Monthly Archives: March 2018

Greening out real estate projects

By | Vietnam Investment review | No Comments

Nguyen Huu Dung, chairman of the Vietnam Association of Construction Environment, said that the Vietnamese market has only seen a limited number of green building as most real estate projects now mainly focus on developing residential-commercial complexes which can be sold at high prices.

Furthermore, the Vietnamese government has yet to formulate an official system of national green standards, so most domestic developers have to rely on the standards set up by some foreign or domestic consultancy organisations to develop their own green projects, such as International Financial Corporation’s EDGE (Excellence in Design for Greater Efficiencies); Green Mark (Singapore), LEED (US Green Building Council’s Leadership in Energy and Environmental Design), or Lotus of the Vietnam Green Building Council (VGBC)

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