Property developers often say there are three important things that help to bring success to their properties, location, location and location. That is why many realty firms have spent a lot of time and money looking for prime sites for their project development. It is easy to understand that big profit margins are what will return for their risky investments.

The Tien Loc Investment Group yesterday started the construction of the 25-storey Tien Loc – Ha Nam building, the highest so far in Phu Ly city, Ha Nam province.

A new road linking Ho Chi Minh City with the East Sea through its coastal district of Can Gio opened to traffic January 26.

The Silver Shores joint venture opened an international tourism centre in Da Nang’s Ngu Hanh Son (five marble mountains) district on January 26.

The country’s largest distributor, Vietnam Distribution Associate Network Development and Investment Joint Stock Company (VDA) owned by four leading local retailers, opened its first commercial center in the central city of Danang last week.

Cracks found in the four sections of the Thu Thiem Tunnel Project, which will cross the Saigon River, have been repaired properly, a senior manager of the project said.

Vietnam’s retail property market will see a boom in rentals this year while the office market will remain weak due to increased supply, real estate firms have forecast.

Real estate developers in Vietnam's Ho Chi Minh City say luxury penthouses and other apartments priced at millions of dollars are selling well.

German self-service wholesale chain Metro Cash & Carry will build its 12th center in the central province of Binh Dinh’s Quy Nhon town in 2010.

Though commercial banks still advertise real estate loans, real estate investors are finding it impossible to access them.

Two months after a ban was issued to curb businesses from setting up operations in residential apartments, there are still no guiding legal documents and administrative punishments.