Vietnam’s tourism is returning to the new normal and the resort real estate also begins getting back to the racetrack after a two-year hiatus caused by the COVID-19 pandemic, with numerous projects expected to be offered for sale in 2022.
The Vietnamese industrial real estate market continued to record positive signals, attracting a large amount of foreign capital.
The lists of the 500 fastest-growing companies in Vietnam (FAST500) and the top 10 firms in real estate-construction - building material this year were announced by the Vietnam Report JSC and the VietNamNet e-newspaper during a ceremony held in Hanoi on April 22.
As a growing number of companies in the real estate industry are embracing technology to promote their sales since the pandemic, investments are flowing into proptech start-ups to capture the opportunity.
The State Bank of Vietnam (SBV)’s decision to tighten control over real estate credit has helped to restrict speculation while making the market transparent and preventing a real state bubble, economic experts have said.
Foreign investment poured into real estate hit almost US$2.7 billion in the first quarter of this year, outpacing the figure of the entire 2021, according to the Ministry of Planning and Investment.
Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Vietnam (SBV)'s policy on controlling credit growth in risky areas.
The trend of sustainability will continue to be a driver of Vietnam’s real estate industry, heard a workshop on April 7.
VOV.VN - Prime Minister Pham Minh Chinh has underlined the necessity of assessing limitations and weaknesses in the disbursement of public investment capital, with some projects not being carried out on schedule, potential risks for security and real estate markets.
The industrial real estate market is expected to boom thanks to good signs in foreign direct investment (FDI) and the resumption of international flights, predicted experts from Savills Vietnam.