Colliers News

Villas and townhouses still loomy in Q1/2023

www.vneconomy.vn

Transactions in this segment recorded a new low of 88 deals, falling 47% q-o-q and 78% y-o-y. Quarterly absorption rate of 12% was the lowest since 2016. Colliers projects that the market can start to stabilize from Q3 as the result of the Government's efforts.

Real estate market and social housing expected to be put under supervision

www.vnexpress.net

According to Mr. Vuong Dinh Hue, President of the National Assembly, 4 laws relating to the real estate market, including the Law on Investment, Construction, Real Estate Business, and the Law on Housing, are overlapping. The laws will be revised this year and next, so "now it's time to review".

MOC suggests not regulating the term of apartment ownership

www.vnexpress.net

The MOC decided not to add regulations on the term of apartment ownership in the draft Housing Law (amended). Instead, clarifying the use term and conditions for building demolition and renovation.

Vietnam GDP growth slows to 5.8% in 2023, accelerates to 6.9% in 2024: IMF

www.theinvestor.vn

Vietnam’s GDP growth might slow down to 5.8% in 2023 and then rebound to 6.9% in 2024, among the highest figures in Asia, according to the International Monetary Fund (IMF).

Vietnam - 13 April 2023

Top Daily Updated Real Estate News

Colliers Vietnam’s Real Estate Highlights is the daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Colliers News

Sell-offs after the trend of "leaving the city"

www.phunuonline.com.vn

People are currently selling off agricultural land plots. Mr. David Jackson – CEO, Colliers (Vietnam) assessed that investors started to liquidate amid rising interest rates because they have relied on bank loans.

Bac Giang approves planning of 3 IPs of 550 ha www.vneconomy.vn

Located in Hiep Hoa, Yen Dung and Viet Yen district, the 3 IPs are oriented to multi-industry with a synchronous and modern technical infrastructure.

Commencing 5 key infrastructure projects before June 30

www.thanhnien.vn

PM requested to start construction of 3 highways (Chau Doc - Can Tho - Soc Trang; Bien Hoa - Vung Tau; Khanh Hoa - Buon Ma Thuot) and 2 ring roads (Ring 4 in Hanoi and Ring 3 in HCMC) before June 30. The MoT and provincial leaders are assigned to conduct land acquisition and complete the procedures.

Apple in talks with suppliers to make MacBooks in Thailand

www.asia.nikkei.com

Apple is in talk with suppliers to make MacBooks in Thailand as the company continue to expand its manufacturing footprint outside of China.