Hoa Binh Construction & Real Estate Corporation has won a contract worth VND2.066 trillion (US$91.8 million) to design and build a golf and garden villa complex in Vinh Phuc Province.
Diamond Island – the only natural island within Ho Chi Minh City developed by Kusto Home - was awarded “Best of the Best 2016” in the "Private Green Project of the Year" category by Robb Report.
Berjaya Land Bhd. will sell its entire stake in Vietnamese 4-star Berjaya Long Beach Resort Phu Quoc to Sulyna Hospitality Hotel Restaurant Travel Service Co., Ltd. at the price of VND333.25 billion, or RM65.32 million ($14.67 million).
The Splendora project, in which Posco E&C holds 50 per cent, does not look like it is going to be completed by 2018 as was planned earlier due to a recent proposal submitted to the local authorities to adjust the 1/500 planning of the project.
VinaCapital-owned funds have divested from a number of real estate assets in Vietnam, supposedly including the long-held Sofitel Legend Metropole Hanoi Hotel, as the investment firm restructured its strategy.