Relocation Vietnam

Run by three expat relocation consultants from diverse backgrounds, Relocation Vietnam orients clients with the complexities of the city, helps rent a car or motorbike, deals with visa, work permit and resident card issues, and helps locate a proper home and school, along with other useful services for moving expats.

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Asian Tigers

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Asian Tigers Mobility is a leading provider of international relocation solutions. Our Vietnam Asian Tigers offices opened in 1994 to support our client’s growing needs in this emerging market. Today we have offices in both Ho Chi Minh city as well as Hanoi providing coverage for the major markets in the country. Each year Asian Tigers Mobility companies move thousands of families to their new homes from every corner of the globe. Asian Tigers Mobility provides a comprehensive end-to-end mobility service tailored to your transferee’s needs ensuring their smooth transfer. We are committed to delivering the very best moving and destination services in the industry without compromise.

With 30 offices in 14 countries and territories; a combined annual turnover of more than US$115 million, backed by more than 1,500 full time dedicated, professional staff, we represent one of the strongest relocation groups in Asia. By partnering with Asian Tigers Mobility, your organization has an opportunity to set a new standard in Asia by introducing specialized regional practices, innovative technology and industry-leading processes to its relocation program. We are a truly innovative partner dedicated to your success and that of your organization.

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JVK

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The professional international moving industry in the world today faces greater service and time demands than ever before. A greater capacity to handle increasing shipping and storage volumes, methods to reduce transit times, and the development of more efficient systems will be needed to keep pace with the regions phenomenal growth.

It is with acceptance of these new challenges that JVK has positioned itself to meet and exceed the service and time demands of the decade ahead. Linked to a strong financial base, JVK’s senior management team, consisting of American, British, Australian and Thai nationals, is dedicated to obtaining excellence in quality. Clearly defined organizational procedures, continuous staff training programs, and daily performance reviews ensure that customer service levels are of the highest standard. New and secure warehouse facilities, specialized handling equipment, and enhanced computer capabilities have created efficiencies that continually enhance our performance levels. The combination of these human and technical elements, appropriately applied and monitored, has enabled JVK to offer the international trading community throughout Asia a superior professional moving alternative.

JVK was formed as a limited liability company in Bangkok, Thailand in 1979. Focused primarily on the international and local movement of household goods in the early years, JVK established itself as a leader in this unique transportation field. As the company grew, JVK’s service scope broadened to include record management services and warehouse and distribution services. Over the past two decades, JVK has also expanded its operations regionally, operating in most major Asian cities. JVK is truly an expert in moving to and from anywhere in Asia.

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The Hottest Trends in HCMC’s Real Estate Market

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The Big Role of Real Estate in HCMC’s Economy

Real estate development and Ho Chi Minh City’s economy go hand in hand. You could even say that real estate is one of the economy’s driving forces. Around 250 professions are related to the various aspects of land trading, development and construction, from the actual investors and construction workers to the artists who paint the pictures that embellish the walls in newly constructed houses.

As long as the population growth and migration from rural areas continue, there will be demand for commercial, industrial and living space in Ho Chi Minh City. Together with factors like the rising middle class, the increase of foreign investment, the stable economy and governmental development plans, this trend will keep feeding a highly profitable real estate market.

Apart from rapid urbanisation in the Asia-Pacific region, the United Nations forecasts a population increase of 190 million in the Asia-Pacific by 2020 and another 160 million by 2025, with the highest growth rates in India, China and ASEAN countries.

If we take a look at the 2015 UN data for Vietnam, we see a population increase of 1.1 percent per annum, combined with an urbanisation rate of 3 percent from 2010 to 2015. All these people moving to the three major cities of Hanoi, Danang and, of course, Ho Chi Minh City, need a place to live and a place to work.

Past Development

Let’s take a look at the development of real estate in the last 20 years since the government began allowing people to own land in the mid-’90s.

After an initial boom, largely driven by investment from Vietnamese living overseas, the field calmed down. A lack of trust in the market coupled with regional inflation had potential foreign investors looking for more stable markets.

