Positive market sentiments in the condominium industry in 2017 continued into the first quarter of 2018, according to CBRE Viet Nam’s Ha Noi property market report for the first quarter (Q1) of this year, released in Ha Noi on Tuesday. Positive market sentiments in the condominium industry in 2017 continued into the first quarter of 2018. — Photo baoxaydung.com.vn Reviewing overall sales, 6,600 units were recorded as sold during Q1, up 5 per cent year-on-year (y-o-y). Of note, some projects by foreign developers are actively promoted in international markets, such as Singapore and Hong Kong, which helped boost sales performances. Meanwhile, in the domestic market buyers are showing greater concern about building safety after an earlier condominium fire in HCM City. Safety has now become a first priority for buyers who are considering purchasing in a condominium project. Nguyen Hoai An, Director of Professional Services at CBRE Viet Nam’s Ha Noi branch, said at a … [Read more...] about Hanoi’s condo market booming
Marketing regional
Ha Noi’s condo market booming
Positive market sentiments in the condominium industry in 2017 continued into the first quarter of 2018, according to CBRE Viet Nam’s Ha Noi property market report for the first quarter (Q1) of this year, released in Ha Noi on Tuesday. Positive market sentiments in the condominium industry in 2017 continued into the first quarter of 2018. - Photo baoxaydung.com.vn Reviewing overall sales, 6,600 units were recorded as sold during Q1, up 5 per cent year-on-year (y-o-y). Of note, some projects by foreign developers are actively promoted in international markets, such as Singapore and Hong Kong, which helped boost sales performances. Meanwhile, in the domestic market buyers are showing greater concern about building safety after an earlier condominium fire in HCM City. Safety has now become a first priority for buyers who are considering purchasing in a condominium project. Nguyen Hoai An, Director of Professional Services at CBRE Viet Nam’s Ha Noi branch, said at a … [Read more...] about Ha Noi’s condo market booming
Tricky steps lie ahead for Vietnam’s footwear export market
Vietnam maintained its position as the world's second largest exporter of shoes in 2017 for the third consecutive year, according to data from Vietnam Customs. The country exported over 1 billion pairs of shoes last year, accounting for 7.4 percent of the global market and second only to China, according to World Footwear Magazine. However, 80.4 percent of the country’s footwear export value was accounted for by Foreign Direct Investment (FDI) businesses. A zero import tax that came into effect on January 1 this year under the EU-Vietnam Free Trade Agreement, so FDI shoe companies are expanding their current factories and opening new ones, according to Vietnam’s National Institute for Finance. While opportunities lie ahead for foreign footwear companies, local firms are struggling to develop due to lack of capital and market access, the institute commented. Other challenges for local footwear businesses include rising labor costs and strong competition from international … [Read more...] about Tricky steps lie ahead for Vietnam’s footwear export market
Vietjet leads the Vietnam-Taiwan market with six services in three years
Mr. Tran Duy Hai, head of Vietnam Economic and Cultural Office in Taipei and other high-ranking representatives from Vietnam and Taiwan attended the anniversary event in Taipei. The airline’s six routes include Ho Chi Minh City (HCMC)-Taipei, Hanoi-Taipei, HCMC-Kaohsiung, Hanoi-Kaohsiung, HCMC-Tainan and HCMC-Taichung, which have greatly met the increasing travel demand of the people, tourists and businessmen in the region. Vietjet’s GSA representative Tequila Tao (left) receives the certificate of appreciation from Vietjet’s management representative. Vietjet first connected Vietnam with Taiwan on December 12, 2014 by opening the HCMC-Taipei route, which is now operated with two daily return flights a day. Following Taiwan’s Southbound Policy, the airline launched HCMC-Tainan route with five return flights a week in June 2016; Hanoi-Taipei route with a daily return flight in October 2016; HCMC-Kaohsiung route with a daily return flight from … [Read more...] about Vietjet leads the Vietnam-Taiwan market with six services in three years
Realty giant hits landmark of 15 years in local market
CBRE has gone from strength to strength in Vietnam, earning it a reliable reputation 2018 is an important milestone for CBRE, marking 15 years in Vietnam’s real estate market. This significant achievement not only reflects the development of Vietnam’s real estate market itself, but is also an affirmation of the firm’s position in the market. Effective and positive business According to CBRE Vietnam’s managing director Hang Dang, the firm has witnessed the ups and downs of the market over the past 15 years. However, the company has accomplished great success with a steady growth rate, based on the professional expert team, outstanding resources, and spot-on analyses from not only Vietnam but around the world. CBRE currently features a full-service brokerage team in all areas of residential, office, retail and industrial real estate. With many years of experience in the field of brokerage recognised by a series of awards in the country and internationally, CBRE … [Read more...] about Realty giant hits landmark of 15 years in local market