Central HCMC real estate attractive despite market uncertainties
Real estate projects at the center of Ho Chi Minh City remain a "magnet" to investors and end-users amid global and market uncertainties.
Real estate in "golden" land
With dynamic real estate development amid rising global uncertainties, projects at the centers of big cities continue to attract both investors and people with real housing needs.
Adjacent to the two fronts of Co Bac and Co Giang streets in the heart of HCMC's District 1, Novaland's The Grand Manhattan at 100 Co Giang street meets the "classic" criteria of international real estate investors: "location, location and location."

Novaland's The Grand Manhattan at 100 Co Giang street, District 1, HCMC. Photo courtesy of Novaland.
Located on land suited to both living and business, this project has seen customers close deals while still exploring the project.
The Grand Manhattan has an "immutable" advantage, offering residents the value of a central location.
The center of HCMC boasts the country's busiest economy, most modern infrastructure, most convenient transport system, most advanced services, most dynamic life rhythm and most diverse cultural hub. These are especially favorable conditions for entrepreneurs, diplomats or celebrities to easily connect and work to maximize their talents and value.
The Grand Manhattan is located in the heart of the largest city in Vietnam which is on its way to becoming a regional megacity. The project's residents have the advantage of catching and leading the trends - which is especially important since many fields are changing faster and more deeply.

Coffee on the third floor of The Grand Manhattan. Photo courtesy of Novaland.
An architect will understand the needs, behavior and expectations of the "Gen Z" generation regarding housing trends in big cities, helping to accurately "catch the pulse" of the market. An investor will easily connect with leading experts (who often live in the center) to receive valuable advice, help grasp and "catch up" on opportunities.
It can be affirmed that, regardless of market fluctuations, real estate in the center of big cities retains an absolute advantage. This is also an important premise for projects like The Grand Manhattan to not only play an effective capital preservation role but also serve as an attractive profitable investment channel.
Real estate still shines
The International Monetary Fund (IMF) has lowered its forecast for global GDP growth in 2022 to 3.2%, down from its forecast of 3.6% in April, according to the latest "World Economic Outlook" update report.
The price of many domestic input materials has continuously increased, making it difficult for businesses and investors. The stock market as well as other investment channels are facing many challenges.
However, real estate still attracts international investors.
In the year to June 20, real estate in Vietnam ranked second among sectors attracting the most registered foreign investment capital at $3.15 billion, accounting for 22.5% of the country's total, according to Ministry of Construction data.
The real estate M&A market continues to see positive developments. In the housing segment alone, HCMC was the most active in the first seven months of the year in terms of M&A.
FDI investors flock to Vietnam thanks to the recovery of a dynamic economy, and the effectiveness of new-generation free trade agreements. This is an important driving force to help Vietnam attract more FDI to economic sectors and real estate in particular.
Besides, public investment will also continue to create momentum, spreading to the whole economy and real estate.
Real estate is attractive thanks to its being considered a "safe haven" and tends to increase in price over time, helping many people preserve their assets in times of unpredictable market movements.
- Read More
Vietnam mulls opening door for private investment in small modular reactors
Vietnam’s Ministry of Industry and Trade has drafted a parliamentary resolution that, for the first time, would allow private companies to participate in the development of small modular nuclear reactors (SMRs).
Energy - Fri, October 17, 2025 | 4:37 pm GMT+7
Kido seeks buyer for remaining 49% stake in frozen food affiliate
Kido Group (HoSE: KDC), a leading food company in Vietnam, has approved a plan to divest the firm's remaining 49% stake in its affiliate Kido Frozen Food JSC (Kido Foods).
Companies - Fri, October 17, 2025 | 4:25 pm GMT+7
Le Ngoc Quang appointed Danang city's Party chief
Le Ngoc Quang, a Party Central Committee member and Party chief of Quang Tri province, has been appointed Party chief of Danang for the 2025-2030 term - the highest position in the city, central Vietnam's economic hub.
Politics - Fri, October 17, 2025 | 4:17 pm GMT+7
T&T Group seeks to reshape north-central Vietnam’s urban landscape with major projects
Multi-sector conglomerate T&T Group is developing a model eco-urban complex in Ha Tinh province and plans to build a massive 236-hectare urban area in neighboring Nghe An, with an aim to reshape north-central Vietnam's urban landscape.