However, from 2005 to 2008 the market, as well as the overall economy, experienced a significant rise. It was a highly optimistic time and clever businesspeople made a fortune. Unfortunately, by the end of this surge many less careful investors who had taken on big loans were faced with the financial crisis of 2008. Land they had bought for VND one billion was suddenly worth just half that, and there was still the debt to pay.

This situation continued until the beginning of 2013 when the economy clearly began to recover and the real estate market once again began rising significantly. However, compared to the boom of ’05-’08, the rise this time was more stable because investors focused on land development rather than pure speculation. Government policies also favoured stable development that made sense in the long run.

Another factor was the strong influx of foreign investment, mainly from developed Asian countries. Money flowed into Saigon from Japan, South Korea, Hong Kong, Macau, Taiwan and Singapore, where development had relaxed a bit and turned into a slow but stable rise.

Present and Future Development

Currently the real estate market is growing. In 2016, foreign groups invested US$1.3 billion into property in Vietnam. This foreign direct investment (FDI) figure started high and dropped by 44 percent over the year, but real estate was still the second-biggest market sector in terms of foreign investment. The strongest partners were companies from Japan, South Korea and Singapore. According to the Ho Chi Minh City Real Estate Business Association, the trend will continue in 2017.

Of course, predictions are always risky, but the future does look rosy. For instance, the massive land development across the river from District 1 does not follow a mindless expansion, but is carefully encouraged by the government.

The plan is to try and mirror the Districts 1 and 3 on the other side, with Thu Thiem becoming a second city centre, while District 9 will become a main residential and business area.

Green Grass Across the River

If you take the tunnel under the Saigon River, you end up in Thu Thiem where the development cannot be ignored. Remember when you stopped by the riverside to take a photo of the sunrise from District 1? Soon the view will be obstructed by new high-rises.

Even if most people will miss the greenery, the city centre will expand to make it ready for the new wave of traffic that will pop up in the not-too-distant future. This new wave will mainly involve cars and, hopefully, public transport.

Another factor that speaks for Thu Thiem as a target for massive development is its strategic location. It is the portal to the city itself from the north, the east – and from everywhere in the world thanks to the new airport. Long Thanh International Airport will finally lift the weight of international arrivals and departures off our overloaded Tan Son Nhat Airport. The location of the new airport will be just 20 minutes from Thu Thiem.

The Thu Thiem Tunnel is already a connection point to the inner city, and Mai Chi Tho street links the same to outbound highways like CT01 and QL52, which cover most of the transport from Dong Nai.

The third factor that speaks for the development of Thu Thiem is its location next to the Saigon River. While District 1 is too crowded to make space for a centrally located harbour, the new location can do exactly that. It can mirror the industrial harbour in District 7’s Tan Thuan Dong and accept smaller cargo vessels as well as passenger ships.

For the big, hulking cargo vessels that haul Ho Chi Minh City’s goods away to international destinations and bring in loads of cheese for the increasing crowd of expatriate workers, we have Cat Lai Port on the banks of the deeper and therefore more navigable Dong Nai River. Properly connecting this major port to the city centre will boost Saigon’s economic efficiency.

Credit: sallyd.wordpress.com

The Homes of Tomorrow

There are already residential investments in the area – just take a look at the Melosa Garden development in District 9, which provides homes targeted at expatriates and the upper middle class of Vietnamese who want to be close enough to their office locations in the inner city without the noise and pollution. Another example are the Valoria Fuji apartments at the other end of District 9.

With the growing economy of Vietnam, the ongoing urbanisation, the steady population increase, the government policies promoting development and the rise of the middle class in search of homes and business locations, the real estate market is destined to grow and provide jobs for people from many different professions. One thing is certain: the expansion of real estate is an integral part of Saigon’s economy.


AGS Four Winds

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Being part a large removals company, allows our removals branch in Vietnam to not only benefit from the AGS Group’s large network of 129 locations in 82 countries, but also its experience and processes. These include very high quality standards of service and the most prestigious accreditations.

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RT International

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RT INTERNATIONAL Co., Ltd is an international moving company based in Ho Chi Minh City, Vietnam. We specialize in household relocations, both international and domestic. As international moving specialists, we offer a high quality, expedient and affordable moving service to customers around the world.

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