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CBRE Vietnam Real Estate Spotlight – W37 – 2020

Converting Danang from an industrial to logistics centre, Vietnam ranks second on M&A potential list, City enters into an agreement for design of pedestrian bridge over Sai Gon River…

 

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    • Eurowindow River Park (Dong Anh District)   

      • Total units: 2,058 units                        
      • Scale: 42,000 ha
      • Unit size: 63-98 sqm (2-3 bedrooms)                                 
      • Price*: from VND 18 million psm
    • The Terra – An Hung (Ha Dong District)
    • Total units: 1,320 units                        
    • Scale: 35,574 sqm
    • Unit size: 74.3 – 140.8 sqm (1 – 4 bedrooms)
    • Price*: from VND 22.5 million psm
    • Total building: 66 buildings                         
    • Scale: 420 ha
    • Unit size: 27.8 – 74.9 sqm (Studio, 1 – 3 bedrooms)                                
    • Price*: from VND33 million per sqm
    • Vinhomes Ocean Park – Gia Lam District   

* Prices included VAT

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* Prices included VAT

Note: Selected newspapers include Dau Tu Bat Dong San, Thoi bao kinh te Vietnam, The gioi thong tin bat dong san, CafeF, Tuoitre, Tap chi dau tu bat dong san, Vietnamnet, Thi truong Bat dong san & Tai san, Nguoi dua tin, VnExpress

 
EU investors keen on $1bn seaport logistics project in southern Vietnam
Tuoitre
The Vietnamese government leader hosted the reception for Dutch and Belgian Ambassadors, Elsbeth Akkerman and Paul Jansen, along with EU investors. The European investors told the PM that once the Cai Mep Ha Logistics Center is put into operation, it would accommodate large container vessels and, as a result, boost domestic sea freight services and the delivery of goods and produce from Mekong Delta provinces to Cai Mep Ha and overseas. 
Vietnam projects 2021 GDP growth at 6-6.5 pct
VnExpress
The Vietnamese government expects the economy to rebound from this year's pandemic-related problems to post 6-6.5 percent growth in 2021. The government has emphasized that both economic recovery and pandemic prevention will be main goals for the coming time, according to a government resolution announced Thursday by the Government Office. It has asked the central bank to continue implementing an active, flexible monetary policy, ensuring inflation control and macroeconomic stability, and the Ministry of Planning and Investment to proactively promote policies to attract foreign investment. It has also required the Ministry of Industry and Trade to boost exports to potential markets, stimulate domestic consumption, and strengthen prevention of smuggling and trade fraud.
About 120,000 experts, investors make entry into Vietnam
SGGP
Approximately 120,000 experts and investors have made entry into Vietnam, said the Ministry of health at a conference on COVID-19 prevention and control on September 18 presided by Vietnamese Prime Minister Nguyen Xuan Phuc. The Ministry continued that the country has recorded 1,066 Covid-19 case including 35 deaths who have been suffering underlying conditions including high blood pressure, ischemic heart disease, heart failure and pneumonia. The disease is now under the control and life in the country is normal as before.
Real estate businesses struggling amid pandemic
VIR
The severe economic blows from COVID-19 have forced scores of businesses to suspend operations and even file for bankruptcy, with real estate companies among the hardest hit. As of the end of August, nearly 34,300 enterprises had temporarily suspended operations, a surge of 70.8 percent against the same period last year. Of these, 923 were in real estate, up a whopping 136.1 percent – the highest rate among Vietnam’s 17 sectors.
City enters into an agreement for design of pedestrian bridge over Sai Gon River
SGGP
The HCMC People’s Committee has agreed with a design of pedestrian bridge across Sai Gon River that is created by a joint venture of Chodai-Takashi Niwa Architects and Chodai and Kiso Jiban Vietnam Company Limited. The design of the bridge shaped like a mangrove palm leaf received the highest mark in a designing competition which was launched by the People’s Committee of HCMC last year. 
The municipal government asked the Department of Planning and Architecture to work with the consultancy units to complete the design and send a report on the implementation process to the HCMC People's Committee.
Vietnam reopens six commercial int’l air routes
Tuoitre
The Vietnamese government on Tuesday decided to reopen commercial air routes to six international destinations, and will allow passengers to undergo a shorter quarantine period than normally required if they test negative for COVID-19 twice. Accordingly, flights along the Vietnam-mainland China (Guangzhou), Vietnam-Japan (Tokyo), Vietnam-South Korea (Seoul), and Vietnam-Taiwan (Taipei) routes were resumed on Tuesday. The Vietnam-Cambodia (Phnom Penh) and Vietnam-Laos (Vientiane) air routes will be reopened on September 22. The number of flights along each route shall not exceed two per week each way.
Vietnam ranks second on M&A potential list
VIR
Vietnam has been ranked second after the US on a list of the world's most active, dynamic and potential markets for merger and acquisition (M&A) deals this year. According to the latest M&A Investment Index compiled by research firm Euromonitor, Vietnam's standing had increased from last year. Vietnam was listed among a group of countries with positive M&A prospects together with China, the Philippines, Taiwan and Saudi Arabia.
Converting Danang from an industrial to logistics centre
VIR
Developing ecological industrial real estate is a new direction for the central city of Danang in its strategy to attract investment into high-tech projects, with many companies interested in large-scale logistics projects manifested by the upcoming Lien Chieu deepwater port. The efficiency from cleaner production has been not only breaking the urban chain in the west of the city but also linking urban areas turning the high-tech park into a highlight in the formation system of eco-industrial real estate products, which is attracting many investors in the city. Currently, the high-tech park bears the character of an urban area inhabited by professionals, scientists, investors, employees, and their families.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FOR MORE INFORMATION,CONTACT:

Dung Duong MRICS

Senior Director

T +84 286 284 7668

dung.duong@cbre.com

 

An Nguyen
Director

T +84 24 6288 6379

an.nguyen@cbre.com