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Business » Real estate

Negligence blights Danang social housing project

Many social apartments in Danang City are being sold or rent at commercial prices and low-income people can hardly afford them.

Hoang Kim Land director accused of scamming customers

Police in HCM City have arrested 49-year-old Tran Thi Hong Hanh, director of Hoang Kim Land Real Estate Investment Consulting Company.

HCM City fails to find solutions to housing supply problem

1,400 apartments of a resettlement project in HCM City have remained idle despite the city’s serious housing shortage.

Concerns over housing shortage problem raised in HCM City

Experts discuss measures to ensure housing supply in HCM City as the area’s population has soared.

Rising house prices have prevented many people from buying their own houses in big cities like Hanoi and HCM City.

Islanders rush to sell houses as Ly Son real estate market blooms

Many people in Ly Son Island are trying to sell land and houses as real estate prices soar, affecting the island’s land management plan.

HoREA offers proposals to help real estate firms access long-term bank loans

The HCM Real Estate Association (HoREA) has suggested the State Bank of Việt Nam (SBV) extend the application of regulations on banks’ maximum ratio of short-term funds used for medium- and long-term loans until the end of 2020.

More Real estate

Binh Thuan to curb property speculation(04/17/2019)
Prime future lays ahead for luxury residential market(02/23/2019)
Market transparency key to stable real estate development(02/16/2019)
High-end apartment prices still lower than regional peers(02/07/2019)
Danang land speculation spikes after factory relocation(10/10/2018)
HCM City tackles property speculation(09/20/2018)
Online property platforms taking off(07/21/2018)

Finance

Vietnam, Italy seek broader trade and economic co-operation

Minister of Trade and Industry Dang Hoang An and Italian Undersecretary for Foreign Affairs Manlio di Stefano co-chaired the seventh meeting of the Joint Commission on Economic Cooperation, following a two-year hiatus caused by the COVID-19 pandemic.

Deputy Prime Minister Le Minh Khai has approved the sovereign credit rating improvement project by 2030, part of an effort to make Vietnam a developing and upper-middle-income country with modern industry.

The State Bank of Vietnam has urged lenders to not relax credit approval conditions but set tighter control on foreign currency lending and granting loans in high-risk sectors.

Despite the negative impact of the COVID-19 pandemic, the remittance flow to the country throughout 2021 reached more than US$12 billion, an increase of 10% compared to 2020, according to data published by the State Bank of Vietnam (SBV).