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HCM City office market spreading to non-business districts: experts - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: May, 15/2021 - 08:04 | Buildings in the central business district in HCM City. VNA/VNS Photo HCM CITY  With limited vacancies and high rents in the central business district in HCM City, non-CBD supply will continue to deliver affordable office space and keep a ceiling on rents, according to Savills Việt Nam. More than 43,300sq.m of new supply entered the non-CBD area, 55 per cent of it in Gò Vấp District and Thủ Đức City. Decentralisation continues amid limited vacancies and high rents in the downtown area. The average occupancy was 89 per cent, down 8 percentage points year-on-year, and average monthly rent was US$31 per square metre, down 3 per cent.

Việt Nam s industrial property continues to be attractive: Savills VN - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: April, 03/2021 - 09:09 |   Bến Cát Industrial Park in the southern province of Bình Dương. The sudden increase in lease enquiries for land, ready built factories, and warehousing has been accompanied by price escalations in industrial parks (IPs) near major cities. VNA/VNS Photo Ngọc Hà  HÀ NỘI - Industrial property continues to be a hot segment for Việt Nam’s real estate market with mounting enquiries as manufacturers seek to mitigate risk and diversify supply chains, according to Savills Việt Nam. The sudden increase in lease enquiries for land, ready built factories, and warehousing has been accompanied by price escalations in industrial parks (IPs) near major cities.

Việt Nam expects hospitality recovery in 2021: Savills - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Housing market to have brighter prospect this year: experts - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: January, 30/2021 - 08:41 | A view of HCM CIty. In HCM City, about 20 projects will be launched in the first six months of 2021 with about 30,000 products in all segments. Photo .cbrevietnam.com HÀ NỘI The Việt Nam Real Estate Brokerage Association forecasts the housing real estate market in 2021 to have more optimistic developments due to the effective prevention of the COVID-19 pandemic and domestic economic recovery momentum. Projects that have problems relating to laws will continue to solve the issues. Therefore, the country s apartment supply will increase sharply compared to 2020, according to the association. In the first and second quarters of 2021, tens of thousands of products in all segments are expected to be offered in Hà Nội and HCM City, the two largest real estate markets. Of which, the north and west of Hà Nội will account for the largest proportion.

More efforts needed to realise VN s huge cloud computing potential: analysts - Economy - Business Beat - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: January, 25/2021 - 09:00 | IBM Institute for Business Value says that 56 per cent of Vietnamese enterprises are using cloud management platforms. Photo qdnd.vn  Compiled by Thiên Lý According to Viettel IDC, the Vietnamese cloud computing market is worth around US$133 million and is expected to grow to $500 million by 2025. A survey by the IBM Institute for Business Value (IBV) has found that Vietnamese enterprises plan to increase their rate of expenditure on hybrid cloud services from the current 41 per cent  to 43 per cent by 2023. Hybrid cloud refers to a mixed computing, storage and services environment made up of on-premises infrastructure, private cloud services, and a public cloud, such as Amazon Web Services and Microsoft Azure, with orchestration among the various platforms.  

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