Co-working spaces creating a vibe
Co-working spaces starting to pop up around Hanoi and HCMC wherever location permits. It was 6pm on April 13th on the second floor of Indochina Plaza Hanoi and dozens of people were taking photos at the opening of naked Hub, a space for Vietnamese culture, brilliantly lit by color and light. Most were surprised by the design before realizing it’s a co-working space. Asia’s premium co-working brand naked Hub opened its first center in Vietnam on a gross floor area (GFA) of 2,244 sq m, 33 per cent of which is public space. Facilities include a living room/bar, a lounge, meeting booths, phone booths, a pantry, meeting rooms, nap booths, and showers.
For more details, please kindly visit:
http://vneconomictimes.com/article/business/co-working-spaces-creating-a-vibe
-----------------
Hanoi takes stronger stance on fire code violations
Hanoi has announced the list of 91 buildings violating the fire code and promises no leniency to developers who refuse to fix issues. The Hanoi Fire Prevention Department has just announced the list of 91 buildings violating the fire code after a review and inspections at the capital’s buildings in late May. Viglacera Corporation is the developer of eight apartment buildings in the Dang Xa township, in Gia Lam, which were found to violate the fire code. Housing and Urban Development Corporation (HUD) is the developer of six such apartment buildings in the Van Quan urban area, Hadong district, and Tu Hiep Hong Ha Dau Khi JSC has five buildings on this list.
For more details, please kindly visit:
http://www.vir.com.vn/hanoi-takes-stronger-stance-on-fire-code-violations-59624.html
-----------------
FLC Group to hold investment roadshow in US
FLC Group, one of leading multi-sector companies in Viet Nam, will organise its first-ever roadshow in Washington, DC on June 25th. FLC Group said its aim was to share investment opportunities in potential fields in Viet Nam and attract American investors to dabble in projects in the country. The roadshow will feature seminars by well-known speakers and experts in real estate, aviation, travel, golf and hi-tech farming, with the participation of about 400 guests.
For more details, please kindly visit:
http://bizhub.vn/property/flc-group-to-hold-investment-roadshow-in-us_295560.html
-----------------
$800m in FDI pours into VN property
In the first five months of this year, the registered capital of newly licensed real estate projects reached US$623.3 million. Including the registered capital of licensed projects from previous years, foreign direct investment (FDI) in real estate business in Viet Nam reached $806.5 million, according to the General Statistics Office. Foreign investors often invest in Viet Nam property in three main ways: capital contributions, share purchase and capital investment loans.
For more details, please kindly visit:
-----------------
Berjaya Land exits long-delayed Vietnam financial centre project
After nearly a decade of delays in project execution, Berjaya Land Bhd (BLand) decided to call it a day. The property group is divesting its investment in a Vietnamese financial centre project at a loss. In a filing today, BLand said it is selling off the entire 32.5% of total capital contribution in Berjaya Vietnam Financial Center Ltd (BVFC Ltd) to local firms Vinhomes Joint Stock Co and Can Gio Tourist City Corp for 884.93 billion Vietnamese Dong (RM154.86 million) cash. The Edge Market reports. BLand said a capital transfer agreement was signed between its subsidiary Berjaya Leisure (Cayman) Ltd (BLeisure Cayman) with the purchasers.
For more details, please kindly visit:
http://vietnaminsider.vn/berjaya-land-exits-long-delayed-vietnam-financial-centre-project/