Various residential apartment buildings and shopping centre projects are being planned and carried out in Long An thanks to infrastructure projects in and around the province.

Workers at industrial zones will be able to own a 45-square-metre apartment at the price of VND270m (USD11,800), according to a non-profit project by the Vietnam Confederation of Labour.

Property prices in Vietnam are around 25 higher than average incomes because of high land prices and land taxes.

Land prices in the eastern area of Hanoi have sharply increased following the news of four planned bridges.

Prime Minister Nguyen Xuan Phuc has ordered to increase the maximum years that foreigners are allowed to own a property in Vietnam from 50 to 99 years.

Middlemen and real estate brokers are making false offers for houses and lands around Long Thanh Airport project, Dong Nai Province, to trick buyers.

Several experts have warned about a possible real estate bubble burst after claims that investors are deliberately holding onto land plots to boost prices in HCM City.