APARTMENT PROPOSAL DRAWS MIXED REACTIONS
[01-02-2016] The construction ministry is drafting a circular about the classification of apartment buildings, which is drawing mixed opinions from both experts and developers. According to the draft circular, apartment buildings that were put into use from the beginning of July 2015 would be classified into A, B and C.
HOUSING PROJECTS TURN ATTRACTIVE TO FOREIGN BUYERS
[22-01-2016] Around 1,000 foreigners have registered to buy homes in HCMC, especially luxury ones, six months after the 2014 Housing Law went into force, according to the HCMC Real Estate Association (HoREA).
IPS TO SEE MORE FOREIGN FUNDING
[20-01-2016] Foreign investment in HCM City's industrial parks and export processing zones is expected to rise this year as Viet Nam is scheduled to sign the Trans-Pacific Partnership (TTP) on February 4, according to the HCM City Industrial Parks and Export Processing Zones Authority (HEPZA).
APARTMENT MARKET IN TWO MAJOR CITIES RISING
[18-01-2016] Viet Nam's real estate market is expected to continue recovery this year after gaining good business results last year, with the market reaping benefits from favourable macro conditions, experts said.
CENTRAL BANK TO CONTROL PROPERTY LOANS
[19-01-2016] The central bank will control property loans to limit risks this year, an official told a meeting in HCM City late last week. State Bank of Viet Nam deputy governor Nguyen Phuoc Thanh said that although credits grew positively with the majority of loans poured into production and business activities last year, many banks pumped too much capital into the real estate market.
THRIVING REAL ESTATE MARKET
[16-01-2016] The stock price has gone down sharply, beyond all expectations, and gold has experienced a disappointing year while the housing price is going up, with more active trading activities. Foreign and domestic investors are racing to invest in new projects. Wealthy people are considering buying land or partments to profit.
AMATA TO BUILD TWO MORE INDUSTRIAL-URBAN COMPLEXES IN VIETNAM
[22-12-2015] Thailand’s Amata Corporation Public Company Limited has said it will develop two more industrial-urban complexes in Vietnam worth billions of U.S. dollars on the back of the successful Amata Industrial Park in Bien Hoa City, Dong Nai Province.
TECHCOM CAPITAL LAUNCHES VIETNAM'S FIRST REAL ESTATE INVESTMENT TRUST
[17-12-2015] Techcom Capital (TCC) today announced the launch of Techcom Vietnam Real Estate Investment Trust (TCREIT) to the public. TCREIT is the first public REIT to be launched in Vietnam, with the initial charter capital of VND50 billion ($2.35 million). At least five million fund certificates at VND10,000 each will be offered.
