CBRE Vietnam Real Estate Spotlight

HCMC calls for WB’s support to build int’l financial centre, New foreign companies reshape Vietnam’s securities brokerage market share, EU lawmakers give initial backing to Vietnam trade deal…

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- The Zen Residence – Hoang Mai District
  - Total units: 927 units
  - Scale: 14,100 sqm land area
  - Unit size: 54 – 221 sqm (2 – 3 bedrooms & penthouse)
  - Price*: from VND28 million psm
- The Zei – Nam Tu Liem District
  - Total units: 891 units
  - Scale: 7,700 sqm land area
  - Unit size: 84 – 106 sqm (2 – 3 bedrooms)
  - Price*: from VND40 million per sqm

* Prices included VAT

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- Terra Mia (District 7)
  - Developer: Khang Nam Real Estate
  - Total units: 440 units
  - Scale: 7,438 sqm land area
  - Unit size: 54 – 90 sqm
- Sunshine Continental (District 10)
  - Developer: Sunshine Group
  - Total units: 470 units
  - Scale: 18,706 sqm land are
  - Unit size: 80-110 sqm

* 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

Projects to ease traffic jam sluggishly implemented in HCMC

Saigon Giai Phong News

Rampant traffic jam keeps occurring in the entrance gateways to HCMC, especially areas surrounding Tan Son Nhat International Airport and Mien Dong (East) Coach Station in days near Tet holiday every year. However projects meant for reducing the traffic jam have been stagnant due to complicated procedures.

EU lawmakers give initial backing to Vietnam trade deal
Reuters

BRUSSELS (Reuters) – EU lawmakers gave initial backing on Tuesday for a free trade agreement struck with Vietnam, the bloc’s most comprehensive such pact with a developing country and a sign that Europe has an appetite for a more expansive trade policy.

CPI in January hits record high in recent 7 years

Vietnamnet

Vietnam’s consumer price index (CPI) in January hit a record high, up 1.23 percent over the previous month and 6.43 percent year on year, according to the General Statistics Office (GSO).

Barriers keep foreign investors away from Vietnam’s high-tech parks

Vietnamnet

Experts suggest that to increase the attractiveness of the high-tech parks, together with effective special incentives, the high-tech parks should have a dynamic working environment, and modern and synchronous infrastructure.

Mitsubishi, Nomura unit acquire 80% in Vingroup’s $918m housing project
Deal Street Asia

Japan’s Mitsubishi Corporation and Nomura Real Estate have jointly invested in a housing development project developed by Vietnam’s biggest business conglomerate Vingroup. The duo acquired 80 per cent in the second phase of the Grand Park project, a township development located in District 9, HCMC, according to an announcement.

Vietnam Airlines, Jetstar Pacific halt many routes linking with China

Vietnamplus

Vietnam Airlines and Jetstar Pacific have become the latest Vietnamese carriers to change schedules of flights linking the country with China in the face of the acute respiratory disease caused by the novel coronavirus (nCoV).

Delivery services to grow 30-40 percent in 2020

Vietnamplus

The logistics sector is forecast to continue growing strongly this year, with expansion in both retail and e-commerce channels. The agency also estimated that delivery services would record a revenue growth of 30-40 percent, with the market growing 20 percent and large companies taking a bigger share.

New foreign companies reshape Vietnam’s securities brokerage market share

Hanoi Times

The Vietnam’s stock brokerage market share has experienced big change due to the strong participation of foreign securities companies, especially of Korea-invested ones.

HCMC calls for WB’s support to build int’l financial centre
Vir

At an event to unveil the WB’s Vietnam Development Report 2019, Chairman of the municipal People’s Committee Nguyen Thanh Phong said although the city has taken leading steps in development connectivity, the size of its economy remains modest with 58 billion USD. Therefore, despite a high annual growth rate, the local economy still lags far behind those of big cities in the region.

Firms urged to prepare for impacts of coronavirus

Vir

The Import-Export Department under the Ministry of Industry and Trade is keeping a close watch on the development of the coronavirus, urging firms to prepare for impacts of the epidemic on exports, especially shipments of agricultural products, to China.

www.cbrevietnam.com

CBRE Vietnam Real Estate Spotlight – W4 2020

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