On July 2025, UOA Vietnam, a subsidiary of Malaysia’s UOA Group, acquired 100% of CTCP VIAS Hồng Ngọc Bảo for $68 million (approximately 1,700 tỷ đồng). This landmark transaction secures a prime 2,000 m² plot on Võ Thị Sáu Street, District 1, with approval for a 22-story development. This deal underscores the intense competition for Ho Chi Minh City property, driven by foreign investors...
Vietnam’s real estate sector is experiencing a remarkable recovery. According to VnExpress, real estate profit in Q2 2025 soared nearly 130% compared to the same period last year. This surge not only highlights the market’s revival but also underscores investor confidence in its long-term potential. What drives this impressive figure? Forces Behind Real Estate Profit Growth Several factors...
In a positive sign for Vietnam's largest economic hub, Ho Chi Minh City (HCMC) has recorded over $5.23 billion in remittances during the first six months of 2025. This figure represents a modest increase compared to the same period in 2024, when inflows hit approximately $5.2 billion with a sharper 20% growth. According to data from the State Bank of Vietnam's HCMC branch, the steady flow underscores the...
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