Investing - Fri, October 17, 2025 | 2:44 pm GMT+7
Toyota plans $359 mln plant expansion in northern Vietnam
Toyota Motor Vietnam (TMV) plans to invest about VND9.46 trillion ($359.2 million) in the first phase of its plant expansion project in Phu Tho province.
Investing - Fri, October 17, 2025 | 2:09 pm GMT+7
PVI Insurance sees 9-month profit before tax more than doubling
PVI Insurance has reaffirmed its position as the No. 1 non-life insurer in Vietnam, with total revenue increasing nearly 1.4 times in the first nine months of 2025 and pre-tax profit more than doubling year-on-year - surpassing its full-year targets for both revenue and profit.
Companies - Fri, October 17, 2025 | 9:08 am GMT+7
Vingroup to develop 4,600ha coastal urban project in northern Vietnam
A consortium of Vingroup (HoSE: VIC) and its real estate arm Vinhomes (HoSE: VHM) will develop a 4,600-hectare coastal urban complex in Ha An ward, Quang Ninh province, following local authorities’ approval of a zoning plan.
Real Estate - Fri, October 17, 2025 | 8:30 am GMT+7
Indonesia resumes int’l carbon trading after 4-year hiatus
Indonesian President Prabowo Subianto has issued a new decree to restart international carbon emissions trading after a four-year hiatus.
Southeast Asia - Thu, October 16, 2025 | 9:23 pm GMT+7
Investors seek 2-year delay for $2.56 bln LNG power project in northern Vietnam, citing equipment hurdles
Investors of a $2.56 billion LNG-fired power plant in Hung Yen province have proposed delaying the project’s commercial operation schedule by two years due to difficulties securing key equipment.
Energy - Thu, October 16, 2025 | 9:04 pm GMT+7
Vietnam to soon raise taxpayers' personal deduction: official
The personal income tax deduction in Vietnam is "very likely" to increase to VND21.7 million ($823,940) per month, including VND15.5 million (588,530) for the taxpayer and VND6.2 million ($235,410) for each dependent.
Finance - Thu, October 16, 2025 | 6:25 pm GMT+7
Business confidence climbs as reforms gain traction amid global headwinds: EuroCham Vietnam
The index climbed to 66.5, surpassing pre-tariffs level and reaching its highest in three years – showcasing resilience and adaptability amid global headwinds and evolving U.S. tariff pressures.
Economy - Thu, October 16, 2025 | 4:36 pm GMT+7
Vietnam's stock market watchdog suspends two Grant Thornton auditors
Vietnam's State Securities Commission (SSC) has suspended two auditors from Grant Thornton Vietnam after determining that the 2024 audited financial statements of Saigon Water Infrastructure Corporation (HoSE: SII) failed to meet required standards.
Finance - Thu, October 16, 2025 | 3:35 pm GMT+7
Law No. 56 a major policy breakthrough for Vietnam's stock market development
The Law No. 56, effective January 1, 2025, is one of the major legal breakthroughs in recent years that will enhance the transparency and operational efficiency of the Vietnamese stock market.
Finance - Thu, October 16, 2025 | 2:30 pm GMT+7
WHA Group breaks ground on smart technology industrial zone in central Vietnam
Thailand's WHA Group on Tuesday broke ground on a world-class, modern, and environmentally friendly industrial zone in central Vietnam, namely the WHA Smart Technology Industrial Zone-Thanh Hoa.
Real Estate - Thu, October 16, 2025 | 2:00 pm GMT+7
Vietnam a key partner in Murphy Oil’s global strategy: exec
Vietnam remains a key partner in Murphy Oil’s global business strategy, said Eric Hambly, the U.S. corporation's president and CEO.
Companies - Thu, October 16, 2025 | 12:06 pm GMT+7
VNPT, Qualcomm debut Vietnam’s 1st original design-based excellence center
State-owned Vietnam Posts and Telecommunications Group (VNPT) and Qualcomm have officially launched the VNPT-Qualcomm Excellence Center (VQEC), the first facility in the country to operate under an original design co-development model using Qualcomm’s core technologies.
Companies - Thu, October 16, 2025 | 8:41 am GMT+7