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Vietnam’s property market continues to prosper with capital injection from foreign corporations, remaking of Nam Từ Liêm into a CBD, expansion of the airport, and infrastructure building. Investors have placed their attention into the quality property market that Vietnam now offers. Golden Emperor Properties hosted the ‘Vietnam’s Capital City Hanoi Property Seminar’ over the weekend, where investors attended the event to learn of Malaysian listed company, GAMUDALAND VIETNAM LLC’s newest development, The ZEN Residence, the first integrated township in Vietnam: a core for commercial, retail and entertainment living, which poses significance to  the government. The ZEN Residence sits by Ring Road 3 connecting to the city’s business and manufacturing districts . The launch attracted many interested buyers and received tremendous support over the weekend.

Photo Above: Mr. Terence Chan, Managing Director of Golden Emperor Properties hosted a discussion of Vietnam’s market trend.

Photo Above: The seminar, hosted for two days over the weekend, enjoyed wide support from investors.

Photo Above: The ZEN Residence, situated within Gamuda City, a city within a city, attracted many buyers.

E-commerce has taken off in Vietnam with a booming amount of internet usage and smartphone ownership. The percentage of e-commerce shoppers grew from 5.4 % to 8.8% in Vietnam’s major cities.

Vietnam’s e-commerce market grew by 25 percent last year and is expected to maintain its steady growth in the next 5  years. The market has climbed to US $4 billion in 2016 and is still one of the fastest growing e-commerce market in the world. Revenue from e-commerce retail amounts to US $2.6 million in 2018 and forecasts to a revenue growth of 26.8% in 2019, with the retail market of media and electronic goods the highest. The country is ambitious in reaching a revenue totaling to US $10 billion by 2020.

It is now a critical time for investors to enter this promising market while retail corporations are gradually relocating their operations into Vietnam. American giant, Amazon, announced their plan to open up its platform on the Vietnamese market. It will provide a platform for local enterprises to exporting Vietnam’s manufactured goods. Amazon, is estimated to have a net worth of US $150 billion and is expected to sign a deal with the Vietnam E-commerce Association in Hanoi this month. Its implementation strategy is to be announced in the next few days.

Amazon’s rival, Alibaba, has already signed an agreement with the National Payment Corporation of Vietnam which will allow its users to use its online payment platform in Vietnam.

“Although the size of Vietnam’s e-commerce market is still small compared to other countries, it holds a strong potential, as the value growth of FMCG (fast moving consumer goods) is up by 69%,” said David Anjoubault, general manager of Kantar Worldpanel Vietnam.

 Source: Statista, VNexpress, VNexpress, Asia Nikkei

Recent ASEAN development has unlocked a rapid growth of its regional countries with Vietnam advancing compared to the rest of the region. As a nation-wide pillar, Ho Chi Minh City (HCMC) benefits from a thriving economy, supported by a flourishing sector of manufacturing businesses. The government’s foreign investment policies have warmed up the interest of investors on its property market. Large developmental projects like Thu Thiem and transportation infrastructures have aided the property market to inflate. High quality residential properties in HCMC are the new prospects for Hong Kong and international investors.

Golden Emperor Properties hosted a ‘Vietnam Ho Chi Minh Sky Villa Seminar’ the past weekend to privately launch SonKim Land’s Serenity Sky Villas. The projects is a series of elevated villas overlooking the city of Ho Chi Minh. Villas are sold from HK$100M as the most luxurious in all of HCMC. The event received wide support from clients and investors, as many chose their desired units from the project.

Photo Above: Golden Emperor Properties Managing Director, Terence Chan, shares his insights into the Vietnam market and upcoming properties.

Although there were only 15 trading days in the month due to long Tet holidays, total transaction contracts reached 421,824 with combined par value of nearly 44.67 trillion VND (1.96 billion USD), up 3.21 percent and 2.98 percent, respectively, from the previous month.

The average trading volume on the market enjoyed a month-on-month surge of 51.37 percent to 22,122 contracts per session, with value averaging nearly 3 trillion VND (133.3 million USD). This was the highest trading data in the market’s seven-month existence.

As of February 28, total open market volume was 11,461 contracts, also a record high. The HNX attributed the increase of the open market volume to investors’ interest in derivatives products, which was demonstrated through the 9.51 percent growth of trading account numbers against January to 21,819 accounts.

