MARKET SNAPSHOTS WEEK 24/2022
Japanese company invested VND 3.9 billion in a Danang City's resort
Japan-based Mikazuki Hotel Group opened the 13 hectares Mikazuki Japanese Resort & Spa in the coastal Da Nang city on June 8th.
There was the investor, that would develop an urban area of nearly VND 900 billion in Quang Ngai province
The People's Committee of Quang Ngai province had approved Vietnam Property and Infrastructure JSC. as the developer for Bac Sa Huynh Urban Area project, in Duc Pho town, Quang Ngai province. The project has a total investment of about VND 884 billion, of which the developer's contributed capital is about VND 137 billion, and the rest is raising capital.
Hanoi capital would establish and invest in 3 industrial parks
The Management Board of Ha Noi Industrial and Export Processing Zone Authority (HIZA) aimed to establish a new industrial park and complete investment procedures for 2-3 industrial parks and hi-tech parks in the last 6 months of the year.
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Catch up on real estate investment capital from Japan to Vietnam
There was a strong investment from Japan in Vietnam's real estate market when industry-leading companies are encouraged and promoted to invest and build smart cities in potential cities in 10 ASEAN countries.
There were conditions for converting industrial parks into urban-service areas
The Government had issued Decree 35/2022/ND-CP regulating the management of industrial parks and economic zones. The Decree stipulated the conditions for converting industrial parks to develop urban-service areas.
Land plots with red book legal in AN Residence, which was developed by VSIP, attracted investor
In case of the limited land fund and a sharp increase in real estate prices over the past time, land plots projects with red books legal located adjacent to Ho Chi Minh City such as Binh Duong, Dong Nai, and Long An are rarer day by day.