The booth of Vietnamese firm Beehouse JSC at Realty Expo Korea (Photo: tienphong.vn)

Hanoi (VNA) – Despite being a newcomer to the fair, Vietnamese firm Beehouse JSC has wowed investors and visitors at this year’s Realty Expo Korea.

The real estate service company, based in Hanoi and the central city of Da Nang, brought two high-end resort projects to the event, which ran from September 19 – 21 in Seoul.

The first project was Risemount Apartment Da Nang, twin towers located in the centre of Hai Chau district, which consist of luxurious apartments and a 5-star hotel complex.  

The second was Movenpick Resort Lang Co, set along the popular Lang Co beach in the central province of Thua Thien – Hue.

Nguyen Thi Minh Nguyet, vice director of Beehouse JSC, said resort projects in Vietnam appeal to realty investors from the Republic of Korea (RoK).

An investor has a profit rate of between 4 to 6 percent from a realty project and is subject to various types of taxes in the RoK, while he enjoys a rate of about 10 percent with flexible investment policies in Vietnam, Nguyet explained.

Realty Expo Korea is organised by the Korea Economic Daily, Hankyung Real Estate Research Institute, and International Real Estate Federation FIABCI. It is a large scale international realty exposition, offering investment opportunities and connecting players in the field.

This year, the event was estimated to attract the participation of 20 countries and territories worldwide, along with thousands of firms and customers.-VNA