Daily Real Estate News Highlights

Vietnam - 17 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.

Asia Pacific Capital Markets 2023: Insights and Priorities

www.mingtiandi.com

As the pricing reset and recalibration across real estate markets gather momentum this year, some markets are well into their journey of price discovery. Markets repricing the quickest, and hence looking like better value, will attract investments in the first half of 2023 while the others may have to wait longer for the investors to return.

Sumitomo Forestry partners with Kim Oanh Group

www.vir.com.vn

Sumitomo Forestry Group and Kim Oanh Group signed a strategic cooperation agreement in early April to establish KS Sustainable Development JSC, for the development of large-scale real estate projects.

Government extends deadline for land tax and land rent in 2023

www.dantri.com.vn

Deputy Prime Minister Le Minh Khai has just signed Decree 12 of the Government extending the deadline for paying value-added tax, corporate income tax, personal income tax, and land rent, effective from April 14 to the end of 2023.

Long An to lead the execution of HCMC Ring Road 4

www.vnexpress.net

PM Pham Minh Chinh assigned Long An to lead the execution of HCMC Ring Road 4. With nearly 200 km long, Ring Road 4 passes through 5 provinces and cities including Ba Ria - Vung Tau, Dong Nai, Binh Duong, Ho Chi Minh City, and Long An.

Vietnam - 18 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.

M&A deals bring hopes for landed properties

www.laodong.vn

In Q1 Quarterly Knowledge Report, Colliers analyzed strong transformation is underway for the Vietnam real estate market with large-scale M&A transactions expected to conclude in the coming time. This would bring a large cashflow to revive the condominium and townhouse segment.

Samsung CEO: 'Vietnam's tax incentives for FDI about to expire'

www.vnexpress.net

Preferential policies such as Vietnam's tax exemption and reduction for FDI comapnies will no longer effective once the global minimum tax is applied, according to CEO of Samsung Complex in Vietnam.

Auditor PwC flags viability concerns over Vienam property firm No Va Land

www.dealstreetasia.com

Auditor PwC on Tuesday cast doubt on the financial viability of one of Vietnam's top listed property developers, No Va Land, which faces large bond paybacks this year amid difficult market conditions.

HCMC's Council agrees to increase the fee for real estate transactions

www.thesaigontimes.vn

The resolution on the appraisal fee of documents for granting LUR certificates in HCMC has been approved. Any change in LUR certification including registration, renewal, re-granting, or transferring will be applied to higher fee.