Home   »   Property News   »   CBRE Vietnam’s Real Estate Spotlight 2017 In Review
CBRE Vietnam’s Real Estate Spotlight 2017 In Review

Infrastructure speed bump slows Vietnam, North-South expressway project gets approval, Vietnam convenience store growth to lead Asia, …



Vietnam surpasses GDP target, aided by global strength
Vietnam News

GDP growth: 6.81% (highest since 2008)
FDI growth: 44% (highest since 2008)
Trade surplus: USD2.7 billion (highest since 2008)
VN Index: 984.24 (highest since 2008)

Growth in international arrivals: 29.1%
Inflation: 3.53%
GDP per capita: USD2,385
New companies: 127,000


Back to top


APEC 2017: New vision and position of Vietnam

Vietnam organized APEC 2017 successfully despite the headwinds caused by Typhoon Damrey.

APEC 2017 – with participation of 21 member economies – provided great opportunities for Vietnam to showcase itself to the global stage.

Back to top


Law on special administrative-economic units to boost growth
Vietnam News

Tax and fee incentives will be an important factor in turning special economic zones into a magnet for investment.

The law is expected to be passed at the upcoming meeting of the National Assembly in May 2018.


Vietnam Gears up to Divest State-Owned Enterprises in 2018 
The Diplomat​

The Ministry of Planning and Investment has finalized a list of 375 state-owned enterprises to be wholly or partially divested by 2020 with total capital exceeding $4.7 billion.

Next year is expected to be the peak period of divestment, with 185 companies up for at least partial divestment.



Back to top


ThaiBev Bets Big in Vietnam With $4.8 Billion Brewery Stake 

After the high-profile purchase which was deemed pricey, ThaiBev will hold a 54% stake in Vietnam's Sabeco. Vietnam’s Ministry of Industry and Trade sold the Sabeco stake for 320,000 VND ($14.09) a share.

Back to top



Mall operator Vincom raises $708m in Vietnam’s biggest ever IPO
The Financial Times

The company sold 397 million shares at 40,600 dong ($1.79) apiece, the top end of the price range that was projected by its underwriters.

The amount raised was more than twice as much as any previous IPO on the Ho Chi Minh stock exchange. 

Back to top


Vietnam sees robust investment activities with multi-million-dollar deals in 2017

Foreign investors poured more capital into real estate, retail and financial services. Notable deals include KKR investing US$250 million in Masan, Caldera Pacific and Samsung Securities to buy Dragon Capital's shares, CapitaLand launching its first investment fund worth US$300 million in Vietnam, deals by VinaCapital and Mekong Capital.

Back to top


Vietnam convenience store growth to lead Asia
Inside Retail Asia

Vietnam will be the fastest-growing convenience store market in Asia with 37.4% CAGR by 2021, predicts international grocery research organisation IGD.

Back to top


Legal framework for condotel and second-home villa is being considered

Some proposed changes to the law include: classification, land use, land use fees, duration of ownership, ownership for foreigners, investment in infrastructure.

Back to top


North-South expressway project gets approval

The National Assembly officially approved the eastern section of the North-South Expressway project, paving the way for private investors to join. Total investment capital of the 654-km project will be over VND118 trillion ($5.36 billion), VND55 trillion ($2.5 billion) of which will come from the state.       

Back to top


National Assembly approves special mechanisms for HCMC

The National Assembly passed a resolution to pilot special mechanisms for HCMC, which will take effect from Jan 15, 2018.

Among the changes, the city will have more authority in investment management. The proposal on property tax collection will not be implemented.

Back to top


Vingroup, Sun Group, Geleximco to propose master plan for Red River banks to develop modern urban areas

Vingroup, Sun Group and Geleximco will provide the finance for Hanoi to prepare a master plan for the Red River renovation project.
They can invite designing consultancy units to collaborate in the project. 

Back to top


Infrastructure speed bump slows Vietnam
The Asia Times

In HCMC, Metro Line 1 (Ben Thanh-Suoi Tien) is expected to be opened in 2020, two years behind schedule. Line 2 is also delayed by seven years.
In Hanoi, Metro Line 2A (Cat Linh-Ha Dong) is expected to be opened in 2018, two years behind schedule. Line 3 is also delayed by four years.

Back to top


Almost 23,000 bil VND for resettlement of Long Thanh Airport

Tuoi Tre News


Total land area to be resettled is 5,399ha. Total required capital is estimated at 22,938 bil VND.
The resettlement process is expected to be completed before 2021.

Back to top


BRG, Sumitomo cooperate in Nhat Tan-Noi Bai project


BRG and Sumitomo signed a partnership to build a smart city north of the Red River.
The project is expected to make an important contribution to the economic and social development of Hanoi.

Back to top


CBRE Newspaper Updates on Residential Ads


  • Three new launches

    • Q2 Thao Dien

      • Total units: 315 (for condos only)
      • Scale: one 32-floor block
      • Unit size: 50 – 180 sm (1 – 4 bedrooms)
      • Price*: from VND 60 million/sm
    • Dream Home Riverside
    • Total units: 2000 (for condos only)
    • Scale: six 25-floor blocks
    • Unit size: 56 – 75.12 sm (1 – 3 bedrooms)
    • Price*: from VND 19 million/sm
    • Total units: 900 (for condos only)
    • Scale: two 33-floor blocks
    • Unit size: 45 – 92 sm (1 – 3 bedrooms)
    • Price*: from VND 46 million/sm
    • Masteri An Phu
  • Advertisements:
  • Heaven Riverview (District 8)

    • Total units: 960 (for condos only)
    • Scale: two 17-floor blocks
    • Unit size: 50 – 68 sm (1 – 2 bedrooms)
    • Price*: from VND 23 million/sm

* Prices included VAT


  • No new launched
  • Advertisement

    • The K – Park (Ha Dong district)

      • Total units: 966 units
      • Scale: 13,708 sm land area
      • Unit size: 53 – 93 sm (2 – 3 bedrooms)
      • Price*: from VND 19 million psm
    • Xuan Mai Riverside (Ha Dong district)
    • Total units: 270 units
    • Scale: 3,094 sm land area
    • Unit size: 45 – 89 sm (1 – 3 bedrooms)
    • Price*: from VND 22 million psm
    • Total units: 1,099 units
    • Scale: 31,246 sm land area
    • Unit size: 76 – 126 sm (2 – 4 bedrooms)
    • Price*: from VND 38 million psm
    • Hinode City (Hai Ba Trung district)

* 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, Tap chi dau tu bat dong san, Vietnamnet, Thi truong Bat dong san & Tai san, Nguoi dua tin, Vnexpress

Back to top

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Fusce ac mauris et neque iaculis viverra. Ut lacinia enim sed est pretium luctus. Suspendisse vestibulum cursus ligula eu convallis. Ut ac ante odio. Nullam placerat accumsan convallis. Cras fringilla pellentesque magna, sed commodo tellus pharetra eget.

Back to top











Dung Duong MRICS


T +84 8 3824 6125



An Nguyen

T +84 4 2220 0220