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...
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...
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...
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...
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...
