The increase in retail space is closely linked with lower rents in the capital city, according to the latest reports of two leading real-estate firms, Savills and Cushman and Wakefield.

Viet Nam's real estate industry is expected to attract more foreign investors, even though the domestic economy is forecast to still face challenges this year, according to experts.

Ha Noi's apartment market is gaining traction because of lower prices, but sales in faraway suburbs are still tepid due to the depressed socio-geographic features of these areas.

Five days after the capital city agreed to grant certificates of land-use rights and house ownership to overseas Vietnamese and foreign home buyers, there have been no signs that anyone is interested.

The agreement was reached by Warburg Pincus Consortium, Warburg Pincus’ financial arm, and Vingroup, which is coded VIC on Ho Chi Minh Stock Exchange.

Becamex Tokyu Co. Ltd. last Friday launched the sample apartment of Sora Gardens, a component of the US$1.2-billion urban project Tokyu Binh Duong Garden City, and started offering the first apartments of this project.

Vingroup (VIC), said the deal was completed with a total transaction value is VNĐ 9823 billion, equivalent to $470 million. Transferee is Vietnam Infrastructure And Property Development Group (VIPD Group).

Ho Tram Project Company (HTP), a wholly-owned subsidiary of Asian Coast Development (Canada) Ltd and developer of the Ho Tram Strip, has announced that its first resort, located around two hours from Ho Chi Minh City, will open on 26th July 2013 and operate under the name 'The Grand – Ho Tram Strip'.