Hanoi apartment prices skyrocket

Hanoi apartment prices skyrocket

The primary asking price of apartments in Hanoi reached nearly VND60 million ($2,422) per square meter at the end of 2023, and they have continued to rise by 10-15% this year.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Inside Hanoi's The West building after ownership change

Inside Hanoi's The West building after ownership change

The main lobby, office, elevator interiors, and pantry in The West building at 265 Cau Giay street in Hanoi have all been comprehensively renovated as part of the new owner’s plans to upgrade tenant experience and deliver improved service quality.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

New night tour offers an escape to history

New night tour offers an escape to history

Seeing Hanoi at night is proving really popular for tourists visiting the capital.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi, HCMC in apartment price race

Hanoi, HCMC in apartment price race

The average primary asking price of apartments in Hanoi has increased for 20 consecutive quarters to VND58 million ($2,363) per square meters, while in Ho Chi Minh City, apartments priced under VND2 billion ($81,000) per unit are no longer available.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Iconic Hanoi Opera House introduces new music program for public

Iconic Hanoi Opera House introduces new music program for public

Hanoi's local residents and tourists now can enjoy more options for entertainment when the Opera House introduces a new art programme.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Construction major Vinaconex to build $257 mln industrial park in Hanoi

Construction major Vinaconex to build $257 mln industrial park in Hanoi

Construction and real estate corporation Vinaconex will develop the Dong Anh Industrial Park in Hanoi at a cost of VND6.34 trillion ($256.6 million).

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Singapore’s CapitaLand plans 70% growth in Vietnam residential portfolio

Singapore’s CapitaLand plans 70% growth in Vietnam residential portfolio

CapitaLand Development, the development arm of Singapore-headquartered CapitaLand Group, aims to grow its Vietnam residential portfolio to 27,000 units by 2028, a 70% growth from the current 16,000.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam budget airline Vietjet launches Melbourne-Hanoi direct air link

Vietnam budget airline Vietjet launches Melbourne-Hanoi direct air link

Private carrier Vietjet announced the launch of direct flights between Melbourne and Hanoi at the Vietnam-Australia Business Forum 2024 held Tuesday in Melbourne.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

CapitaLand breaks ground on giant residential project in Hanoi

CapitaLand breaks ground on giant residential project in Hanoi

Singapore-backed CapitaLand Development (CLD) on Friday broke ground on the Lumi Hanoi, a S$1 billion (U.S$743 million) high-end residential project, in the capital city of Vietnam.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Registered FDI in Vietnam soars 39% to $4.3 bln in 2 months

Registered FDI in Vietnam soars 39% to $4.3 bln in 2 months

Foreign investors have continued to bet on Vietnam’s success story by pouring in fresh cash, sending committed foreign direct investment (FDI) in the Southeast Asian country to $4.29 billion in the first two months of this year, up 38.6% year-on-year.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi, HCMC to welcome large amount of new office supply in 2024: Cushman & Wakefield

Hanoi, HCMC to welcome large amount of new office supply in 2024: Cushman & Wakefield

Hanoi's Central Business District (CBD) will welcome a total of 80,700 square meters of new office supply in 2024, while in Ho Chi Minh City, new Grade A supply is expected in the CBD with the launch of three projects, contributing a total of 118,700 sqm of premium office space to the market, according to analysts from Cushman & Wakefield.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi property market 2023 overview and 2024 forecasts: Cushman & Wakefield

Hanoi property market 2023 overview and 2024 forecasts: Cushman & Wakefield

Cushman & Wakefield analysts give an insight into real estate segments in Hanoi in 2023 and prospects for 2024.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Singapore’s Keppel posts zero 2023 home sales in Vietnam

Singapore’s Keppel posts zero 2023 home sales in Vietnam

Keppel Corporation recorded no sales of home units in Vietnam in fiscal year 2023, according to the Singaporean firm’s financial results for the full year ending December 31, 2023.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi kumquat village hectic as Tet approaches

Hanoi kumquat village hectic as Tet approaches

As Tet (Lunar New Year holiday) nears, Tu Lien village – the “capital of kumquat trees” in Hanoi’s Tay Ho district, is bustling as growers offer their ornamental kumquat trees to the market.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Southeast Asia’s biggest drone light show to mark start of Year of Dragon in Hanoi

Southeast Asia’s biggest drone light show to mark start of Year of Dragon in Hanoi

A drone light show expected to set a Southeast Asian record is scheduled to take place by the side of the West Lake in Hanoi on the eve of the Year of the Dragon on February 9.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Spring emerges in Hanoi capital's bonsai villages

Spring emerges in Hanoi capital's bonsai villages

The spring atmosphere is overwhelming Hanoi with bonsai gardens around the capital.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hang Trong folk painting exhibition revives traditional art form

Hang Trong folk painting exhibition revives traditional art form

Replicas of famous traditional Hang Trong folk paintings – a genre of traditional Vietnamese woodcuts by Hanoi artisans – are on display at an exhibition taking place right in its birthplace in Hang Trong ward in Hoan Kiem district, Hanoi.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Korea’s Lotte earns $75 mln in 4 months from Hanoi mega mall

