Real Estate

The second quarter of 2024 saw a stagnant market for vacation homes in Danang and its surrounding areas. While condotels and villas managed a meager sales rate of 0.1-0.9%, not a single shop house or vacation townhouse was sold in three months.

The Dong Phu 2 Industrial Park spans an impressive 234 hectares in the heart of Dong Phu Commune, Chau Thanh District, in the Hau Giang Province. With a total investment of nearly VND 4,000 billion, this industrial park is set to become a thriving hub of economic activity and a testament to the region's growing potential.

With a prime location overlooking the Han River in Da Nang, and in close proximity to the iconic swing bridge, Tower S3 of the Sun Symphony Residence ensemble captivates the elite with not just front-row seats to the International Fireworks Festival, but also a bespoke collection of coveted, upscale amenities.

The real estate market is abuzz with a mix of excitement and trepidation as the countdown begins to the implementation of three pivotal laws: the Housing Law, the Land Law, and the Real Estate Business Law, effective August 1, 2024. This trio of legislation has the potential to usher in a new era for the industry, but will it live up to the hopes of being a magic wand that transforms the landscape of real estate, or will it bring about a period of transition and adjustment?

"Hanoi People's Committee Chairman Tran Sy Thanh has proposed a social housing policy, suggesting a unified approach to housing. He recommends doing away with the distinction between social and commercial housing and instead adhering to a single standard of quality as defined by the Ministry of Construction. This would ensure equitable access to housing and services for all citizens, regardless of their background."

The Government Office has issued Notification No. 335/TB-VPCP dated July 19, 2024, conveying the conclusions of Prime Minister Pham Minh Chinh's working session with relevant ministries and localities to address challenges faced by key transport projects in the Mekong Delta, Ho Chi Minh City, and associated provinces.

Cù lao Hiệp Hòa, a pristine island in Đồng Nai, is on the brink of a remarkable transformation with a slew of upcoming mega-projects. The most notable of these is the Hiệp Hòa urban area development, boasting a staggering investment of 72,000 billion VND.

The name "Nhà hàng Thủy Tạ" has long been intertwined with the iconic structure of the nationally-acclaimed Xuan Huong Lake. Thus, any alteration to this renowned landmark falls under the jurisdiction of central authorities.

"This content was discussed at a workshop hosted by the University of Law Ho Chi Minh City and the Vietnam International Arbitration Center (VIAC) on July 18. The workshop, titled “Real Estate Disputes in the Context of the New Legal Framework,” explored the latest legal developments and their impact on real estate disputes in Vietnam."

The Lam Dong Provincial Leaders asserted that the handling of violations at the Golf Club Building project of Hoang Gia DL Joint Stock Company has always been approached with caution and with the utmost respect for the law.