Gov't should launch alternative to unviable $4.7 bln social housing credit package: expert

Gov't should launch alternative to unviable $4.7 bln social housing credit package: expert

The Vietnamese government ought to launch a comprehensive housing financial strategy as an alternative to the social housing-focused $120 trillion ($4.72 billion) credit package, which has been disbursed at a snail's pace, said Le Xuan Nghia, a member of the National Financial and Monetary Policy Advisory Council.

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

Vietnam should tax properties not used by owners to combat speculation: expert

Vietnam should tax properties not used by owners to combat speculation: expert

Major cities have become completely void of low-cost apartments, making it increasingly unattainable for migrant workers to settle; therefore, property tax policies should be adopted to dampen speculation, writes Nguyen Van Dinh, a real estate legal consultant and former Construction Ministry officer.

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

Vinhomes commences construction of Vietnam’s biggest social housing project

Vinhomes commences construction of Vietnam’s biggest social housing project

Real estate major Vinhomes on Thursday started construction on Vietnam's biggest ever social housing project in Khanh Hoa province.

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

Vietnam property market to grow from Q4/2024: experts

Vietnam property market to grow from Q4/2024: experts

The Vietnamese real estate market may recover from the second to the fourth quarter of 2024, prospering from Q4/2024 to Q1/2025 and then stabilizing from the first quarter of 2026, according to experts.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam central bank to further facilitate real estate credit access

Vietnam central bank to further facilitate real estate credit access

The State Bank of Vietnam (SBV) will continue to implement measures to increase credit access for the ailing real estate market, Governor Nguyen Thi Hong said at a conference Monday.

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

Hai Phong city to turn Vu Yen island into eco-urban area

Hai Phong city to turn Vu Yen island into eco-urban area

Hai Phong authorities have decided to turn the city's Vu Yen island into a high-end eco-urban area.

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

Vietnam developer to emulate Singapore social housing models

Vietnam developer to emulate Singapore social housing models

Vietnam's Kim Oanh Group is in a position to open a “new chapter” in real estate development, building around 40,000 social housing units in southern Vietnam by 2028, utilizing Singaporean standards and expertise.

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

Sustainable real estate development vital for market health

Sustainable real estate development vital for market health

Vietnam’s real estate market needs to focus on developing properties that create "real values" such as industrial and commercial real estate, affordable housing, and social housing, said Long Phan, founder and director at AFA Research & Education.

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

IFC okays new $100 mln funding for VIB’s housing portfolio

IFC okays new $100 mln funding for VIB’s housing portfolio

The World Bank’s investment arm IFC has approved a proposed investment of $100 million into VIB to further fuel the Vietnamese private bank’s housing portfolio, following a similar $150 million loan last year for the same purpose.

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

Vietnam PM asks developers for reasonable housing prices

Vietnam PM asks developers for reasonable housing prices

Prime Minister Pham Minh Chinh has required realty developers to adjust their product structures and offer more reasonable prices to the public, as well as to invest more in the development of social housing and houses for workers with prices suited to people's income.

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

Sales forecast positive for affordable, social housing in 2023

Sales forecast positive for affordable, social housing in 2023

Affordable and social housing is likely to see high demand in 2023 which would help ease the market stagnation, said realty experts and developers.

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

Workers’ housing key to FDI attraction: corporate heads

Workers’ housing key to FDI attraction: corporate heads

One of the factors that can unleash a new wave of foreign direct investment in Vietnam is meeting the demand for workers' housing, corporate leaders say.

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

Employers should be allowed to buy social houses: Sun Group

Employers should be allowed to buy social houses: Sun Group

Sun Group, Vietnam’s leading real estate developer, has proposed that organisations, including enterprises, can purchase social houses to lease or sell them to their low-income employees at preferential prices.

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