Government sets up task force to remove challenges for real estate sector

Government sets up task force to remove challenges for real estate sector

Prime Minister Pham Minh Chinh has ordered a task force formed to analyse and help remove the challenges faced by the real estate sector.
Necessary steps for legal clarification of condotels

Necessary steps for legal clarification of condotels

There continues to be controversy concerning the need for adding a legal framework for condotels into the recent draft of the Law on Land in Vietnam, which is currently under consultation.
Cosmo City a bright spot in tough Ho Chi Minh City real estate market

Cosmo City a bright spot in tough Ho Chi Minh City real estate market

The last quarter of 2022 will be fraught with hardships, including negative headwinds facing the economy and the financial markets are no exception, but there are some positives.
New methods for small property investors

New methods for small property investors

Although a new model in Vietnam, buying split real estate is considered an effective investment channel for those with little capital, especially in the current market with limited cash flow.
The effects to land and market price through bracket removal

The effects to land and market price through bracket removal

A revision to the Law on Land is being worked on in Vietnam. Assoc Prof. Dr. Nguyen Dinh Tho, general director of the Institute of Strategy and Policy on Natural Resources and Environment, shared with VIR’s Thai An about the potential effects of the removal of the land price bracket on social security policies, and the need to own land for both individuals and businesses.
FDI poured into real estate sector doubles

FDI poured into real estate sector doubles

Real estate sector attracted 3.5 billion USD in foreign direct investment (FDI) the first nine months of this year, accounting for mearly 19 percent of total FDI that the country lured in the period, coming second among sectors in terms of FDI attraction.
Advantages of amending Law on Land

Advantages of amending Law on Land

Land is the most valuable asset of each person, business, and country, and thus a major goal is to unleash the potential of land use. Le Net and Tran Thai Binh, lawyers at LNT & Partners, propose amendments to the current legislation regarding the land.
Propzy predicament signals warning to property startups

Propzy predicament signals warning to property startups

Once considered a rising star in the field of real estate technology, Propzy announced its closure last week.
Grasping macro context to identify market gains

Grasping macro context to identify market gains

A group of industry experts scrutinised the key issues that drive real estate transaction success and how to identify potential in the property market at a VIR talk show last week.
Loosened credit may not be enough for real estate capital

Loosened credit may not be enough for real estate capital

While the State Bank of Vietnam (SBV) has expanded credit limits for several banks, the stricter control of credit in areas like real estate may impact project liquidity in the sector.
Real estate market would be better if credit growth targets rise: experts

Real estate market would be better if credit growth targets rise: experts

The State Bank of Vietnam's decision to raise credit growth targets for banks is expected to create favourable conditions for businesses to lend capital, including real estate firms, according to experts.
Investors keen on Vietnamese proptech platforms

Investors keen on Vietnamese proptech platforms

Local and foreign investors are eyeing the potential of Vietnam’s proptech platforms
SBV adjusts credit growth targets for banks

SBV adjusts credit growth targets for banks

The State Bank of Vietnam (SBV) has announced adjustments to credit growth targets for banks in 2022.
Due date real estate bonds heap pressure on developers

Due date real estate bonds heap pressure on developers

Although real estate experts are worrying about a debt of VND 360 trillion ($15.6 billion) in bonds that will be due date in the 2022-2024 period, some businesses have returned to issuing bonds for potential investments in their next periods.
Ensuring land prices on market principles

Ensuring land prices on market principles

The removal of the land price framework is seen as a step forward to help determine land prices close to the market and facilitate the work of compensation for site clearance and limit land speculation.
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