The Ministry of Construction acknowledged that there is a mismatch between supply and demand because real estate businesses are most interested in investing in commercial housing projects at market prices. Voters of Ho Chi Minh City have just proposed that the Government soon issue a Resolution on the “Project for developing low-cost commercial housing” with…
According to businesses, the current 2013 Land Law reveals many overlapping and inconsistent contents with the laws that make it difficult for them to develop real estate projects. The Government Office has just announced the conclusion of Prime Minister Pham Minh Chinh at a recent conference on the performance of assigned tasks of the Ministry…
Real estate in Vietnam is one of the fields that many foreign investors are interested in. However, this activity is being restricted by many current laws. There are two business activities that foreign investors are not allowed to do while domestic investors are still able to do so. First, foreign investors are not allowed to…
In just a short time, land prices have skyrocketed on a large scale. This raises concerns over a new real estate bubble cycle. According to Mr. Mai Duc Toan, Director of CNT Group’s business and investment division, land fever still occurs frequently, but most of them are only minor bursts in localities. There have only…
At the seminar on the topic “Prospects of the real estate market in 2021”, Associate Professor Tran Kim Chung, Deputy Director of the Central Institute for Economic Management, emphasized that the year 2021 will mark the development of Urban real estate in urban areas, in which, real estate living space is still the number one…
The Prime Minister has just issued a Decision approving the investment policy of the Dai An urban area project invested by Vinhomes Joint Stock Company, covering an area of nearly 294 hectares. The urban area is located in Tan Quang commune, Nhu Quynh town, Van Lam district, and Nghia Tru commune, Van Giang district. The…
After a period of “inactive” due to legal problems and a huge decrease in demand, many resort real estate projects in the South are urging to change and find new development orientations. The negative effects of “inactive” projects The resort real estate market started to grow and develop rapidly since 2015 with a series of…
Resort real estate is still considered a potential business segment for investors looking for long-term goals. The bright future of the resort real estate market In 2020, thanks to the good control of the epidemics, many coastal destinations in the country have seen signs of recovery from the middle of the year with increasing numbers…
The supply of serviced apartments in Hanoi has surpassed the 5,000-unit mark, but the rental prospect is still limited, expecting a lot of FDI inflows and foreign experts to Vietnam. If the serviced apartment supplies sluggish in the last 4 years, from 4,000 units in 2016 to about 4,700 – 4,800 units in the years…
Compared with the first outbreak in 2020, investors and real estate businesses will not be affected much by the new outbreak. Many businesses are ready with their basket of goods and business strategies in 2021. Real estate businesses confidently face difficulties Experiencing an eventful 2020 year, although many businesses have to narrow their scale and…