Half of consumer loans in Vietnam are mortgages or related to house repairs, which raises fears about banks’ liquidity.
Nguyen Thi Hong, deputy governor of the State Bank of Vietnam, said as of May end bank credit had grown at 6.58 per cent in the year-to-date, an eight-year high.
The increasing interest rates on house buying and housing repair loans at commercial banks raise worries about the liquidity of the Vietnamese economy.
The Vietnamese real estate market continues to attract capital from regional foreign investors, mostly through mergers and acquisitions.
The country's resort sector is looking like an attractive proposition as tourist numbers continue to climb.
Vietnam Property Awards, though only three years old, has already proven itself as one of the most recognised and credible industry awards in the country, with the participation of the biggest names in real estate.
Real estate sales in May rose slightly month-on-month and compared to the first quarter this year, according to the Ministry of Construction’s Management Agency for Housing and Real Estate Market.
VOV.VN - The eight edition of an annual real estate exhibition got underway today (June 2) with dozens of displays highlighting some of the best properties available in Southeast Asia, reported the Vietnam News Agency.
In the first months of 2017, the number of real estate transactions at the Notary Public Office No 1 in HCMC increased by 17-27% compared with the same period last year.
VOV.VN - Around 40 Hong Kong infrastructure investors and experts have made a fact-finding tour of Ho Chi Minh City.
The real estate market is busy with mergers and acquisitions (M&A), which are forecast to touch a record high this year, driven by the sector’s steady recovery.
VOV.VN - The Vietnam Association of Realtors expects to draw record crowds this coming June 2-4 for its eighth annual real estate expo.
Though hometel properties are new in Vietnam, the segment is well known as a profitable business model as investors can make high profits when reselling or leasing.
TruMan Holdings will focus on its main business areas, namely textile, seafood, and real estate, in the 2017-2022 period, aiming to seize top market share in each product segment.
The supply of high-end apartments has been increasing rapidly in Hanoi and HCM City, but sales have not been brisk.
Recently, the real estate market in southern Vietnam witnessed a new wave of M&A. Especially enterprises with an advantage in financial capacity are constantly expanding their scales.
The number of mergers and acquisitions in Vietnam’s real estate market has increased considerably in the first four months of this year, and the figure is expected to see continued growth throughout 2017.
VOV.VN - An international construction and building materials expo, which runs May 17-21, has thrown its doors wide open at the national exhibition construction centre in Hanoi, reports the Vietnam News Agency.
The construction ministry has approved a developer’s request to build 25-square-meter apartments.
The Ministry of Construction (MoC) has allowed the Dat Lanh Real Estate Company to temporarily apply the minimum areas of 25 sq.m for its commercial apartments. However, the apartments should still ensure enough functional space for living.