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Vietnam To Allow Foreign Property Ownership

Category: Real estate, Posted:28 Nov 2014 | 05:31 am

The struggling Vietnamese real estate sector is expected to gain momentum on news that lawmakers have approved reforms for foreign property ownership.
According to news source Bloomberg the National Assembly has vetted a mandate, which will allow foreigners who hold visas as well as foreign companies doing business in Vietnam to own property.
This will include both freestanding homes and apartments. There is a threshold though with 30% in an apartment complex or 250 houses in an estate.
That said the concept of freehold property remains alien in Vietnam, where the State retains the ultimate owner and 50-year leases are considered to be full tenure.

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Mind the Gap – Keep People Inspired Event in November

Category: Hotels|Tourism, Posted:22 Oct 2022 | 08:50 am Keep People Inspired (KPI) is the second in a series of Mind the Gap Learning events. The focus of the event is on inclusiveness in hospitality, spanning Phuket’s hotels, tourism and service industries. Inclusiveness is a key element of businesses that rely heavily on human resources and is in effect all about people, whether they […]
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Japanese Luxury Brand Hoshinoya Heads To Niseko

Category: Hotels|Real estate, Posted:14 Oct 2022 | 17:42 pm Leading Japanese hotel operator Hoshino has inked a deal for a luxury resort in Niseko with developer Zekkei Properties. Located in a prime ski-in and ski-out location in Upper Hirafu Village, the 62-unit hotel and residence property will be named Hoshinoya Lodge Niseko. With one of Hirafu’s best locations, the site was formerly occupied by […]
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Phuket and Beyond, A Brief Friday Hotel Update

Category: Hotels, Posted:14 Oct 2022 | 10:24 am In Phuket, Wyndham Vacation Resorts has signed a deal to manage the 50-key Zenmaya Oceanfront in Kalim. The property will be under the Trademark Collection by Wyndham. There are synergies for the hotel given it is located across a main coastal road from the Wyndham Grand Phuket Kalim Bay. Regional carrier Myanmar Airways International (MAI) […]
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