Bedrock real estate

The negative impact was not felt in all segments. Which areas are in trouble and which others can capitalise more efficiently? It is certainly true that retail and hospitality have been hit particularly hard. Whilst retailers may now be able to work towards a recovery in sales, bricks and mortar retail developers face the longstanding threat of the shift towards e-commerce, which has accelerated further over the last few months. … [Read more...] about Positive signals for resurgent Vietnamese real estate

Since entering the domestic market, JUTEC has largely focused on studying various markets and seeking new investment opportunities. In anticipation of the increasing demand for serviced apartments among foreign experts and the demand for new construction materials domestically, it has decided to establish a new joint venture in the country. … [Read more...] about JUTEC seeks investment opportunities in Vietnamese real estate

Tokyo (VNA) - Japanese building product distributor JUTEC Holdings Corporation will team up with a Vietnamese partner to establish a housing services joint venture in Vietnam. The company, in which JUTEC will hold 50 percent, will offer apartment management and operations services following Japanese standards, to bring the best experience possible to foreigners working and living in Vietnam. It will also import modern Japanese construction materials for distribution in the Vietnamese market. The joint venture will cater to demand for apartments for lease, targeting foreign experts, and promote new building materials in Vietnam.   Founded in 1923, JUTEC had 778 employees as of April, with capital of 850 million JPY (7.9 million USD). It arrived in Vietnam in 2015 via opening a representative office to study the local market./. … [Read more...] about Japan’s JUTEC Corp. to enter local real estate market

Many realtors had said there were too many property projects. Nguyen Thanh Nam, general director of T.N.L. Real Estate Company, told Bao Dau Tu newspaper that Hau Giang’s supply of real estate projects was much higher than demand. … [Read more...] about Hau Giang Province overrun with property projects

Chairman of VCCI, Vu Tien Loc said: "The programme is not only a contest for marking and awarding the most sustainable firms, but also to change mindsets. Instead of doing business just "for quick profit", the firms will need to think about being a ‘humane business with economic benefits in harmony with social development and environmental protection in the long term.’” … [Read more...] about BUSINESS NEWS HEADLINES MAY 29