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Questions about Hanoi

How many districts in Hanoi?

Hanoi has 12 urban districts and 17 rural districts. 12 urban districts are: Hoan Kiem, Ba Dinh, Dong Da, Hai Ba Trung, Thanh Xuan, Hoang Mai, Tay Ho, Bac Tu Liem, Nam Tu Liem, Cau Giay, Long Bien and Ha Dong. 17 rural district are: Dan Phuong, Gia Lam, Dong Anh, Chuong My, Hoai Duc, Ba Vi, My Duc, Phuc Tho, Me Linh, Soc Son, Thach That, Quoc Oai, Thanh Tri, Thuong Tin, Thanh Oai, Phu Xuyen and Ung Hoa. Dong Anh will become the urban district in the coming year.

What are Central Business Districts (CBDs) of Hanoi?

Hanoi has 4 central business districts: Hoan Kiem, Ba Dinh, Hai Ba Trung and Dong Da. Hoan Kiem is the most developed district where almost headquarters of big guns are located.

Where in Hanoi are foreigners living the most?

This is a simple question. For a long time, Tay Ho has become a home for a large number of international residents. Quang An peninsula and Ciputra urban area are the two most favorite places. You can find many international restaurants, shopping malls, cinemas and parks over there. And most locals can speak English.

Spoken languages in Vietnam?

Mainly Vietnamese. However, young people can communicate in English well.

Is it safe in Vietnam?

Yes. Although Vietnam is widely known in the world by the War, we now proudly have a peaceful country. Not only that, Vietnam is a bridge of peace for many countries in the world. It is the venue of the century negotiations between US President Donald Trump and North Korean President Kim Jong Un.

When will Vietnam resume international airlines after Covid-19?

The end of July 2020.

Cost living in Vietnam?

500$.

  • Rent + bills: 300$
  • Transportation: 50$
  • Grocery: 50$
  • Leisure: 100$

Real Estate Questions

How is the housing rental fee in Hanoi?

Basically, rental fee in Hanoi are quite low. From only $ 500 / month, customers can find neat and modern 1-bedroom apartments. For between $ 1,000 and $ 1,200, we can even find lake view apartments with housekeeping service. However, due to increasing demand for rents, the rental fee and service quality are on the rise.

How is the real estate price in Vietnam?

In recent years, real estate prices in Vietnam are increasing continuously but still at relatively low prices compared to many countries in Southeast Asia. Vietnam is one of the two countries with the highest GDP growth rates in the region. This led to the development of real estate and real estate investment.

Where should we make the real estate investment in Vietnam?

Hanoi and Ho Chi Minh. These are the two cities with the most developed economies. The real estate market in these cities is also very active with the participation of many foreign investors. Being the capital, Hanoi gains many advantages in all aspects and the urbanization process in this city still lasts for many more years.

Where should we buy properties in Hanoi?

If you have a high budget, properties in CBDs are very suitable. For medium budget, you might want to learn about projects in Tay Ho, Ciputra, Bac Tu Liem, Cau Giay. For low budget, there are many projects in Ha Dong around Hanoi metro railways. You can buy apartments ranging from 50,000 USD.

Required papers to buy properties in Vietnam?

Passport & visa. That’s all, easy peasy!

Procedures for buying apartments in Vietnam?

Standard procedures:

  1. Paying deposit (downpayment) to Agency (normally 50M VND or 100M VND)
  2. Sign the contract in 10 days
  3. Pay money to The Developer
  4. Receive property handover notice
  5. Receive Pink Book after 6 months or 12 months.

Procedures for renting properties in Vietnam?

Standard procedures:

  1. Visit the property
  2. Pay the deposit (generally 1 month rent)
  3. Sign the lease contract
  4. Pay the rent (the general payment term is paying every 3 months)
  5. Move to the new home. Sign & check the inventory list.

Agents should follow tenants through the lease and support tenants for justifiable issues.

Are rentals in Vietnam pet-friendly?

It depends. Generally pets are allowed in private houses & villas. They are not allowed in apartments. However, some small pets are sometimes accepted.

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