Hanoi (VNA) - While 2020 is believed to have changed the real estate industry, trends in the sector this year are forecast to sustain or be aligned with demand in the market. Trang Bui, a senior director at JLL Vietnam, said one of the five main trends in 2021 is “city in the city” and “integrated real estate”, which are popular in large-scale projects. Vietnam’s property market is becoming more mature, with buyers increasingly interested in a healthy and sustainable living environment rather than simply a place to live. To attract buyers, developers are, therefore, building residential areas with a range of facilities to help future residents steer clear of problems caused by rapid urbanisation and outdated public infrastructure. A plus in any large-scale project is the ability to provide different types of housing for many potential groups of buyers, Trang said. The second trend is the result of a shift to working from home, fuelled by the COVID-19 … [Read more...] about Five trends identified for real estate market in 2021
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Bird’s nest exports set to soar in coming years
Hanoi (VNS/VNA) - Vietnam's birds nest exports are expected to swell in the coming years. According to Deputy Minister of Agriculture and Rural Development Phung Duc Tien, procedures needed to export bird’s nests to China are almost completed. Vietnam expects to ship the first batch of this product to China in the first quarter of 2021, the world’s largest bird’s nest consumption market. Do Tu Quan, head of the Vietnam Swiftlet Farming Association, said the total output of unprocessed bird’s nests is expected to reach 160 tonnes in 2025. Most of the output will be exported to China to the tune of 100 tonnes, earning 150 million USD. The remaining 60 tonnes will be processed to 42 tonnes of clean bird’s nests. Of which, it expects to ship 16.8 tonnes of clean bird’s nests to Singapore and 8.4 tonnes to the US with export values of 58.8 million USD and 29.4 million USD, respectively. The rest of the clean bird’s nests will be consumed in … [Read more...] about Bird’s nest exports set to soar in coming years
Tet Festival 2021 opens in HCMC
The event attracts 200 display booths featuring activities of Tet rituals, Tet market, and traditional foods in Tet Holiday, folk games and art performance. It is chance for the young generation to learn about Tet tradition, Vietnamese custom and habits on lunar New Year; and an opportunity for businesses to connect closely with customers, promote their products and boost purchasing power for Tet goods. … [Read more...] about Tet Festival 2021 opens in HCMC
Co-operation a win for real estate groups
Co-oDahlia Homes, developed by Gamuda Land, is geared up to be one of the most attractive pieces of real estate property in the upcoming yearperation a win for real estate groups Such partnerships can be seen between Gamuda Land, one of the leading real estate developers from Malaysia, and many well-known companies in the Vietnamese real estate market such as CenLand, MuaBanNhaDat.vn, and Batdongsan.com.vn. The support and assistance of these partners have made great contributions to the development of the Gamuda City project in Hanoi’s Hoang Mai district, developed by Gamuda Land. … [Read more...] about Co-operation a win for real estate groups
Trade remedies applied on Vietnam’s surging timber exports
“The European market attaches great importance to the origin of goods as well as the transparency and environmental friendliness of products. The EU-Vietnam Voluntary Partnership Agreement (VPA) regarding Forest Law Enforcement, Governance and Trade (FLEGT) requires Vietnam to prove the legality of timber,” said Pham Van Dien, Deputy Director General of the Vietnam Administration of Forestry. … [Read more...] about Trade remedies applied on Vietnam’s surging timber exports