Many real estate businesses have returned to the bond channel to raise capital after an absence in April, mobilising thousands of billions of Vietnamese dong.
Prime Minister Pham Minh Chinh underlined the need to pay special attention to removing "bottlenecks" on the real estate market while chairing an online conference on July 14 on measures to ensure safe, healthy and sustainable development of the property market.
Foreign direct investment (FDI) in Vietnam continuously increased in the first half of this year, especially in the real estate sector that attracted US$3.15 billion, making up 22.5% of the total registered capital.
A worker shortage in the hospitality sector spurred by the COVID-19 pandemic has led to the rush for hiring.
Vietnam jumped four places to rank 56th globally, according to the Global Real Estate Transparency Index by JLL and LaSalle Investment Management, amid improving building standards across Asia.
Indochina Kajima Development Company, a joint venture from Indochina Capital and Kajima Corporation, has recently launched Core5 Vietnam (www.c5ip.vn).
Office real estate is thriving, with new Grade A buildings entering the Hanoi market at the end of the year, according to Savills Vietnam.
VOV.VN - Along with the local manufacturing sector, the Vietnamese real estate sector has attracted significant FDI inflows from the Republic of Korea (RoK) over recent years, according to a survey conducted by Savills Vietnam.
The recovery of the industrial real estate sector will be fueled by new investment waves, according to the Vietnam Association of Realtors (VARS).
For high-end large-scale projects and developers with projects that need to borrow capital, the HCM City People’s Committee believes that it’s necessary to strengthen supervision over the granting of credit.