Foreign consultancy firms all believe that the real estate market would still be very difficult in 2013, while the prices would continue decreasing. However, they believe that there would be more successful transactions.

The Vietnam real estate market has never received as much support as it is now, since the Government launched several policies to 'ice-break' the market. A huge injection of capital is expected to be pumped into the market to warm it up.

Singapore has been approved to build the No. 5 industrial zone in Vietnam, with total investment capital is 330 million U.S. dollars.

On the development orientation of Ho Chi Minh City in the future, Thu Thiem New Urban Area will play a special role in the City’s growth. Together with the existing Center, Thu Thiem New Urban Area will not only be a large economic, financial center of Ho Chi Minh City and Vietnam but also of the Southeast Asia.

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'.

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).

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.