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HOREA proposes interest subsidy incentive for homebuyers

Dat Thanh -
HCMC – Prices of many commercial housing units have plunged 50% to around VND2 billion each. However, they remain unsalable due to buyers’ hesitation...
News

Experts warn of real estate risk in 2023

Nhu Phu -
HCMC – Experts of the Central Institute for Economic Management (CIEM) have forecast that the gloomy global economic picture will continue to affect the...
News

Real estate transfer tax revenue double in 2022

Dat Thanh -
HCMC – Vietnam has seen a surge in revenue from real estate transfer taxes this year even though the market has almost ground to...
News

PM seeks to rescue gloomy real estate sector

Dat Thanh -
HCMC – Prime Minister Pham Minh Chinh yesterday, December 14, wrote to ministries and localities, ordering them to step up efforts to eliminate hurdles...
In the news

Facilitating capital flows

Hong Ngan -
Vietnam’s stock and property markets are struggling with volatile capital flows. If the situation is not properly tackled, dire consequences would be unavoidable. Coping...
News

High lending rates dampen housing market

Dat Thanh -
HCMC – Increasing interest rates are forcing homebuyers to make difficult decisions, including selling their homes to pay off their mortgages. Interest rates on consumer...
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Vicem Hoang Thach Cement chairman detained

Kim Ngan -
 HCMC – The police in the northern province of Hai Duong recently detained Le Thanh Long, chairman of Vicem Hoang Thach Cement Company Limited.
News

Obstacles plaguing property development expected to be removed

Hong Ngan -
HCMC – Prime Minister Pham Minh Chinh has formed a working group that will adopt measures to remove difficulties plaguing property projects in HCMC,...
In the news

Is it time for REITs?

Nhu Phu -
Real Estate Investment Trusts (REIT) were established in Vietnam’s assets legal system in 2012. However, questions remain behind their unpopularity among investors in the...
News

Central bank says real estate loans restricted to ensure safety for banks

Chuong Pham -
HCMC – Vietnam’s central bank governor has said real estate loans are being restricted to protect commercial banks and control inflation. Speaking at a Q&A...
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