Hanoi (VNA) – Despite being anewcomer to the fair, Vietnamese firm Beehouse JSC has wowed investors andvisitors at this year’s Realty Expo Korea.
The real estate service company, based inHanoi and the central city of Da Nang, brought two high-end resort projects tothe event, which ran from September 19 – 21 in Seoul.
The first project was Risemount Apartment DaNang, twin towers located in the centre of Hai Chau district, which consist of luxuriousapartments and a 5-star hotel complex.
The second was Movenpick Resort Lang Co, set alongthe popular Lang Co beach in the central province of Thua Thien – Hue.
Nguyen Thi Minh Nguyet, vice director ofBeehouse JSC, said resort projects in Vietnam appeal to realty investors fromthe Republic of Korea (RoK).
An investor has a profit rate of between 4to 6 percent from a realty project and is subject to various types of taxes inthe RoK, while he enjoys a rate of about 10 percent with flexible investmentpolicies in Vietnam, Nguyet explained.
Realty Expo Korea is organised by the KoreaEconomic Daily, Hankyung Real Estate Research Institute, and International RealEstate Federation FIABCI. It is a large scale international realty exposition,offering investment opportunities and connecting players in the field.
This year, the event was estimated toattract the participation of 20 countries and territories worldwide, along withthousands of firms and customers.-VNA