Business

Real estate records new M&A deals in first half

Vietnam’s real estate sector recorded several merger and acquisition deals involving foreign capital in the first six months of 2017, according to Dau Tu (Investment) newspaper.
Real estate records new M&A deals in first half ảnh 1Vietnam’s real estate sector recorded several merger and acquisition deals involving foreign capital in the first six months of 2017 (Illustrative image. Source: VNA)
Hanoi (VNA) – Vietnam’s real estatesector recorded several merger and acquisition deals involving foreign capitalin the first six months of 2017, according to Dau Tu (Investment) newspaper.

CapitaLand - a Singapore based real estatecompany – spent nearly 52 million USD acquiring a site in District 1 of Ho ChiMinh City to develop the first A-class international complex in Vietnam, the VRGRiver View.

The company also announced plans to purchase 90percent of shares at the CapitaLand Thanh Nien Co. Ltd., which possesses 8,000square meters in District 2 of HCM City, to build 317 apartments.

Keppel Land, another Singaporean real estateinvestor, spent 846 billion VND (37 million USD) to increase its shares to 16percent in its Saigon Centre project in HCM City.

Hongkong Land of China’s Hong Kong became astrategic partner of the HCM City Infrastructure Investment Joint Stock Companyto implement housing projects in Thu Thiem new urban area.

Additionally, An Gia Investment Group and itsJapanese partner Creed Group acquired five apartment blocks in District 7 ofHCM City worth 910 billion VND (about 40 million USD).

Duong Thuy Dung, Director of the CBRE Researchand Consulting Department, told Dau Tu reporters that the real estate market isexpected to see M&A deals from different segments such as resorts andhotels, mainly in Da Nang, Phu Quoc, and Nha Trang, houses for sales in majorcities of Hanoi and HCM City and industrial parks in Bac Ninh, Binh Duong andDong Nai provinces.

Stephen Wyatt, Country Head of JLL Vietnam, saidbillions of USD from foreign investors from Japan, the Republic of Korea,Singapore and China are expected to enter Vietnam’s real estate market.

M&A deals will develop in different segmentssuch as houses, office for lease, retail, hotels and industrial parks, headded.-VNA

VNA
#real estate sector #merger and acquisition deals #foreign capital #Dau Tu newspaper #investment #CapitaLand #CapitaLand Thanh Nien Co. Ltd. #Keppel Land #HCM City Infrastructure Investment Joint Stock Company #housing projects #Thu Thiem new urban area #Creed Group #Japan #the Republic of Korea #Singapore #China #houses #office for lease #retail #hotels #industrial parks
Follow VietnamPlus

Related News

Strong M&As spur infrastructure development

Strong M&As spur infrastructure development

Increased merger and acquisition (M&A) activities can spur infrastructure development in Vietnam, a current growth imperative, Planning and Investment Minister Nguyen Chi Dung said on August 10.

See more

SCAVI Hue Co., Ltd. (100% invested by Financière B’Lao Group, France), specialising in garment manufacturing at Phong Dien Industrial Park in Hue. (Photo: VNA)

Business Confidence Index reaches seven-year high: EuroCham Vietnam

After several years affected by global volatility and disruptions, the Q4/2025 BCI indicates that European business sentiment in Vietnam has returned firmly to positive growth territory, surpassing levels seen prior to US tariff announcements and even before the COVID-19 pandemic. Specifically, 65% of surveyed companies assessed their current business conditions as positive in Q4/2025, with the figure rising to 69% when looking ahead to Q1/2026, suggesting that optimism is set to strengthen further as the new year begins.

Prime Minister Pham Minh Chinh chairs the 5th meeting of the Central Steering Committee on Housing Policy and the Real Estate Market in Hanoi on January 13, 2026. Photo: VNA

PM chairs meeting on housing policy, real estate market

The right to housing is a fundamental right of citizens, and housing is an essential need of every person. Housing development is an important pillar of social welfare policy, while also serving as a driving force for economic growth, labor market stability, and sustainable socio-economic development, said Prime Minister Pham Minh Chinh.

Hanoi to host Thailand Week 2026 in late January

Hanoi to host Thailand Week 2026 in late January

Visitors to Thailand Week 2026 will be able to enjoy a variety of attractive promotional programmes, lively trade promotion activities and daily lucky draws offering numerous quality Thai products.

Illustrative image (Photo: VNA)

German media group releases Vietnam outlook report 2026

The Germany-based international media group specialising in economic, financial and political coverage of emerging markets IntelliNews on January 11 published its annual Vietnam Outlook report 2026, highlighting prospects for economic growth and what problems lie in store.

PM Pham Minh Chinh speaks at the meeting (Photo: VNA)

PM pushes five strategic breakthroughs to fuel digital economy

Addressing the first meeting of the National Steering Committee on Data linked virtually with all 34 cities and provinces nationwide, PM Pham Minh Chinh, who is also head of the committee, stressed that the Party’s policies and guidelines and the State’s laws have long articulated a strategic vision for data development. He cited Resolution No. 57-NQ/TW and the recently enacted Law on Data, both of which designate data as a “new means of production” and a strategic resource that must be transformed into high-value assets.

A customer conducts transactions at the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank). (Photo: VNA)

Central bank aims for 15% credit growth in 2026

In 2026, monetary policy will continue to be implemented in a proactive, flexible, timely and effective manner to help stabilise the macroeconomy, keep inflation under control, support economic growth and advance the restructuring of banks under compulsory transfer.

Vietnam is emerging as a preferred destination for many foreign enterprises (Photo: hanoimoi.vn)

Vietnam emerges as bright spot of growth, trusted and responsible partner

Despite a volatile global environment, Vietnam recorded solid gains in 2025. With flexible and proactive policies under the leadership of the Communist Party of Vietnam and the Government, all 15 key socio-economic targets were met or exceeded, while GDP expanded by about 8.02%, surpassing expectations.

An image of a Vietnamese game. CIS region has potential for gaming developers from Viet Nam. (Photo: Courtesy of cellphones.com.vn_

CIS: Opportunity for game developers in Vietnam

The CIS region, which includes Eastern Europe and Central Asia, has potential for gaming developers from Vietnam as this market displays user behaviour patterns that are highly favourable for mobile gaming growth, particularly around major holiday periods.