News
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930The latest data on Vietnam's real estate market has given experts reasons to be optimistic about its development prospects in 2024. In particular, their attention has been drawn to the indicators of the industrial segment of the market in September 2023. The industrial real estate market has entered a phase of active recovery, which is driven by...
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993In 2020, Vietnam's real estate market began a challenging period of decline. The global pandemic was the obvious initial problem, which did not loosen its grip on the world until the end of 2021. However, the long-awaited recovery did not materialize as another issue emerged - a broad campaign against corruption and tax evasion, which had...
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Vietnam's parliament plans to legislate real estate payments exclusively through the country's banks789Members of Vietnam's parliament have proposed a bill that would require real estate companies and buyers to conduct all financial transactions when purchasing new properties exclusively through approved domestic banks. This is expected to be one of the main tools in the government's long-running battle against corruption and tax evasion in the...
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983Vietnam’s economy is booming, according to statistics for Q3 2023. Gross Domestic Product (GDP) growth for the third quarter of this year increased by 5.3%. The development of the economy is beneficial to all areas of life and entails an increase in demand for property in all segments, from flats and houses to offices and retail facilities...
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531In an interview for the Vietnamese Investor newspaper, Professor Hoang Van Cuong, Vice-Chancellor of the National Economic University, said new offers, especially low-cost housing, must be added for the property market to recover. This will help increase liquidity and transaction volume. This will help businesses generate income to pay off debts,...
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594According to the Vietnam Association of Realtors (VARS), the property market has seen a lot of activity in Q3 2023, with the number of transactions increasing from quarter to quarter. Professor Dr. Hoang Van Cuong, Vice-Chancellor of the National University of Economics, said the property market has changed this year. The market is slowly but...
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501The third quarter has been decidedly positive for the industrial property sector in southern Vietnam. A multitude of ready-to-use manufacturing spaces, factories, and warehouses entered the market. This past quarter also marked an end to years of muted new construction activities, with the Long An province leading the trend. A notable highlight was...
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478Following the Vietnamese government's restrictions on the national economy to combat global risks, as well as a series of anti-corruption decisions, many of the country's developers have been hit. Investor confidence has been shaken, and the largest companies in the construction sector have seen a significant drop in value amid news of new...
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2938According to Can Van Luc, a member of the National Monetary and Financial Policy Advisory Council, the credit situation in Vietnam is almost out of control. The State Bank is barely keeping a lid on credit growth, causing high rates to dampen demand for real estate. In H1 of the year, new credit growth amounted to 3.17%, while last year this figure...
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641The analytical company VNDirect Securities conducted a study of the dynamics of Vietnam’s real estate market over the past 28 years. Based on the analysed data, it was concluded that the sector follows a cyclical pattern. Every 7 years, the country’s real estate market experiences a surge and subsequent pullback. In the period 1994–1996, there was...
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