Korea’s Lotte earns $75 mln in 4 months from Hanoi mega mall

South Korean conglomerate Lotte has earned revenues of KRW100 million ($74.8 million) from the Lotte Mall West Lake complex in Hanoi that opened in September last year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

China’s Pacific Construction to build $2.65 bln metro line in Hanoi

China’s Pacific Construction to build $2.65 bln metro line in Hanoi

China Pacific Construction Group (CPCG), one of China's largest private corporations in the field of transport infrastructure, has partnered with Vietnam Construction and Import-Export JS Corporation (Vinaconex) on two major infrastructure projects totaling VND85 trillion ($3.46 billion) in Hanoi, including a $2.65 billion metro line.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Apartment prices in Hanoi rise for 20 consecutive quarters, ease in HCMC

Apartment prices in Hanoi rise for 20 consecutive quarters, ease in HCMC

The average primary prices of apartments in Hanoi have increased for 20 consecutive quarters amid scant supply while those in Ho Chi Minh City have cooled down, according to the latest Savills Vietnam report.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi collects public feedback on $409 mln horse racecourse project

Hanoi collects public feedback on $409 mln horse racecourse project

Hanoi’s Soc Son district is collecting public feedback on a VND9,577 billion ($408.66 million) 125-hectare horse racecourse it plans to build in Tan Minh and Phu Linh communes.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Industrial parks to remain ‘tenant-favorable’ as competition heats up: Knight Frank exec

Industrial parks to remain ‘tenant-favorable’ as competition heats up: Knight Frank exec

Increasing investors in industrial parks will make them more competitive and tenant-favorable, with developers offering cheaper rents and other incentives, Knight Frank Vietnam managing director Alex Crane tells The Investor.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ha Nam province strives to become centrally run city by 2050

Ha Nam province strives to become centrally run city by 2050

Ha Nam in northern Vietnam is aiming to become a centrally run city and a smart and modern urban area by 2050, according to a freshly approved provincial master plan for the 2021-2030 period, with a vision to 2050.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Famous snake village officially recognized as a tourist site of Hanoi

Famous snake village officially recognized as a tourist site of Hanoi

The Hanoi suburban village of Le Mat, well-known nationwide for its snake farms and restaurants, has officially become a tourist destination of the capital city.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi parking projects face site clearance problems, investor disinterets

Hanoi parking projects face site clearance problems, investor disinterets

At least 37 parking lot projects in Hanoi are facing site clearance and investor attraction problems, said Le Anh Quan, director of the municipal Department of Planning and Investment.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi to have second airport by 2050

Hanoi to have second airport by 2050

Hanoi is considering a second airport for the “capital region” that will begin construction in 2040 and open to commercial traffic 10 years later.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi, HCMC apartment prices keep bucking real estate downtrend

Hanoi, HCMC apartment prices keep bucking real estate downtrend

Despite the liquidity gloom pervading the real estate market, apartment prices in Hanoi and Ho Chi Minh City have been increasing constantly.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam to host its third APEC summit in 2027

Vietnam to host its third APEC summit in 2027

Vietnam will host the Asia-Pacific Economic Cooperation (APEC) summit in 2027 for the third time, per the 2023 APEC Leaders’ Golden Gate Declaration adopted Friday in San Francisco.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam reiterates request for US aid for semiconductor industry

Vietnam reiterates request for US aid for semiconductor industry

Vietnam has asked the U.S. government to support it in developing the fledgling semiconductor sector and other basic industries as the country has become one of the fastest-growing semiconductor markets.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

China second largest foreign investor in Hanoi

China second largest foreign investor in Hanoi

China is Hanoi’s second largest source of foreign direct investment, accounting for 18% of total overseas investment flows into the capital city, said a municipal official.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sumitomo-BRG joint venture begins work on $4.2 bln Hanoi smart city

Sumitomo-BRG joint venture begins work on $4.2 bln Hanoi smart city

A joint venture between Vietnamese conglomerate BRG and Japan’s Sumitomo began work Saturday on the $4.2-billion North Hanoi Smart City project.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Korea environmental firm Techcross eyes wastewater treatment projects in Hanoi

Korea environmental firm Techcross eyes wastewater treatment projects in Hanoi

South Korea’s Techcross Water & Energy (TWE) is looking to build wastewater treatment projects in Hanoi and has urged Vietnam's capital city to recommend suitable projects for future cooperation.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Da Nang, Hanoi among 10 most searched destinations by Indian tourists

Da Nang, Hanoi among 10 most searched destinations by Indian tourists

Indian tourists are most interested in visiting Da Nang, with the central coastal city topping their destination searches; and Hanoi is another top 10 draw, a new Skyscanner report says.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam needs $16.3 bln for airport network development: minister

Vietnam needs $16.3 bln for airport network development: minister

Vietnam needs up to VND400 trillion ($16.32 billion) to implement its 2021-2030 airport network development plan, with several localities wanting aviation connectivity, said Minister of Transport Nguyen Van Thang.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Singapore CapitaLand announces $740 mln residential project in Hanoi

Singapore CapitaLand announces $740 mln residential project in Hanoi

CapitaLand Development, the development arm of Singapore-headquartered CapitaLand Group, will begin construction of a high-end residential project in Hanoi in the first quarter of 2024.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7