CBRE Vietnam Real Estate Spotlight

Work on Dien Bien Phu Airport expansion project likely to start next year, M&A deals' value nears US$5.43 billion in seven months, Trung Luong-My Thuan expressway expected to benefit Vinh Long, …

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- Imperia Sky Garden (Hai Ba Trung District)
  - Total units: 1,866 units
  - Scale: 7,847 sqm
  - Unit size: 57.91 – 105.2 sqm (2 – 3 bedrooms)
  - Price*: from VND36 million per sqm
- UDIC Westlake (Tay Ho District)
- Total units: 416 units
- Scale: 26,978 sqm land area
- Unit size: 83.7 – 166 sqm (2 – 3 bedrooms)
- Price*: from VND36 million per sqm
- Total units: 398 units
- Scale: 4,600 sqm land area
- Unit size: 103.4 – 158.6 sqm (2 – 3 bedrooms)
- Price*: from VND42 million per sqm
- Total units: 242 units
- Scale: 4,791 sqm land area
- Unit size: 133 – 239 sqm (2 – 4 bedrooms)
- Sunshine Center (Nam Tu Liem District)
- D’. Palais Louis (Cau Giay District)

* Prices included VAT

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- The Sóng Vung Tau
  - Developer: An Gia and Creed Group
  - Total units: 1654 units
  - Scale (GFA): 123,424 sqm
  - Unit size: 42 – 122sqm (1-3 bedrooms)
  - Compeltion: Q1/2020
- Waterpoint
- Developer: Nam Long, NNR, TBS Group và Tân Hiệp
- Total units: 1,150 units
- Scale: 355 ha

* Prices included VAT

Note: Selected newspapers include Dau Tu Bat Dong San, Thoi bao kinh te Vietnam, The gioi thong tin bat dong san, CafeF, Tuoitre, Tap chi dau tu bat dong san, Vietnamnet, Thi truong Bat dong san & Tai san, Nguoi dua tin, VnExpress

FOR MORE INFORMATION,CONTACT:

Dung Duong MRICS

Senior Director

T +84 286 284 7668

dung.duong@cbre.com

An Nguyen
Director

T +84 24 2220 0220

an.nguyen@cbre.com

Oakwood Residence Hanoi on track for end of September soft opening

Business Traveller

Oakwood Residence Hanoi, a new serviced residence in the West Lake (Tay Ho) area of the Vietnamese capital, is on track for an end of September opening, the property’s general manager Humayoon (Tom) Shaikhzadeh has told Business Traveller Asia-Pacific in a telephone interview. Oakwood’s third property in Vietnam and the first in Hanoi will offer 262 furnished serviced apartments with full-service facilities including a modern fusion restaurant, a residents’ lounge, fitness centre and an all-season swimming pool, he said.

Vietnam's Vinpearl Air takes off next summer with 6-plane fleet
Nikkei Asian Review

Vinpearl Air, the airline founded by leading Vietnamese conglomerate Vingroup, will begin commercial flights next July as the country's sixth carrier.

Phu Quoc calls for investment in three projects
The Saigon Times

Kien Giang Province's government has added three projects, at a cost of over VND4.8 trillion, to the list of projects in need of investment on Phu Quoc Island in 2019. Under the decision, signed by Kien Giang Chairman Pham Vu Hong, the three projects include An Thoi Villa Area covering 52.5 hectares of land in An Thoi Town; a villa, commercial and service complex covering an area of 11.24 hectares at Bai Truong Beach in Duong To Commune; and a waste treatment plant with a capacity of over 350 tons of waste per day in Ham Ninh Commune.

Trung Luong-My Thuan expressway expected to benefit Vinh Long

The Saigon Times

Vinh Long Province will seize many opportunities to attract foreign direct investment (FDI) when the Trung Luong-My Thuan expressway is opened to traffic, heard attendees at a conference on August 15.

Vietnam among 12 most valuable markets for global franchise expansion

VOV

The International Franchise Association ranked Vietnam eighth out of the 12 most valuable markets for global expansion, according to Nguyen Phi Van, chairwoman of Retail & Franchise Asia. The potential sectors for franchising include food and beverage (F&B), education, healthcare and nutrition, business services, hospitality, fashion, beauty and skincare, entertainment, children’s services, and convenience stores. According to a report by the Korea Agro-Fisheries & Food Trade Corporation, Vietnam is the most popular destination for 43 percent of companies from the Republic of Korea. As for presence, the total number of Korean F&B outlets reached 360 stores in Vietnam.

Amazon establishes subsidiary in Việt Nam

Vietnam News

Amazon has established a subsidiary in Việt Nam, Amazon Selling Vietnam’s CEO Trần Xuân Thủy told media. This was the first official announcement of the subsidiary. Amazon officially entered the Vietnamese market in March last year. The US e-commerce giant has co-operated with the Ministry of Industry and Trade (MoIT) on many programmes to enable local businesses to sell goods on its platform to expand their export potential.

M&A deals' value nears US$5.43 billion in seven months
SGGP News

Total value of merger and acquisition (M&A) deals in Vietnam has nearly reached US$5.43 billion in the first seven months of this year and is expected to touch US$7.6 billion this year. Some remarkable M&A deals were mainly related to investors, such as SK Group, Hanwha and Vingroup. Of which, total value of deals of Vingroup as both buyer and seller was up to US$2.41 billion, accounting for 25.64 percent of total M&A value in the period from July 2018 to July 2019.

Work on Dien Bien Phu Airport expansion project likely to start next year

The Saigon Times

Airports Corporation of Vietnam (ACV) has secured capital to start work on the Dien Bien Phu Airport expansion project in the northern mountainous province of Dien Bien at the end of next year, according to the Ministry of Transport.

Vietnam aims to sell stakes in nearly 100 state firms by end of 2020
Reuters

Vietnam plans to speed up its privatisation programme by selling stakes in nearly 100 state-owned firms by the end of 2020, including Agribank, the government said late on Thursday. It also plans to sell up to 100% of Vietnam Paper Corp. by the end of next year and two power-generating units of Vietnam Electricity Group, it said.

www.cbrevietnam.com

CBRE Vietnam Real Estate Spotlight – W33 2019

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