Vietnamese, Japanese firms shake hands in affordable housing project in Long An
The Vietnamese real estate developer Nam Long Group has partnered with Japan's Nishi Nippon Railroad Co. Ltd in the EHome Southgate housing project in the Mekong Delta province of Long An.
The EHome Southgate project in the Southgate subdivision of Waterpoint is opposite the shopping service complex and the Bus Interchange transport center in the new urban area. (Photo: Nam Long)
HCM City (VNA) – The Vietnamese real estate developer Nam Long Group has partnered with Japan's NishiNippon Railroad Co. Ltd in the EHome Southgate housing project in the Mekong Deltaprovince of Long An.
In its announcementon July 29, Nam Long Group said that this is the first time the Japanese firmhas teamed up with the company in developing an affordable housing project withthe price of an apartment at about 1 billion VND (43,565 USD).
Tran Xuan Ngoc, General Director of the Nam Long Group, said thatalthough the EHome products do not bring Nam Long as much profit as thosebelonging to other segments. The firm is delighted to share with Nishi NipponRailroad a common mission and vision in creating the valuable living environment and products for the community.
Meanwhile, Fukumori, chief representative of Nishi NipponRailroad, said that Nam Long and Nishi Nippon Railroad have jointly developedsix projects from small to large scales.
EHome is a highly appreciated affordable apartment productline of Nam Long. This product line has an average price of about 1 billion VND with three core values: Economy (affordable), Ecology (green livingenvironment), Efficiency (effective design).
Nam Long introduced the product line for the first time in2007. Since then, EHome has realized the dream of having a house for 5,000households with income of 10-15 million VND per month.
The EHome Southgate, which covers 4.5 hectares of land inthe area, was designed to have seven apartment blocks, equivalent to more than1,400 apartments. The project is expected to have a synchronous utilityinfrastructure system and easily connect to the infrastructure of the competed WaterpointRiver area.
Online sales of the project will start in the thirdquarter this year./.
The supply of affordable housing for low-income earners in urban areas and industrial park workers has only met around 42 percent of the target, Bui Xuan Dung, Director of the Ministry of Construction’s Housing and Real Estate Market Management Agency, told a recent workshop.
The country’s apartment inventory was estimated at some 3,300 units by the end of the first quarter of the year, falling 5,700 units compared to the same period last year, according to the Ministry of Construction (MoC).
The supply of affordable and social housing in Ho Chi Minh City continued to be far below the demand due to a shortage in the segment in the first sixth months of this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
The EHome Southgate project in the Southgate subdivision of Waterpoint is opposite the shopping service complex and the Bus Interchange transport center in the new urban area. (Photo: Nam Long) 
