Headlines

Resort breaks ground in Ho Tram Strip project

Ho Tram Project Company on Saturday began construction of the MGM Grand, the first of five luxury resorts planned for the Ho Tram Strip complex in the southern coastal beach resort province of Ba Ria-Vung Tau.

Korean developer to launch property project in Danang

Korea Investment and Development Company Limited says it will introduce a replica apartment of the condo project Blooming Tower Danang late this month and will start a second sales program for the project after the first one kicked off in May.

Marriott to operate new Ha Noi hotel

US based hotel giant Marriott International Inc signed a management agreement with Viet Nam's Bitexco to open a luxury branded hotel in Ha Noi in 2010.

U.S. home builder sentiment highest since September

U.S. home builder sentiment in July jumped to its highest level since September as improved sales conditions boosted confidence in the market for new single-family homes, an industry group said on Thursday.

Price cuts aid Spain commercial property in Q2

Big discounts in Spain's office and retail property markets served to attract private investors rather than institutions, which are wary of falling rents, as the rental market remained weak, consultants have said.