CBRE Vietnam Real Estate Spotlight

Long An maps out plan for LNG power plant, Vietnam SDGs offer US$46 billion opportunity for private investors: StanChart, HCMC targets completion of many transport projects in 2020…

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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

Advertisement:
- Mozac Thao Dien (District 2)
  - Developer: Oxley MK Holdings Vietnam
  - Total units: 270 units
  - Scale: 2,800 sqm land area
  - Unit size: 43 – 154 sqm (1 – 4 bedrooms & penthouse)
- Terra Royal (District 3)
- Developer: Tien Phat JSC
- Total units: 300 units
- Scale: 6,581.2 sqm land are
- Unit size: 57 – 116 sqm (2 – 4 bedrooms)
- Developer: Bitexco
- Total units: 350 units
- Scale: 8,600 sqm land are
- Unit size: 90 – 275 sqm
- Spirit of Saigon

* 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

Vietnam expects first-quarter GDP growth 1 percentage point below target due to China virus, Lunar New Year

Tuoitre News

Vietnam’s gross domestic product growth in the first quarter of this year “will likely be one percentage point slower” than the 6.8% target due to China’s coronavirus epidemic and the week-long Lunar New Year holiday, the government said on Wednesday.

Vietnam's new consumer finance curbs to challenge business models: Fitch
Vietnamnet

Fitch Ratings believes larger, more established finance companies are better-placed to meet the new requirements while newer, smaller companies that concentrate on cash loans may find it harder to shift their business models.

Tourism, hospitality forked by coronavirus outbreak
Vnexpress

Vietnamese tour companies and hotels are concerned revenues could slip as a new coronavirus slashes the number of Chinese tourists, who accounted for almost a third of total visitors to Vietnam last year.

VN stocks edge up, profit-taking arises

Vir

Vietnamese shares advanced on Friday morning as investors switched attention to mid-cap and small-cap items. The benchmark VN-Index on the HCMC Stock Exchange inched up 0.08 per cent to close at 939.28 points.

Vietnam’s Pharmacity eyes 1,000 stores by end of 2021
Retail News Asia

Vietnam’s largest pharmacy retailer Pharmacity has raised VND730 billion (US$31.8 million) in a fresh funding round as it ramps up its expansion plans. According to a statement, the new funding will be used for further store network expansion. However, the identity of the investors was not revealed.

Several enterprises build agricultural product processing plants

SGGP News

In recent years, many Vietnamese enterprises have invested heavily in the post-harvest processing stage. Although the results are still far from expectation, this is a necessary direction of the agricultural industry to make it develop sustainably and adapt more effectively to natural disasters and epidemics.

HCMC targets completion of many transport projects in 2020

Vietnamplus

HCMC's authorities are planning to complete or start key transport infrastructure projects this year in an aim to reduce traffic congestion and develop connections between the city and neighbouring provinces.

Vietnam SDGs offer US$46 billion opportunity for private investors: StanChart

Hanoi Times

In Vietnam, the greatest SDG investment opportunities are found in transport infrastructure and improving digital access. All emerging markets need an estimated US$10 trillion (USD9.67 trillion) from private-sector investors to achieve the UN’s Sustainable Development Goals (SDGs), with Vietnam representing US$45.8 billion of that total, according to Opportunity2030: The Standard Chartered SDG Investment Map.

Vietnamese e-commerce startup Leflair suspends local operations
Deal Street Asia

Vietnam’s competitive e-commerce landscape has taken its toll on niche market Leflair, which has decided to suspend its local business operations for a year.

Long An maps out plan for LNG power plant
The Saigon Times

The Long An government has assigned the provincial Department of Industry and Trade to map out a plan for a liquefied natural gas (LNG)-fired thermal power plant to replace its coal-fueled power center, stated Le Minh Duc, director of the provincial department.

www.cbrevietnam.com

CBRE Vietnam Real Estate Spotlight – W5 2020

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