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Q2 Thao Dien will be put into operation this April Developed by Frasers Property Vietnam in partnership with An Duong Thao Dien Real Estate Trade JSC, Q2 Thao Dien is developed under the unique “Live – Work – Enjoy” concept with a variety of products including apartments, villas, townhouses, commercial shops, and office building, offering a diverse range of options for residents and investors. According to Truong An Duong, general manager of residential, Frasers Property Vietnam, Q2 Thao Dien meets the requirements for an ideal living space, forming a very distinctive highlight in comparison to other projects in the market. “We are unified by the group’s shared purpose – 'Inspiring Experiences, Creating Places for Good', we wish to make Q2 Thao Dien to be an iconic project, a dynamic and trending new destination where residents can experience a convenient lifestyle – shopping, entertainment and work, all in one place,” Duong stressed. Inspiring experiences in enjoying life … [Read more...] about Luxury mixed-use development Q2 Thao Dien ready for handover by this April

A new Law on Land is needed, but it could take a good three years for a new itineration. Photo: Le Toan According to previous proposals, the Law on Land 2013 was to be revised at some point after the 13th National Party Congress. A new law was to be considered within the year, with the National Assembly able to discuss the revised draft by the end of 2022. If all goes to plan, the revised law would then need at least three years before being approved. Simultaneously, and with the party congress now in the rear view mirror and a new government in the process of taking the reins, a summary report of the implementation of the 2013 land law is being led by the Ministry of Natural Resources and Environment (MoNRE), involving every ministry and local authority. The summary report will be sent to the government and submitted to the National Assembly in the second quarter of 2023 the latest. According to Dang Hung Vo, former deputy minister of Natural Resources and Environment, the … [Read more...] about Delayed Law on Land holding up real estate

Hoa Phat's steel pipes (Photo: VNA) Hanoi (VNA) - Steel manufacturer Hoa Phat Group sold over 184,000 tonnes of steel pipes in the first three months of this year, a 27 percent increase against the same period last year and giving it the lead in market share, with 30.2 percent. Nearly 7,000 tonnes of pipes were shipped to the US, Australia, and Canada during the period, a year-on-year rise of 31 percent. Sales of its steel sheets, meanwhile, neared 74,000 tonnes in the first quarter, triple the figure posted in the same period last year. Steel pipe exports contributed 4 percent to total sales, while shipments of coated steel sheets accounted for 45 percent. Hoa Phat has to date inked deals to export products to the end of July, primarily to Europe, the US, and Mexico. In March alone, sale of steel pipes exceeded 90,000 tonnes, growing 73 percent year-on-year, while that of steel sheets totalled 31,000 tonnes, a four-fold increase year-on-year. Of the … [Read more...] about Hoa Phat increases steel pipe market share to over 30 percent

Vung Tau city in Ba Ria-Vung Tau province (Photo courtesy of the provincial People’s Committee) HCM City (VNA) - The southern coastal province of Ba Ria - Vung Tau has asked the Government to allocate capital from the central budget to speed up progress of national key projects in the province over the next five years. Of the 16 major public-invested projects , three of the most important projects are the Bien Hoa – Vung Tau expressway , Phuoc An Bridge and 991B Road, according to the provincial People’s Committee. Nguyen Van Tho, Chairman of the provincial People’s Committee, said the three national key projects would connect the southern key economic region with the Cai Mep – Thi Vai deep water port, a key port in the region. “The port system can receive large container vessels of up to 200,000 deadweight tonnage (DWT) and is capable of international goods transport, which allows direct export to the EU and the US without transshipment, reducing logistics costs … [Read more...] about Ba Ria-Vung Tau to speed up key national projects