Danang, which is a leader in “smart city” technologies in Vietnam and which has been called Vietnam’s “Most Livable City” is now seeing to take a lead in “Smart Agriculture” and is seeing $66 million USD for investment in five high-tech farms with plans to create a center for hi-tech-farming in the central region.
Thu Thiem, the proposed financial district and mixed-use urban area of Ho Chi Minh City, is set to become the largest inner city development in Southeast Asia according the real estate management company, JLL.
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 Ho Chi Minh City government has asked the Vietnam central government for an additional $800 million USD for the city’s metro line #2 project which is slated to run for 12 kilometers from Tham Luong to Ben Thanh. At the same time, the city has also asked the central government to allow it to delay the project till 2024.
Vincom Retail JSC’s existing investors raised 16.1 trillion dong ($709 million) after pricing an initial public offering of the Vietnamese mall operator at the top end of a marketed range.
According to the World Bank, Vietnam’s economy has experienced rapid growth in recent years, and the average annual income...
Cushman & Wakefield - Real Estate Reports
JLL - Vietnam Market Watch
JLL - Vietnam Real Estate Reports