Experts warn about participation of real estate companies in banks

Experts warn about participation of real estate companies in banks

Experts have raised concerns about the involvement of real estate companies in commercial banks, warning it may pose risks to the financial system and the whole economy.
Real estate sellers to push social media and e-commerce marketing amid crackdown on spam

Real estate sellers to push social media and e-commerce marketing amid crackdown on spam

Real estate companies have said that they will push marketing channels on social media and e-commerce floors instead of calling or sending text messages as a Government decree to tackle spam comes into effect next month.
Real estate companies lose trillions of VND due to COVID-19

Real estate companies lose trillions of VND due to COVID-19

The novel coronavirus SARS-CoV-2-caused acute respiratory disease (COVID -19) pandemic has cost many real estate firms trillions of VND from their market capitalisation value.
HCM City to combat laundering in real estate

HCM City to combat laundering in real estate

The HCM City Department of Construction (DoC) has asked real estate companies, brokers and trading floors in the city to strengthen preventive measures against money laundering and terrorist financing.
Ninh Van Bay Travel’s losses keep mounting

Ninh Van Bay Travel’s losses keep mounting

The accumulated losses of Ninh Van Bay Travel Real Estate JSC increased to VND480 billion ($21.1 million).
Real estate firms urged to list

Real estate firms urged to list

The HCM City Real Estate Association (HoREA) has recommended real estate companies transform themselves into publicly listed joint-stock businesses so they are able to seek greater funding to improve business performances in 2018.
Property credit valve is shut off

Property credit valve is shut off

Unfortunately, Vietnam will be considered a risk to the majority of foreign banks and therefore they will have strict lending criteria, requiring the developer to demonstrate they have a strong track record and the financial muscle.”- Stephen Wyatt Country director of Knight Frank
Firms need to get back to core tasks

Firms need to get back to core tasks

Vietnamese enterprises that invested in non-core business areas are being burnt by the blow torch of failure.