On August 3rd, Taseco Real Estate Investment Corporation, a subsidiary of Taseco Group, held a groundbreaking ceremony for the "Construction and Infrastructure Business of Đồng Văn 3 Support Industrial Park," located east of the Cầu Giẽ - Ninh Bình expressway. The event was attended by Deputy Minister of Construction Nguyễn Tường Văn, Hà Nam's Deputy Secretary Đinh Thị Lụa, Provincial Chairman Trương Quốc Huy, and 500 distinguished guests.

On May 30,2024, the groundbreaking ceremony for the Logos Yen Phong IIA project was officially held in Hoa Tien Commune, Yen Phong District, Bac Ninh Province. This significant event was organized by LOGOS Property and related parties.

Foreign direct investment (FDI) in the property sector has jumped by 70 per cent year-on-year to over US$1.98 billion as of May 20, 2024.

The influx of foreign capital into the real estate sector since the beginning of the year has reached $1.68 billion, quadrupling compared to the same period in 2023, indicating that the Vietnamese real estate market remains attractive to foreign real estate giants.

There were no new industrial park projects launched in Vietnam in the 1st quarter of 2024. Existing industrial parks in the North attracted new tenants totaling 110 hectares, while in the Southern market, it was only over 20 hectares (Source: CBRE)

The Ministry of Planning and Investment has submitted a proposal to the Prime Minister for consideration and approval of the investment principle to construct and operate infrastructure for an industrial park covering an area of 964.8 hectares in the Vung Ang Economic Zone, Ky Anh town, Ha Tinh province.

Article 247 of the Land Law 2024 will be effective from January 1, 2025.

According to a report by FiinGroup, the forecast for cold storage capacity in Vietnam is expected to increase by 70% over the next 5 years, rising from 1 million to 1.7 million pallets.

This province will soon be home to Vietnam's largest airport.