MARKET OVERVIEW – AUGUST 2021

A. SOCIO-ECONOMIC SITUATION IN THE FIRST 8 MONTHS OF 2021: The fourth wave of the pandemic starting from the beginning of May 2021, resulted in many containment measures being imposed. The pressure from these measures of social distancing and lockdown not only affected unskilled and hard labour...

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HOUSING PRICE RISES DESPITE LOW-VOLUME TRANSACTIONS (PART 2)

There is a general perception that the home price is high because of manipulation. The future property price (due to current listed houses are not affected by these reasons) also come to grips with the accelerating pressure by a number of factors: The land price on the market after the boom still...

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HOUSING PRICE RISES DESPITE LOW-VOLUME TRANSACTIONS (PART 1)

Home sales have been recently decreased dramatically, against the normal rules, the housing price still goes up. From the beginning of the second quarter of 2021, Vietnam has to confront the fourth wave of COVID-19 outbreak. It claimed the title of the most dangerous, widespread, long-lasting...

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QUARTERLY MARKET REPORT – Q2/2021

Vietnam cases of COVID-19 from April 27 increased by more than 50,000 nationwide, an increase in death historically follows a spike in illness. Millions are still unvaccinated and a highly contagious virus variant spreading quickly. Many containment restrictions and measures were put into place in...

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VIETNAM RECEIVES 500,000 DOSES OF VERO-CELL VACCINE DONATION FROM CHINA

The vaccine, called Vero Cell, is produced by the Beijing Institute of Biological Products Co.Ltd. It was approved by China last December and by WHO for emergency use last month. It has been shipped to more than 70 countries, including those in Southeast Asia like Brunei, Cambodia, Indonesia, Laos,...

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WOULD THE INVESTORS CASH OUT OF STOCKS TO INVEST IN THE REAL ESTATE MARKET?

As opposed to the assumption that the stock market would have been flooded with new investments during the time from the fourth wave of the COVID-19 pandemic to the present, it had not been. When the stock market booms, the investors traditionally think of turning their capital to real estate....

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HAI PHAT INVEST – THE TURNING POINT WITH THE NEW PROJECTS

The number of projects has been simultaneously deployed on the basis of existing land bank, besides BOD of Hai Phat Invest (Ticker Symbol: HPX) considers reorganizing and stabilizing the operating model as the top priority during the market now contains many uncertainties like the recent outbreak...

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Real estate market report – HN & HCMC (Q1 2021)

Normally, the first three months of the year often witness the low transaction volume, because of the long holiday of the Lunar new year. This year, the situation seems to be tougher by the global impact of COVID-19 pandemic. We have lost a significant number of foreign investors to buy houses and...

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Hai Phat Land: Journey of 13 years from Real Estate Agency to Developer

Hai Phat Land was widely known as one of the biggest northern agency brands. After 13 years of rapid growth with stable and strong financial potential, the company has officially taken the role as the developer of large-scale project series. 13 years of preparation at steady pace In 2008, Vietnam...

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Vietnam Airlines announces plans to re-operate selective routes from April

Aiming to gradually and safely restore the international flight network, meeting the traveling needs of passengers and contributing to the development of the economy and tourism, from April 1, 2021, to June 30, 2021, Vietnam Airlines will deploy its operation plan in 4 international routes...

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