an undisclosed amount from Singapore- and China-based Jubilee Capital Management, according to the company’s announcement.
VinID Joint Stock Company, 80 per cent owned by Vietnamese business major Vingroup, has completed the acquisition of e-wallet platform MonPay, local media VnExpress reported.
ndochina Capital recently honors as one of the best property consulting firms in Vietnam at the awarding ceremony of Asia – Pacific IPAX 2019, held in Bangkok.
According to surveys on real estate market in recent time, apartment supply is declining sharply, which is said to be the cause for new projects to increase prices.