Experts are optimistic about industrial property development prospects in Viet Nam, given the country’s rapid integration and improving investment climate.
Businesses proposed to develop three large-scale projects, expected to cost about US$10-15 billion, in Van Don special economic zone during a meeting this week with Quang Ninh’s leaders.
Vietnamese-diversified BIM Group is challenging new heights in property development with investments worth hundreds of millions of dollars in luxury resorts on Phu Quoc Island.
BIM Group and its property development brand Syrena Viet Nam recently received the Viet Nam Strong Brand Name 2016 award for its contribution to the economic development of the country.
Deputy Prime Minister Trinh Dinh Dung asked the construction industry to tighten management towards to property developments to prevent imbalance in supply and demand which might trigger a market bubble.
The debt-laden Viet Nam National Coal and Mineral Industries Group, or
Vinacomin, is planning a big bond issue this year, reported the
newspaper Dau tu Chung khoan (Securities Investment).