WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Investment / News
Individual housing market to be invested in Vietnam
By Tuan Minh 18:15, 2016/04/16
On April 15, Nam Long Group and partnership investors Hankyu Realty and Nishi Nippon Raroad signed a Memorandum of Understanding (MoU) to develop an individual housing project, called Fuji Residence, in District 9, Ho Chi Minh City.
 
The signing cermony
The signing cermony
Accordingly, the two Japanese investors will buy 50 percent of the capital poured into the project by ASPL-PLB-Nam Long, a subsidiary company of Nam Long Group while sharing costs with the Vietnamese enterprise to build the project. Covering an area of 5.38 hectares, Fuji Residence, built at a total cost of 1.3 trillion VND (58.3 million USD), will have 84 Valora villas and 789 Flora apartments, located along Rach Chiec River. 

According to a representative of the Japanese investors, along with a favourable transport system, an attractive real estate market in Ho Chi Minh City is a compelling reason for Japanese businesses to land investment in the city.
Other news
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
16:27, 2024/08/24
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.