Daily Real Estate News Highlights

Vietnam - 21 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

Why real estate companies lose their credits in front of foreign investors?

www.cafeland.vn

Mr. David Jackson - CEO, Colliers (Vietnam) said that despite the "thirst" for capital forced to restructuring, many domestic real estate companies faced difficulties in managing cash flow and ability to implement projects. This somewhat reduces the credibility in the eyes of foreign investors who want to M&A.

Tiffany enters Vietnam as world's richest man expands LVMH Asia

www.asia.nikkei.com

Tiffany has unveiled its first jewelry shop in Ho Chi Minh City, courting well-heeled Vietnamese in the latest expansion for the brand since it was taken over by LVMH.

87% of people who want to buy real estate already have more than... 3 properties

www.tuoitre.vn

A survey of more than 1,000 people by Batdongsan shows that people with a lot of real estate are having a higher demand to buy more real estate than those without. Real estate prices from VND 2.5 to 5 billion are attracting the attention of buyers.

Nha Trang - Cam Lam Expressway to be completed by the end of May 2023

www.thesaigontimes.vn

Son Hai Group Co., Ltd. (investor of the component project) has just sent a written request to the Ministry of Transport for permission to organize the completion of the North-South expressway project namely the Nha Trang - Cam Lam section at the end of May 2023, 3 months earlier to catch the peak of the summer tourist season.