Surging demand, the resolution of legal hurdles and the gradual containment of the COVID-19 pandemic make the real estate industry sanguine about 2021.
The real estate market remains feverish not because of high demand and short supply, but because of speculation, experts have said.
The Ministry of Construction (MoC) and the Ministry of Natural Resources and Environment (MONRE) have requested provinces and cities review State management on land prices amid 'land fever' in some localities.
The prospect of busy urban areas being created around Long Thanh International Airport in southern Dong Nai province has attracted investment in the eastern reaches of neighbouring Ho Chi Minh City, which has become appealing thanks to its connectivity, standardised planning, and ideal geographical location.
Population in Phu Quoc likely triples in 2030, resulting high demand for hospitality industry.
VOV.VN - With the third wave of the novel coronavirus (COVID-19) pandemic causing numerous challenges for local businesses, several banks such as BIDV, Vietcombank, VietinBank, and Agribank have devised solutions aimed at supporting Vietnamese companies, especially small and medium enterprises (SMEs).
Vigorous legal changes regarding real estate investment and construction are set to beef up the realty market in the Year of the Buffalo.
The industrial market is the only real estate sector that has enjoyed positive progress in both rental rates and occupancy rates during the COVID-19 pandemic.
In 2020 the Vietnamese real estate market, just like across the globe, was heavily impacted by the COVID-19 pandemic and that remains the case today. There are, however, some bright spots in the market and if the virus is fully controlled, this year should recover and also see stronger liquidity.
There was an increase in interest in Ho Chi Minh City which ranked sixth among Asia Pacific investors’ most preferred property markets for investors, according to a survey by market research firm CBRE polling more than 490 Asia Pacific-based investors in November and December 2020.