Social housing needed to boost capital in real estate

Social housing needed to boost capital in real estate

Affordable housing is key to mobilising capital, according to industry insiders.
Cash burden alleviation now called for

Cash burden alleviation now called for

The domestic real estate market is starting to recover, but it would benefit from more governmental assistance, such as softer bank loans and credit.
Central bank not tighten real estate credit: Deputy Governor

Central bank not tighten real estate credit: Deputy Governor

The State Bank of Vietnam (SBV) has never issued any documents or statements ordering credit for real estate be tightened, Deputy Governor Dao Minh Tu said on February 8.
Banks anticipate real estate credit rally

Banks anticipate real estate credit rally

As the Vietnamese authorities continue to tighten controls on potentially hazardous industries, financial institutions are beginning to place more restrictions on real estate-backed loans.
Tight control over real estate credit to mitigate risks

Tight control over real estate credit to mitigate risks

The State Bank of Vietnam (SBV)’s decision to tighten control over real estate credit has helped to restrict speculation while making the market transparent and preventing a real state bubble, economic experts have said.
Moves to resuscitate flatlining property sector

Moves to resuscitate flatlining property sector

The government has given the go ahead for competent bodies to look for ways to get credit flowing back into real estate.