Most of the investments on the market came from individual investors who dominated 97.87 percent of the total transactions. Meanwhile, trading of domestic institutional investors only accounted for 0.16 percent.

According to the HNX, the derivatives market has served as an effective investment channel and a hedge of risk that helps stabilise the investors’ psychology, especially when the market was highly volatile.

While the VN-Index tapered off over 93 points on February 5-6, the derivatives market still went vibrant with a record of 39,311 transactions on February 6.

The derivatives market has operated smoothly with sound information system that provides timely and accurate information for the investors.

The derivatives market opens at 8.45am, 15 minutes earlier than the opening hour of the stock market and close at 3pm. Prices of products are allowed to fluctuate by /- 7 percent and price quotation is 0.1 VN30 index point.

source: Vietnamnet

Romantic: a word that describes almost all riverside and beachside destinations in Vietnam. This Southeastern gem has transpired into a fascinating country with a long history, ranking 2^nd for its travel growth in Southeast Asia in 2017. It is no longer that backward country you saw to be filmed in wartime movies, but into its modern age of hosting some of the world’s most economical romantic getaways.

Vietnam offers multiple settings where you can run hand in hand along quiet beaches chasing after sunsets, or indulge in amazing spa treatment at luxury resorts, or zipline across the country’s symbolic topical forests together. Read on to discover your favorite romantic getaway in Vietnam.

-Dalat: The Valley of Love

A mid-sized city, Dalat features a simplified version of Paris’ Eiffel Tower. When lit up at night, imagine you might just be dancing under the same romantic landmark in Paris with its European charm. The valley region is surrounded by pine covered forests, lakes and waterfalls. Its hilly terrain, makes it a popular destination for honeymoons and wedding photography. Not to mention the natural landscape this region offers, and the endless flower farms and fields, which remain to be favorite photo-taking spots for the avid travelers. Discover fairy-tale ending or tragic stories of passionate lovers behind Dalat’s landmarks, the reason why the region is called the Valley of Love.

Places to visit: Da Lat Flower Park, Ho Xuan Huong Lake, Lake of Signs, Pongour Waterfull, Langbiang

-Sapa: Terraces to Heaven

The Sapa region is scenic, historic, and romantic. Rice terraces carpets the hills of the region in green and yellow depending on the season you visit.  The fields are also tended by their long-lived ethnic tribes, those still dressed in traditional clothing and live with the most modest lifestyle. Like the rest of the country, the region has some majestic scenery, and mountain tops to summit for the adventurous couples. Discover and embark on a fulfilling adventure with your loved one in the Valley to Heaven.

Places to Visit: Silver Waterfall, Rice Terraces, Sapa Market, Fansipan Mountain

-Phu Quoc: The Paradise Island

Disembark to the coastline of the country and visit the country’s paradise island: Phu Quoc. The island is everything you imagine it to be: fine-sanded white beaches, crystal clear water that reaches to the seabed, shallow corals and over-water resort rooms lining the shores. Beat the heat of the islands by getting adventurous doing snorkeling or stand underneath the islands’ waterfall as it powers down the rocks and onto your back. In Phu Quoc, you don’t chase after sunsets; you swim after them.

Places to Visit: Phu Quoc National Park, Fishing Villages, Suoi Tranh Waterfall, Dinh Cau Rock

-Hoi An: The Seaside Charm

Yellow walls set against blue windows, pink flowers hanging above green doors, reflections of red bridges across quiet canals: Hoi An is the old Vietnamese charm. The unique decors and plantings on every street will make you forget time as you stand to admire the elegance of its French-inspired Colonial architecture. The enchanting streets are lined with houses which has been transformed into boutique hotels, galleries and coffee shops. Visit Hoi An with your significant other and step back in time in this time-warped destination.

Places to Visit: Hoi An Old Town, My Son Sanctuary, Japanese Covered Bridge

-Ha Long Bay: The Romantic Horizon

The waters of Ha Long can be explored on kayaks or with the range of luxury boat tours that are offered by tour companies. Here, you can relax and live on the quiet waters for a few days, away from the hustle and bustle of any cities. The charming region is famous for its limestone formations topping the emerald waters below. The breathtaking landscape will amaze and inspire you. The best recommendation from world travelers: hike to the mountain tops of the limestone forests to watch the sunrise against the scenic horizon.

Places to Visit: Cat Ba Islands, Lan Ha Islands, Floating Villages