Business News

If 2020 is a sad song for the economy and the whole society in general, real estate is considered to be composed with low notes and high notes.

“Apartments are not as attractive as before and careful consideration must be given to swing trading,” Dao Van Duy, general director of Viet Nam Infrastructure Investment and Development Joint Stock Company told Dau tu Chung Khoan (Securities Investment) newspaper.

The first major signs of a resumption of investment activity have emerged in the real estate market with new brand names entering and others expanding their portfolios in Vietnam.

In the wake of the limiting land funds and rocketing prices in city centre locations, developers are expanding their interest in mergers and acquisitions towards satellite towns and other areas near Vietnam’s major cities.

Eco-industrial parks in Vietnam are one solution for green growth and sustainable development. Developing an eco-industrial park helps improve economic performance while minimizing environmental impacts, improving resource efficiency, reducing waste, and fostering green industry development.

Foreign investors are clearly moving their supply chains into Vietnam. In many localities, industrial parks, export processing zones and high-tech zones have prepared necessary conditions to accommodate this investment flow. Our reporter has an interview with Dr. Vo Tri Thanh, Director of the Institute for Brand and Competition Strategy. Thu Ha reports.

Industrial parks (IPs) in the northern province of Vinh Phuc attracted nearly 300 million USD in FDI in the first ten months of this year, equal to 80 percent of the year’s target.

Vietnam will see strong growth in industrial property next year due to higher demand for industrial parks as business expand production or relocate out of China, according to Savills Vietnam.