After a period of “inactive” due to legal problems and a huge decrease in demand, many resort real estate projects in the South are urging to change and find new development orientations. The negative effects of “inactive” projects The resort real estate market started to grow and develop rapidly since 2015 with a series of…
Resort real estate is still considered a potential business segment for investors looking for long-term goals. The bright future of the resort real estate market In 2020, thanks to the good control of the epidemics, many coastal destinations in the country have seen signs of recovery from the middle of the year with increasing numbers…
The supply of serviced apartments in Hanoi has surpassed the 5,000-unit mark, but the rental prospect is still limited, expecting a lot of FDI inflows and foreign experts to Vietnam. If the serviced apartment supplies sluggish in the last 4 years, from 4,000 units in 2016 to about 4,700 – 4,800 units in the years…
Compared with the first outbreak in 2020, investors and real estate businesses will not be affected much by the new outbreak. Many businesses are ready with their basket of goods and business strategies in 2021. Real estate businesses confidently face difficulties Experiencing an eventful 2020 year, although many businesses have to narrow their scale and…
Looking back on the real estate market in 2020, it can be seen that almost every segment has certain difficulties. The year 2021 is forecast to be a difficult year for real estate, although market opportunities are still clear. Thus, in order to invest in Vietnam successfully, investors need to have a clear strategy for…
Condotel maybe not a novel term anymore, but such definition only arrive in Vietnam recently. Since 2017s, Condotel has been a trending topic for real estate, many projects have been deployed such as Havana Nha Trang, CocoBay Da Nang, Condotel Grand World Phu Quoc,… However, Condotel transactions are problematic as Condotel itself has not been…
Lawyer Pham Duy Khuong of ASL LAW joined the first session of the Vietnam M&A Forum 2020 with other lawyers and experts sharing their thoughts about the opportunities and challenges of Vietnam’s M&A market in the new normal. Phan Duc Hieu, deputy head, Central Institute for Economic Management (CIEM) One factor driving M&A activities is…
(Published on Vietnam Investment Review). The world has been heavily affected during the COVID-19 pandemic since the beginning of the year, which has caused a serious decline in economies globally. However, due to the pandemic being under good control in many ASEAN member states, these economies are on the way to recovery and is one…
The Ministry of Construction released a draft circular which requires real estate developers to open a separate payment account for the 2% maintenance fee. The owner accordingly will have to agree immediately in the contract with the apartment buyer on a fixed account to collect the 2% maintenance fund. VTV has had a report on…
(Published on Vietnam Investment Review) International integration has been developing remarkably, in Vietnam and Singapore in particular. As two countries in the ASEAN, the international relationship among them has become closer so as to assist each other for mutual development. As a result, the two countries have opened their door for more funding from domestic…
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