Property Devt & Invt: Vinhomes excites the market – Update
- In 3Q19, new supply volume for the Ho Chi Minh City (HCMC) condo market surged 107% yoy thanks to the Vinhomes Grand Park project.
- Meanwhile, Hanoi experienced sustainable growth in supply and transactions in both the condo and ready-built house segments.
- Maintain sector Neutral as new projects in Vietnam’s southern region remain constrained by the slow regulatory process.
Please follow this link for the full report
You Might Be Interested
Sector note
456
PetroVietnam is boosting investment, signaling that domestic E&P activities should be increasingly vibrant in the next couple years. Block B – O Mon gas-to-power chain project is still the main driver for Vietnam’s O&G industry. We believe upstream service providers…
Sector note
338
The new PDP8 favors toward gas-fired and wind power over 2021-30F period, after focusing on RE power from 2031F onward. We see gas-fired and coal-fired power using domestic coal to enjoy higher output mobilization under the weakening of hydropower in…
Sector note
325
We expect Brent oil price to average at US$80-85 per barrel in FY23-24F as OPEC+ production cuts extension may cause the deficit in oil market. We see sharp outlook for upstream services providers as E&P activities are picking up in…
VI
EN
JA
ZH
