The press conference of Vietnam Real Estate Symposium 2019 Auscham, exclusively partnered with Cushman & Wakefield, will host the event at Sofitel Saigon Plaza, Ho Chi Minh City on Thursday, September 12, 2019 where directors and experts from Vietnam’s real estate industry will provide key observations, analysis, and predictions about the future of the market and "What’s Next." This year, the organising board will continue its mission to produce the country’s “must-attend” event for commercial, industrial, and residential real estate in Vietnam. With one of the world’s fastest-growing economies, Vietnam has become more globalised than ever, despite increasing political and economic unrest across the globe. Commercial and residential real estate markets in Vietnam’s largest cities and adjacent provinces have boomed in recent years, leading to more domestic and foreign investment into Grade A and luxury properties. Following the global … [Read more...] about Vietnam Real Estate Symposium 2019: “What’s Next”
Real estate answering service
Excitement rises in Vietnam’s real estate
Michael Piro, COO of Indochina Capital How do you see the real estate market in Vietnam shaping up as of late? Overall, the market is in fairly good health, considering it has had a relatively strong run. We have seen most sectors grow, especially with strong demand in the apartment market. Apart from that, we have seen the hospitality and retail segments maintain their relatively good performance over the last few quarters. The market is in much better shape compared to 10-12 years ago, when times were difficult for developers. Now, we see more stable growth in the market based on a fundamentally strong economy, growing foreign direct investment (FDI), inflation that is seemingly under control, and a relatively stable currency. Vietnam is one of the fastest-rising economies in the whole world, and many foreigners have either already picked up on that fact or have begun to. The market is full of potential and I am really interested in finding out where it can go. What have … [Read more...] about Excitement rises in Vietnam’s real estate
JLL: Real estate market in 2019 marked by 5 trends
Vietnam’s real estate market will be shaped by five main trends in 2019 according to a JLL report: the mid-end and affordable apartment segment, flexible workspaces, technology companies in the office segment, e-commerce in logistics, and hotel lifestyle. The mid-end and affordable segment will dominate the country’s property market, with the report noting an increase in small and ultra-small apartments. About ten years ago, high-rise projects had two-bedroom apartments of about 120 sq m, but now there are no two-room apartments over 100 sq m being built. Preferences in apartment size among both buyers and developers have changed. “Most first-time homebuyers are only able to afford larger apartments in apartment blocks far from the city center,” said Mr. Stephen Wyatt, General Director of JLL Vietnam. “But psychologically, young buyers want to live in a convenient location, so they buy small apartments with full amenities and community … [Read more...] about JLL: Real estate market in 2019 marked by 5 trends
Tien Thinh International opens investment opportunities in Australia
Aiming to provide proper information on Australian investment opportunities as well as detailed explanations on the real estate purchase process in Australia, in early October 2018, Tien Thinh International hosted the Business Migration & Investment Opportunities In Australia 2018 Conferences with the theme of Commercial And Residential Property Investment In Australia in three major cities, including Ho Chi Minh City (October 9), Haiphong (October 11), and Hanoi (October 12). Tien Thinh International held three seminars about investment opportunities for Vietnamese firms in Australia The event has been successfully conducted with more than 100 potential attendees from the three major cities in Vietnam. Opening the event, Le Thanh Tung, director of Tien Thinh International, provided useful information on business migration and investment opportunities in Australia. Besides, Tung introduced the latest customer services recently launched by Tien Thinh International, such as … [Read more...] about Tien Thinh International opens investment opportunities in Australia
BUSINESS NEWS IN BRIEF 20/10
TH Group imports 1,800 more dairy cows from US Vietnamese dairy firm TH True Milk (TH Group) on October 14 received nearly 1,800 dairy cows of 3 or 5-month pregnancy which were inseminated through embryo transfer from US’ high-yield dairy cow Holstein Friesian. This is the largest herd of cows that TH has imported from the US so far. The group’s husbandry experts carefully examined standards related to origin, genealogy, genetic potential, appearance, physical strength, potential for milk production and ability to fight diseases in the tropical region. All individuals in the herd weigh 400-500 kg and are expected to produce 12,000 litres per head each 305 days on average. Milk production from these cows will begin in January 2019. According to Tal Cohen, General Director of the TH Milk Food Joint Stock Company - the management unit of the TH dairy cow farm, TH Group imported 1,300 dairy cows from the US in April 2017 for the first time. It also imported … [Read more...] about BUSINESS NEWS IN BRIEF 20/10