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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areas with a range of facilities to help future residents steer clear of problems caused by rapid urbanisation and outdated public infrastructure.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

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

Speaking at the opening ceremony, Vice Chairwoman of the HCMC People's Committee Phan Thi Thang highly appreciated the efforts of organizers for their cooperation in organizing the festival and contributing to the diversification of HCMC’s tourist products as well as creating a revenue of entertainment and recreation for residents on the occasion of the upcoming Tet (Lunar New Year). … [Read more...] about Tet Festival 2021 opens in HCMC

Racing toward the Year of the Dog, real estate developers continue to introduce diverse and competitive products to the market. However, real experience and real values brought to customers need to be the core focus, similar to the way Gamuda Land is driving forward with establishing a high-end green urban project for customers with the Gamuda City project. … [Read more...] about Co-operation a win for real estate groups

The Trade Remedies Authorities of Vietnam under the Ministry of Industry and Trade (MoIT) has dealt with a total of 176 investigations and trade remedies initiated by foreign countries against Vietnamese exports. These include seven investigations of wood product exports, accounting for four percent of all cases but constituting a significant increase compared to a total of three cases in the decade from 2007 to 2017. … [Read more...] about Trade remedies applied on Vietnam’s surging timber exports