Buildings under construction in central Da Nang city (Photo: VNA) Tokyo (VNA) – Vietnam is welcoming a strong wave of investment in the property market from Japanese businesses, TMS Homes General Director Nguyen Xuan Huong said on April 4. She made the remark during an interview with the Vietnam News Agency ahead of investment promotion conferences to be held by TMS Group – the parent company of TMS Homes – in Tokyo, Osaka and Fukuoka next week. These events aim to seek partners for the group’s property projects in Vietnam. Huong said TMS Group chose Japan as the first venue for such events because the country is one of the most important economic partners of Vietnam. Japan is the second biggest investor in the Southeast Asian nation with nearly 4,000 projects worth 55.4 billion USD. It ranks third among foreign tourist sources of Vietnam with 800,000 visitors in 2017 and fourth among trade partners with bilateral trade reaching 33.5 billion USD the … [Read more...] about Vietnam records influx of real estate investment from Japan
Real estate investment opportunities
Tien Thinh International opens investment opportunities in Australia
Aiming to provide proper information on Australian investment opportunities as well as detailed explanations on the real estate purchase process in Australia, in early October 2018, Tien Thinh International hosted the Business Migration & Investment Opportunities In Australia 2018 Conferences with the theme of Commercial And Residential Property Investment In Australia in three major cities, including Ho Chi Minh City (October 9), Haiphong (October 11), and Hanoi (October 12). Tien Thinh International held three seminars about investment opportunities for Vietnamese firms in Australia The event has been successfully conducted with more than 100 potential attendees from the three major cities in Vietnam. Opening the event, Le Thanh Tung, director of Tien Thinh International, provided useful information on business migration and investment opportunities in Australia. Besides, Tung introduced the latest customer services recently launched by Tien Thinh International, such as … [Read more...] about Tien Thinh International opens investment opportunities in Australia
Int’l real estate event promotes Vietnam as destination of chances
At the event (Photo: VNA) Hanoi (VNA) – The International Real Estate Conference (IREC) 2018 opened in Hanoi on September 6 under the theme “Vietnam: A World of Opportunities”. Addressing over 300 international guests and thousands of Vietnamese delegates, Minister of Construction Pham Hong Ha said the recent growth of the property market has actively contributed to the fast and sustainable development of Vietnam. He noted that the Vietnamese Government highly values the active role and efforts of domestic and foreign businesses in the country’s property market. IREC 2018 is a chance to promote investment, share experience, and boost partnership between Vietnamese developers and foreign partners. It is also a good occasion to introduce the development potential of Vietnam, and in particular its real estate sector, to others, Ha added. Vice Chairman of the Hanoi People’s Committee Nguyen The Hung said the capital city has the most vibrant … [Read more...] about Int’l real estate event promotes Vietnam as destination of chances
PHI Group enters competition in Vietnamese real estate market
PHI Group and MHD will establish a real estate sub-fund and invest and develop property projects together. Illustration image Recently, PHI Group signed a Memorandum of Understanding (MoU) for a comprehensive cooperation to partner up with Hanoi MHD. According to the MoU, PHI will assist MHD to become a publicly traded company in the US or international stock markets. Besides, PHI will engage MHD for the execution of its building projects in Vietnam, simultaneously, the two parties will cooperate to establish and invest in a real estate sub-fund under the master Reserved Alternative Investment Fund (RAIF) set up by PHI in accordance with the Luxembourg Institutional Bank Fund regulations. It is expected that the size of the real estate sub-fund will increase substantially over time to meet the growing needs of investment and development in the Vietnamese real estate market. In addition, the two firms will cooperate to jointly develop and implement various real estate projects in … [Read more...] about PHI Group enters competition in Vietnamese real estate market
Real estate fertile ground for foreign investors
There has been something of a real estate “fever” in recent times at the Thu Thiem Urban Area, the proposed new CBD and mixed-used urban area in Ho Chi Minh City’s District 2 and which is set to become the largest inner-city development in Southeast Asia. Investment into the urban area has been strong over the last few years, with a host of both local and foreign real estate developers seizing the opportunities on offer. Vietnam’s real estate market attracted $5.54 billion in FDI in the first half of this year, accounting for 27.25 per cent of total investment into the country, according to the General Statistics Office (GSO). 2018 marks ten years since the last real estate downturn and nearly five years of recovery. “Given that monetary policies are expected to stay neutral-to-accommodative to support growth when FDI inflows in the hundreds of millions of dollars are poised to enter the real estate market, the market is expected to continue stabilizing … [Read more...] about Real estate fertile ground for foreign investors