Properties attract foreign investment capital

VietStock

Many property experts said that foreign investment capital influx that is flowing to Vietnam real estate market is following upward trend, providing many benefits. Colliers International in Vietnam estimates that M&A transactions in real estate market last year reach a value of US$8 billion. Another real estate company evaluates 2017 as a pretty successful year for both domestic and overseas property investors.

Real estate enterprises announced better-than-expected revenues

Bat Dong San

According to amazing figures recorded by experts, 2017 was a good year for many real estate enterprises. All mainstream segments posted impressive growth in major markets nationwide, said Colliers International a real estate services organization. Nam Long officially announced positive business result which exceeded 15% of their plan. For the whole year of 2017, Nam Long achieved net revenue of VND 3,161 billion, after-tax profit of VND 756 billion.

Colliers-article1

Colliers International in Vietnam estimates that M&A transactions in real estate market last year reach a value of US$8 billion.

Colliers-article2

Real estate enterprises announced better-than-expected revenues

Vietnam Wants Foreign Money to Overhaul Its Economy

BoomBerg

Vietnam is dramatically accelerating sales of stakes in state-owned companies to boost revenue and ease a strained budget, while seeking to exceed its economic growth target this year. “We need more foreign investment but also want to lure good investors who can help our companies improve corporate governance,” Deputy Prime Minister Vuong Dinh Hue said in his office in Hanoi on Jan 19. The assets the government plans to sell “will include leading companies in energy, power and petroleum,” he said.

Khang Dien - Typical Real Estate Developer in 2017

Giao Thong

Khang Dien House Trading and Investment Joint Stock Company was honored as 'Typical Property Developer in 2017' last weekend in HCM City by Investment Bridge Magazine. Khang Dien has successfully developed many well-known house, villa and apartment projects such as Melosa Garden project, Lucasta, Feliza eco-villas and especially The Venica project - a luxurious and exclusive oasis with 43 five-star villas.

Forex rates surge against VND

Vietnam Investment Review

Except for the US dollar, foreign currencies have surged against the Vietnamese dong during the last month as demand for foreign goods increases ahead of the Tet (Lunar New Year) holiday. At Eximbank, foreign exchange rates of multiple currencies are now up from 1.9 to 5.1% over the previous month. On February 2nd, the British pound increased sharply by VND1,600 per pound against Vietnamese dong, a rise by 5.1%. One pound is now selling for VND32,532.