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

Vietnam property market expected to bounce back in Q3

Vietnam property market expected to bounce back in Q3

Vietnam's ailing real estate market is undergoing a healing process and is expected to start recovering in the third quarter thanks to the government's aid in legal issues.

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

Gov’t permits credit extension for feasible real estate projects

Gov’t permits credit extension for feasible real estate projects

Projects deemed feasible in the real estate sector will be allowed to extend their credit under a draft government resolution aimed at boosting the market.

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

Gov't to tackle real estate woes, not assist single firms: Vietnam PM

Gov't to tackle real estate woes, not assist single firms: Vietnam PM

The government, regulators, and businesses must join hands to solve woes in the ailing real estate market, not helping any single enterprise, Prime Minister Pham Minh Chinh concluded at a conference held Friday.

Economy - 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

Vietnam PM urges solutions to solve realty market woes

Vietnam PM urges solutions to solve realty market woes

Prime Minister Pham Minh Chinh on Thursday asked the government, state agencies, and localities to continue solving problems in the real estate market in order to support national socio-economic development.

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

Rocky year for Vietnam realty market

Rocky year for Vietnam realty market

Vietnam’s real estate market experienced fluctuations and woes in 2022, and many companies in the industry were forced to restructure by cutting costs and staff.

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

Vietnamese firms turn to expensive offshore loans amid credit crunch

Vietnamese firms turn to expensive offshore loans amid credit crunch

With banks offering limited credit and bond issuance a tough proposition, several Vietnamese companies are trying to access foreign loans that have higher interest rates than domestic ones.

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