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One New Launched:
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BerRiver Jardin (N04 & N05) – Long Bien District
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Total units: 305 units
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Scale: 30,000 sqm
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Unit size: 48 – 183 sqm (1 – 4 bedrooms)
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Price*: from VND 33 million psm
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Le Grand Jardin – Long Bien District
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Total units: 1,120 units
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Scale: 5,800 sqm
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Unit size: 49.87 – 105.09 sqm (2 – 3 bedrooms)
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Price*: from VND 28 million psm
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The Zei – Nam Tu Liem District
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Total units: 891 units
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Scale: 7,700 sqm land area
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Unit size: 84 – 106 sqm (2 – 3 bedrooms)
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Price*: from VND 40 million per sqm
* Prices included VAT
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No New Launch
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Masteri Centre Point (District 9)
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Developer: Masterise Homes
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Total scale: 10 towers
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Unit size: 1 – 4 bedrooms
* 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
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Trade surplus hits $19 billion, highest since 2016
Vietnamnews
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Vietnam is estimated to enjoy a trade surplus of US$19.1 billion this year, the highest since 2016, despite the challenges posed by the COVID-19 pandemic. The country’s total trade revenue has hit $543.9 billion, up 5.1 per cent year-on-year. Of the total, export value is $281.5 billion and imports $262.4 billion, year-on-year rises of 6.5 per cent and 3.6 per cent, respectively. While the world economy is seriously affected by the pandemic, the trade surplus of $19.1 billion shows Vietnam has taken advantage of opportunities brought by signed free trade agreements (FTAs), especially the EU-Vietnam FTA and the quality of the country’s exports has improved, meeting the requirements of choosy markets
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GIC-led consortium invests $203m in Vingroup's hospital chain Vinmec
dealstreetasia
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A consortium led by Singapore sovereign fund GIC is acquiring a minority stake in Vietnam-based private hospital operator Vinmec, part of the conglomerate Vingroup, for 4.7 trillion dong ($203 million). Vinmec will use the proceeds to expand its medical network, according to a statement. Vingroup will continue to be the sole controlling shareholder of VMC, the company behind Vinmec, following the transaction, it said.
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FDI capital reaches US$28.5 billion, down 25 percent
SGGP
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According to the data recently announced by the Ministry of Planning and Investment (MPI), by December 20 this year, total foreign direct investment (FDI) capital in Vietnam, including newly-registered, adjusted capital, capital contribution, and purchase of shares, reached US$28.5 billion, a decrease of 25 percent compared to last year.
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Business closure hits record high amid pandemic
Vietnamnews
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Business closures hit a record high this year of 101,700, 13.9 per cent higher than last year, according to the General Statistics Office. Of them, 46,600 have suspended operations temporarily. Nearly 17,500 completed dissolution procedures, up 3.7 per cent, while nearly 37,700 registered to stop business operations and start dissolution procedures. Temporary business closures rose in all 17 industries, with retail and wholesale, auto and motor repair, construction, lodging and catering, employment services, tourism, property, education and training, and entertainment having high rates due to the impact of the COVID-19 pandemic.
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HCMC infrastructure development to focus on services sector
Vietnamnews
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HCMC infrastructure development is focused on transforming the economy and making it services-based. The city Department of Planning and Construction has submitted to the People’s Committee the 2020 – 2045 programme for developing industrial infrastructure. It seeks to make the city the country’s leader in terms of combining the services sector with infrastructure development and linking commerce with services and urban areas with industrial parks.
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FOR MORE INFORMATION,CONTACT:
Dung Duong MRICS
Senior Director
T +84 286 284 7668
dung.duong@cbre.com
An Nguyen
Director
T +84 24 6288 6379
an.nguyen@cbre.com
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