2025 marks the beginning of a new cycle for the housing market in Ho Chi Minh City, characterised by abundant supply and improved product quality, driven by increasing competition among real estate developers, said Executive Director of CBRE Vietnam Duong Thuy Dung.

As the tightening of lending and corporate bond issues is hitting the property sector, the market is doomed to grapple with severe financial hardships.

VOV.VN - US business magazine Forbes has recently published an article detailing real estate in Vietnam in which it starts out by stating: “Office rents rising in 2020? Positive GDP growth during a global health crisis? Seems unimaginable, unless you live in Vietnam.”

VOV.VN - The US is widely viewed as the main market which has contributed to the strong growth of local timber and wood product exports, with export turnover to the lucrative market in 2020 surging by 34.37% to US$7.166 billion, despite being heavily hit by the impact of the COVID-19 pandemic, according to the Timber and Forest Product Association.

VOV.VN - With the housing market in the United States enjoying strong growth, demand for wooden furniture is expected to rise considerably, opening up bright export prospects for the Vietnamese wood industry.