Real estate expert proposes policy allowing foreigners to own land Business

Real estate expert proposes policy allowing foreigners to own land

A policy allowing foreign individuals and organisations to buy and own houses and construction works in Vietnam will help lure investment and high quality human resources from the outside to the country for national development, according to Nguyen Tran Nam, Chairman of the Vietnam Real Estate Association.
Vietnam’s tourism property market holds potential Business

Vietnam’s tourism property market holds potential

Vietnam’s tourism real estate market has the potential for strong development, but utilities and services are needed to attract investors, heard a seminar organised by the Vietnam Real Estate Association (VNREA) this week.
Da Nang airport to have new terminal Business

Da Nang airport to have new terminal

Da Nang will build a new terminal, T3, at its international airport with total investment of 9 trillion VND (391 million USD), increasing the airport’s capacity to 28 million passengers and 200,000 tonnes of cargo by 2030.
Da Nang licenses 419mln USD in new projects Business

Da Nang licenses 419mln USD in new projects

The People’s Committee of the central city of Da Nang said it had granted licences to seven foreign direct investment projects worth 419.4 million USD, and agreed investment research for 15 other projects worth an estimated 2.6 billion USD.
HCM City developers seek greener pastures Business

HCM City developers seek greener pastures

Many property developers in Ho Chi Minh City are moving to neighbouring provinces and cities and even as far away as the central region as city authorities are issuing fewer licences and legal procedures elsewhere are simpler.