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Vietnam’s Resort Real Estate Partly Recovers

Vietnam’s Resort Real Estate Partly Recovers

by Teuvo Tuomi | Jul 24, 2024 | ASEAN, Economy, News, Reports, Tourism, Travel, Vietnam

About 2,800 new units were launched in Vietnam’s resort real estate segment in the second quarter of 2024. This is an eight-fold increase from the first quarter but mostly concentrated in a few locations, the Vietnam Association of Realtors report. In the first...
Rayong Developers Reduce Residential Supply

Rayong Developers Reduce Residential Supply

by Teuvo Tuomi | Jul 20, 2024 | News, ASEAN, Business, Economy, Investment, Thailand, Trade, Visions

Developers in Thailand’s Rayong have been adjusting to a market slowdown by reducing the of newly launched residential supply in the first quarter of 2024. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), says the Rayong...
Ho Chi Minh’s Real Estate Revenue Surges Over 6%

Ho Chi Minh’s Real Estate Revenue Surges Over 6%

by Teuvo Tuomi | Jul 7, 2024 | Vietnam, Business, Ho Chi Minh, Infrastructure, Lifestyle, News, Society

Real estate revenue in Ho Chi Minh City reached VND124 trillion ($4.9 billion) in the first half of the year, up 6.1% year-on-year, according to the HCMC Statistics Office. The real estate market has shown signs of recovery this year, with 3% growth in the second...
Real Estate Keeps Booming in Thailand’s Tourist Spots

Real Estate Keeps Booming in Thailand’s Tourist Spots

by Teuvo Tuomi | May 27, 2024 | Business, Economy, Infrastructure, Investment, News, Thailand, Tourism

In the first quarter of this year, major real estate conglomerates have invested over 56 billion baht into projects in Phuket, Pattaya, and Hua Hin. Prasert Taedullayasatit, president of the Thai Condominium Association, describes the status of the real estate...
Vietnam Will Relax Real Estate Laws

Vietnam Will Relax Real Estate Laws

by Teuvo Tuomi | Nov 29, 2023 | Vietnam, Business, Economy, News

The revised Law on Real Estate Trading was passed on Tuesday with over 94% of the vote and is expected to come into force on 1 January 2025. The law will allow Vietnamese nationals “who live abroad and have entry permits to the country” to do business in...

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