REAL ESTATE BONDS PLACE PRESSURE ON ISSUING FIRMS
The ministry’s recent report underscores concerns within Vietnam’s corporate bond market for 2023 and 2024. It emphasizes the critical need to address hindrances to the real estate sector in line with the objectives provided in Government Resolution No. 33/NQ-CP, which aims to stabilize the industry.
NATION URGED TO BUILD ON ECO-IP MODEL
Industrial parks (IPs) involved in an initiative that aims to help push them into the realm of being classed as eco-parks have seen improvements across a string of indicators, according to a review event in Ho Chi Minh City last week.
YEN LU INDUSTRIAL PARK: NEW DESTINATION FOR INVESTORS
Bac Giang is a destination chosen by many domestic and foreign investors thanks to its locational advantages and its most opening and favorable investment policies. Assisted by local authorities, Capella Land Joint Stock Company has effectively invested in industrial zones, especially Yen Lu Industrial Park - a new destination for investors, to contribute to the province’s success in investment attraction.
NATION URGED TO BUILD ON ECO-IP MODEL
For the 2020-2024 project, three IPs were selected for the transformation including Deep C Industrial Zones in the northern city of Haiphong, AMATA City Bien Hoa in the southern province of Dong Nai, and Hiep Phuoc IP in Ho Chi Minh City. Over the last four years, the level of compliance with the international framework on eco-IPs for all pilot complexes has increased in terms of environment, economy, and management.
VIETNAM REAL ESTATE MARKET RISING APPEAL TO INT’L INVESTORS
The General Statistics Office (GSO) projected the disbursed foreign direct investment (FDI) in Vietnam for the first two months of 2024 to be approximately US$2.8 billion, marking a year-on-year surge of 9.8%. This represents the most substantial amount of actualized FDI capital for the January-February timeframe in the past five years.
DEVELOPERS HUNT FOR LAND AVAILABILITY
Last week, the Department of Planning and Investment of Long An province in the Mekong Delta region announced that a joint venture between Vinhomes and Vietnam Investment Group, which registered to implement the new Phuoc Vinh Tay urban area in Can Giuoc district.
EXPANDED LAND USE RIGHTS EXPECTED TO ATTRACT OV INVESTMENT IN REAL ESTATE
The expansion of land use rights for overseas Vietnamese (OV) in the recently passed 2024 Land Law is good news for OVs who want to own real estate in Vietnam, said experts from Savills Vietnam.
HAU GIANG INDUSTRIAL ZONES AUTHORITY: ACTIVELY SUPPORTING BUSINESSES AND ATTRACTING INVESTORS
Hau Giang Industrial Zones Authority, established under the Prime Minister’s Decision 366/QD-TTg dated March 29, 2007, performs functions and tasks assigned by Decision 02/2023 /QD-UBND dated January 4, 2023 of the Hau Giang Provincial People's Committee on its functions, tasks, powers and organizational structure. During 17 years of construction and development, the authority has affirmed its role, position and name and made effective contributions to local socioeconomic development.
