Since CBRE was established in Vietnam 12 years ago, managing director Marc Townsend has witnessed many changes in Vietnam’s real estate market. He recaps on his decade in the country.

CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited, has secured a contract to manage the 222-unit Ascott Waterfront Saigon from Canh Hung Hai Thanh Corporation, an affiliate company under the management of M.I.K Corporation.

The Ministry of Construction (MoC) has made a proposal to the State Bank of Vietnam (SBV) to grant financial support to seven social housing projects across the country.

Vingroup officially opened a luxury cuisine and conference centre at Vinhomes Riverside in Long Bien District, Ha Noi, on December 20.

The northern Quang Ninh Province faces a large demand by low-income earners and workers for houses, as the total number of laborers is expected to reach 800,000 by 2020.

Viet Han Real Estate Construction and Trading Company on December 18 signed an exclusive management, operation and development agreement with TNR Holdings Vietnam to develop the Goldmark City project in Hanoi.

The People's Committee of this southern city sought the revision of the framework governing local land prices to be applied next year during a working session on December 15.

Korean property developer Inpyung has decapitated apartment blocks in its Daewoo Cleve development in Hanoi’s Hadong district due to construction and sales difficulties.