5 billion credit package authorised for the real estate sector

$5 billion credit package authorised for the real estate sector

A new government resolution has tasked the State Bank of Vietnam (SBV) with overseeing the execution of a $5 billion lending scheme and coordinating with commercial banks to ease the burdens in the property sector and promote development.
real estate market wont recover until late 2024 experts

Real estate market won’t recover until late 2024: Experts

Despite the Government’s efforts to remove challenges facing the real estate market, it won’t prosper until the end of next year, experts have warned.
vinacapital and ryobi in real estate investment deal

VinaCapital and Ryobi in real estate investment deal

VinaCapital announced yesterday that it has signed an MoU with Ryobi Group to work together on suitable real estate projects, venture capital, infrastructure, energy, and other investment opportunities in listed and private equity in Vietnam.
social housing market glacier melting

Social housing market glacier melting

As a number of new laws and social housing loan packages are implemented towards the end of the second quarter, the real estate market in Vietnam is hoping for a rebound.
more than rhetoric needed for dilemmas in social housing

More than rhetoric needed for dilemmas in social housing

The majority of developers are finding it extremely difficult to generate a profit under current social housing laws. VIR’s Quynh Trang found out more on this issue with Troy Griffiths - Deputy managing director of Savills Vietnam.
bond pressure retained in real estate

Bond pressure retained in real estate

If a draft decree amendment on bonds is soon passed, real estate businesses will likely be given a helping hand in the form of time to restructure their cash flows.
just the beginning for real estate sector restructuring

Just the beginning for real estate sector restructuring

More than $52 billion is due to banks and bondholders from real estate groups in the Vietnamese market. VIR’s Bich Ngoc spoke with Xavier Jean, senior director of Corporate Ratings at S&P Global Ratings, on the possible path the government and enterprises can take.
ambitious action plan needed to lure international tourists

Ambitious action plan needed to lure international tourists

Vietnam already has an ambitious tourism development strategy in place, but the country needs a concrete action plan to attract more international tourists. Doan Van Binh, vice president of the Vietnam Real Estate Association, told VIR about solutions to boost international tourist arrivals.
fies frustrated with new abode rules

FIEs frustrated with new abode rules

Many foreign-invested enterprises are continuing to struggle with arranging accommodation for expat workers due to a decree released last year on prescribing the management of industrial and economic zones.
ma activity likely ahead within real estate sector

M&A activity likely ahead within real estate sector

With lower cash flow, bonds tightened, and interest rates hiked, mergers and acquisitions are being considered an effective solution to help real estate businesses in difficulty.
vietnamese real estate remain attractive to foreign investors

Vietnamese real estate remain attractive to foreign investors

The Vietnamese real estate market has remained attractive to foreign investors and investment funds despite difficulties countering domestic firms, according to insiders.
affordable home buyers to get loans with lower rates

Affordable home buyers to get loans with lower rates

Affordable home buyers can access preferential loans at rates 1.5-2 percentage points lower than the market average as part of a credit package worth around 120 trillion VND (5.02 billion USD).
arcadia consulting success launched in vietnam

Arcadia Consulting Success launched in Vietnam

Arcadia Consulting Group announced its partnership with PropCoach International Inc. on March 2 to reiterate its commitment to helping Vietnam's real estate agents and developers by providing appropriate skill development opportunities through immersive, personalised learning experiences.
around 370 million in fdi inflows flood the real estate sector

Around $370 million in FDI inflows flood the real estate sector

Foreign capital is pouring swiftly into the real estate market despite the depressing internal environment.
ovs in czech republic contribute ideas to draft revised land law

OVs in Czech Republic contribute ideas to draft revised Land Law

Overseas Vietnamese in the Czech Republic actively contributed their ideas to the draft Land Law (revised) at a conference held on March 2 in both online and in-person formats.