Developers make proposals to revitalize depressed realty market

Developers make proposals to revitalize depressed realty market

Real estate developers on Thursday voiced their ideas about how to improve Vietnam’s ailing property market in a dialogue with Prime Minister Pham Minh Chinh.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Condotel supplies absent in southern Vietnam for 4 straight months

Condotel supplies absent in southern Vietnam for 4 straight months

Vietnam’s north and central region saw new condotel supplies in April but the south has seen none for four consecutive months, according to Vietnamese property services and consulting firm DKRA.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Legal rules needed for grey areas to help unbanked, underbanked residents: experts

Legal rules needed for grey areas to help unbanked, underbanked residents: experts

Vietnam needs to build up a proper legal framework to help the consumer finance market develop in a healthy manner and better support the unbanked and underbanked in the country, a Tuesday workshop heard.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Planning minister urges HCMC officials to get proactive on growth

Planning minister urges HCMC officials to get proactive on growth

Authorities in Ho Chi Minh City, where economic growth was only 0.7% in this year’s first quarter, need to proactively spur the southern economic hub’s development rather than relying on Ministry of Planning and Investment (MPI) guidance, said Minister Nguyen Chi Dung.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Local officials need to help solve legal problems for real estate market: ministry leader

Local officials need to help solve legal problems for real estate market: ministry leader

Legal problems are a major obstacle facing Vietnam’s long-ailing property market but provincial authorities have failed to assist the government to remove bottlenecks, a senior Ministry of Construction official said.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ownership certificates to be issued for condotel, officetel projects

Ownership certificates to be issued for condotel, officetel projects

Vietnam is set to issue ownership certificates to buyers of condotel and officetel apartments, tourist villas, and shophouses if they are built on commercial land.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Novaland asks for government support to help realty market recover

Novaland asks for government support to help realty market recover

Leading Vietnamese property developer Novaland on Friday asked the government for a supportive mechanism to help the ailing real estate sector deal with current market woes, including a credit crunch and legal procedures.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Real estate companies face high bankruptcy risks: top developer Vinhomes

Real estate companies face high bankruptcy risks: top developer Vinhomes

Vietnam’s government should take prompt action in removing obstacles in legal procedures and credit access in the property sector to help the ailing industry recover as realty enterprises face high risks of bankruptcy, Vinhomes chairman Pham Thieu Hoa said Friday.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s top 100 lawyers on Asia Business Law Journal

Vietnam’s top 100 lawyers on Asia Business Law Journal

Asia Business Law Journal, a magazine focusing on the legal and regulatory environment in key Asian jurisdictions, has released its "A-List" of the 100 best practicing lawyers in Vietnam.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Public issuance, private placements to uplift corporate bond market

Public issuance, private placements to uplift corporate bond market

The Ministry of Finance is drafting amendments to the government's Decree 65, which took effect on September 16, 2022 to regulate corporate bond private placements in Vietnam and overseas issuances. Minister of Finance Ho Duc Phoc told The Investor about upcoming changes.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC to build first logistics center in 2023

HCMC to build first logistics center in 2023

Ho Chi Minh City, Vietnam’s southern economic hub, will construct its first logistics center among the planned seven next year, the city's department of industry and trade director Bui Ta Hoang Vu said Thursday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam speeds up legal work to boost eco industrial park development

Vietnam speeds up legal work to boost eco industrial park development

Vietnamese policymakers are seeking to improve the country’s legal framework to bolster the development of eco industrial parks, a global trend.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Legally incomplete housing projects to witness few loans

Legally incomplete housing projects to witness few loans

Vietnam’s central bank is mulling over a ban against home loans provided by commercial banks as deposits for people seeking to invest in legally incomplete residential projects.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7