Savills Group CEO: HCM City – a promising market in real estate

Many foreign investors, including the UK’s Savills Estate Agents, have regarded Vietnam and Ho Chi Minh City in particular as a promising market in the property sector, Savills Group CEO Mark Ridley has said.
Savills Group CEO: HCM City – a promising market in real estate ảnh 1A corner of Ho Chi Minh City. Illustrative image (Photo: VNA)

HCM City (VNA) –
Many foreign investors, including theUK’s Savills Estate Agents, have regarded Vietnam and Ho Chi Minh City inparticular as a promising market in the property sector, Savills Group CEO MarkRidley has said.

Mark Ridley told Vice Chairman of the HCM City People’s Committee LeThanh Liem on April 11 that the group hopes for more opportunities to lurepotential investors to Vietnam and its southern metropolis, contributing to thecity’s development in the future.

In the over two decades since it first stepped foot in Vietnam, Savillshas always received support from the Vietnamese Government’s policies, he said,lauding the country for its efforts in perfecting mechanisms and investmentenvironment.

Mark Ridley called for further support from HCM City’s leaders andrelevant departments and agencies in order to create more opportunities forforeign investors in the local real estate market.

For his part, Liem highlighted Savills Group’s potential, as wellas its contributions to Vietnam’s development over the years.

The official briefed his guest on the city’s infrastructuredevelopment, stressing that HCM City stands ready to welcome both domestic andforeign investors and consultants to cooperate with the locality in urbaninfrastructure development.

HCM City will always improve its investment environment and createthe best possible conditions for foreign investors to operate for a long termin the city, he pledged.

Founded in the UK in 1855, Savills is one of theworld’s leading property agents. It spans across the globe, with 600 officesacross the Americas, Europe, Asia Pacific, Africa, and the Middle East.

Savills Vietnam operates in the spheres of property consultancyand management; as well as housing, hotel, and resort business, among others. –VNA 
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.