While thousands of real estate businesses are exiting the market, a select few are boldly entering the sector. However, navigating this challenging landscape requires careful decision-making and strategic execution to overcome obstacles and succeed amidst uncertainties. Industry outsiders eye real estate Despite facing legal obstacles and tightened access to funds, Vietnam’s real estate market retains its allure as a significant driver of GDP growth, alongside the banking sector, and a key player in stock market development. Moreover, it has been a pathway for many Vietnamese individuals to achieve wealth. This enduring appeal has prompted industry outsiders to enter the real estate sector, undeterred by current challenges. One notable example is Hoa Sen Group, a leading steel producer, which recently ventured into real estate with the establishment of Hoa Sen Sai Gon JSC. Hoa Sen Group’s foray into real estate involves targeting properties valued between VND1 trillion and VND3 trillion for development into office buildings, commercial centers, and residential areas. The company plans to retain some office space for its own use while leasing out or potentially selling the remainder based on market conditions. This strategic move is slated to launch early this year. Tracking Hoa Sen Group’s journey in the […]
While thousands of real estate businesses are exiting the market, a select few are boldly entering the sector. However, navigating this challenging landscape requires careful decision-making and strategic execution to overcome obstacles and succeed amidst uncertainties. Industry outsiders eye real estate Despite facing legal obstacles and tightened access to funds, Vietnam’s real estate market retains its allure as a significant driver of GDP growth, alongside the banking sector, and a key player in stock market development. Moreover, it has been a pathway for many Vietnamese individuals to achieve wealth. This enduring appeal has prompted industry outsiders to enter the real estate sector, undeterred by current challenges. One notable example is Hoa Sen Group, a leading steel producer, which recently ventured into real estate with the establishment of Hoa Sen Sai Gon JSC. Hoa Sen Group’s foray into real estate involves targeting properties valued between VND1 trillion and VND3 trillion for development into office buildings, commercial centers, and residential areas. The company plans to retain some office space for its own use while leasing out or potentially selling the remainder based on market conditions. This strategic move is slated to launch early this year. Tracking Hoa Sen Group’s journey in the […]
While thousands of real estate businesses are exiting the market, a select few are boldly entering the sector. However, navigating this challenging landscape requires careful decision-making and strategic execution to overcome obstacles and succeed amidst uncertainties. Industry outsiders eye real estate Despite facing legal obstacles and tightened access to funds, Vietnam’s real estate market retains its allure as a significant driver of GDP growth, alongside the banking sector, and a key player in stock market development. Moreover, it has been a pathway for many Vietnamese individuals to achieve wealth. This enduring appeal has prompted industry outsiders to enter the real estate sector, undeterred by current challenges. One notable example is Hoa Sen Group, a leading steel producer, which recently ventured into real estate with the establishment of Hoa Sen Sai Gon JSC. Hoa Sen Group’s foray into real estate involves targeting properties valued between VND1 trillion and VND3 trillion for development into office buildings, commercial centers, and residential areas. The company plans to retain some office space for its own use while leasing out or potentially selling the remainder based on market conditions. This strategic move is slated to launch early this year. Tracking Hoa Sen Group’s journey in the […]
Upgrading its relations with major bilateral and multilateral partners helps Vietnam enhance its global stance and become an attractive destination for foreign direct investment...
The revised Housing Law provides conductive mechanisms and policies for social housing development, potentially improving supply and demand. But its real-world implications remain uncertain.
Favorable...
HCMC – The corporate bond market has stagnated, with new issues taking a nosedive to a mere VND14.8 trillion year-to-date.
Despite a 2.4 percentage point...
HCMC – U.S. firms are committing to substantial investment in Vietnam across a spectrum of sectors, including technology, electronics, aviation, electric vehicles, logistics, energy,...
HCMC - Vietnam's bond market saw a 0.4% quarter-on-quarter contraction in the fourth quarter of last year, according to the Asian Development Bank (ADB).
The...