Real estate experts believe that selling condotels can bring huge profits to investors and savings in fees that apartment developers usually pay.
The ancient town of Hoi An has seen its charm go up a few notches with its An Bang Beach making it to the list of 25 most picturesque beaches in Southeast Asia in 2018 based on a vote by TripAdvisor readers.
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)
Da Nang has finished 2nd in the Viet Nam’s Provincial Competitiveness Index (PCI) for 2017, after Quang Ninh Province-the most competitive locality in the country last year.
Accordingly, the Deputy PM has asked the municipal People’s Committees of Ha Noi, Hai Phong, Da Nang, Ho Chi Minh City and Can Tho to direct their specialised local agencies to further study the 2017 Planning Law in order to continue the tasks assigned by the Prime Minister related to developing transport modes in major cities.
Property prices in Vietnam are among the best value in Southeast Asia.
Vietnam has emerged as a favored destination among foreign firms looking to invest in property, with prices standing at among the best value in Southeast Asia.
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