REAL ESTATE MARKET MUST BE DIGITALISED
Nguyễn Mạnh Hà, Deputy President of the Việt Nam Real Estate Association, said the digital transformation in the real estate market of Việt Nam was taking place slowly because not all market participants were fully aware of the importance of technology.
REAL ESTATE HOLDS 2ND SPOT IN FDI
Although the domestic real estate market has faced certain difficulties in recent years, foreign investors have continuously poured capital into the field. In the first 10 months of 2022, foreign investors poured $3.87 billion into the real estate sector, bringing it to second position in total foreign direct investment (FDI) in Vietnam.
BUDGET HOUSING STILL IN SHORT SUPPLY
The real estate market remained unstable in January-September this year, with social housing and low-cost commercial apartments still in short supply, according to the Ministry of Construction.
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.
REAL ESTATE TRANSACTIONS SHOULD BE PERFORMED ON TRADING FLOORS: MOC
The Ministry of Construction (MoC) has proposed that real estate projects must sell their products on real estate trading floors, according to the draft amending the Law on Real Estate Business. The ministry has also suggested that individuals engaged in brokerage activities must have a practising certificate.
REAL ESTATE MARKET WOULD BE BETTER IF CREDIT GROWTH TARGETS RISE: EXPERTS
"This is a positive move to inject money into the domestic economy in the post-COVID-19 period, thereby energising the sectors, including services, production, business and real estate," said Su Ngoc Khuong, senior director of investment, Savills Vietnam.
MEKONG DELTA PROVINCE'S INDUSTRIAL PARKS PROVE IRRESISTIBLE TO INVESTORS
Industrial parks and clusters in the Mekong Delta province of Tien Giang attracted more than 834 billion VND (35.4 million USD) in the first eight months of this year, according to the province People’s Committee.
DANANG SEEKS INVESTMENT FOR HOA CAM INDUSTRIAL ZONE
The investment proposal for this project has got approval from the Government in March. Hoa Cam Industrial Zone will cover 120 hectares in Hoa Tho Tay Ward of Cam Le District and Hoa Nhon Commune of Hoa Vang District, Danang City.
