Standards needed for smart homes Society

Standards needed for smart homes

‘Smart homes’ are becoming a new trend in Vietnam’s housing market, however experts say that standards for ‘smart’ projects are needed.
Demand for affordable apartments on the rise Business

Demand for affordable apartments on the rise

The affordable apartment segment will be the star of the property market in the coming years, but its supply is increasingly scarce while the demand for this type of apartment remains high, according to an analysis by property services firm CBRE Vietnam.
Property remains hot topic in Vietnam Business

Property remains hot topic in Vietnam

Though there is no sign yet of the price "fever" that periodically marks the Vietnamese property market or a bubble, the market remains a hot topic for analysts and the media.
Tourism decline hits HCM City hotel market Travel

Tourism decline hits HCM City hotel market

A slump in tourism has hit Ho Chi Minh City's hotel market, which saw a drop in the average rate of reserved rooms in the first six months of the year compared to the previous five years.
Vietnam attends WIPO Assemblies’ meetings Sci-Tech

Vietnam attends WIPO Assemblies’ meetings

Deputy Minister of Science and Technology Tran Van Tung is leading a delegation to the 54th series of meetings of the Assemblies of the Member States of the World Intellectual Property Organisation (WIPO), which kicked off in Geneva, Switzerland on September 22.
Business

Binh Duong attracts property developers

Long-term investors seeking capital gains or rental income are increasingly looking to the southern province of Binh Duong’s housing market, according to a survey by property services provider Savills Vietnam.
Business

Property firm predicts brighter market

Property services firm CB Richard Ellis Viet Nam predicts that more investors will be able to capitalise on opportunities in Hanoi 's real estate market this year, as last year's tough market conditions ease.

"For some people, companies and individuals, 2012 will be a year when Vietnam finally becomes a reality," said CBRE Vietnam managing director Marc Townsend at the firm's fifth annual "Fearless Forecast" presentation in Hanoi on Feb. 16.

"If you've been listening to me and CBRE's research, you know that certain sectors have seen prices declining," Townsend said. "Some sectors have seen prices declining for over three years. There has been pain in the market, with cash flows being challenged as restrictions on capital flows came into place and buyer appetite faded."