Around 3,000 to 4,000 real estate agents in HCMC have quit their jobs between January and November as new housing supply dwindles.
Most industrial parks in the country, including in the southern key economic zone, lack housing for workers, said Phan Van Anh, Vice President of the Vietnam General Confederation of Labour.
The rapid population growth is putting a lot of pressure on housing in Vietnam’s urban areas.
Vietnam is studying effective models to develop housing for its citizens from other countries, including the housing saving bank in Germany, said Deputy Prime Minister Trinh Dinh Dung.
Hanoi sets a target of developing additional 11 million sq.m of housing in 2018, including 430,000 sq.m of social housing, nearly 348,000 sq.m of resettlement housing and more than 2.1 million sq.m of commercial housing.
Vietnamese Minister of Construction Pham Hong Ha had working sessions with Algeria’s minister of industry and mines and minister of housing, urban planning and the city in Algiers on November 27, aiming to enhance bilateral ties.
A seminar to acquire feedback on the 2019 population and housing census, the fifth of its kind, took place in Hanoi on September 7.
VOV.VN - The Vietnam Association of Realtors expects to draw record crowds this coming June 2-4 for its eighth annual real estate expo.
Real estate transactions stalled in February due to the Lunar New Year holiday, according to the Ministry of Construction’s Management Agency for Housing and Real Estate Market.
The city has land to develop suitable low-cost houses for only 1 percent of those in need, its real estate association said.
The Ho Chi Minh City Department of Construction has recently announced the results of a survey conducted on the status of housing in order to meet demand in the southern city.
VOV.VN - The Ministry of Culture, Sports and Tourism has approved a list of coaches and athletes approved for special perks while they prepare upcoming international sports competitions.
The consumer price index (CPI) in December 2016 in Ho Chi Minh City rose by 0.52% from November and 4.41% against the same period last year.
The December consumer price index (CPI) in Hanoi fall slightly, the municipal Statistics Office reported.
In the context of the relatively stable economic situation and healthy credit flow, ‘real’ residential demand is on track for sustainable growth in 2017. CBRE Vietnam’s managing director Marc Townsend explained the contributing factors to this situation.
Hanoi’s consumer price index (CPI) in November rose by 0.47% over October, according to the municipal statistics office.
The Vietnam Real Estate Association (VNREA) will convene the fourth Congress for 2016-2021 on October 15 with 800 delegates and 30 international organisations taking part, it told a press conference in Hanoi on October 10.
More than VND28 trillion (US$1.25 billion) was disbursed from the VND30 trillion housing stimulus package up till the end of August, according to the Ministry of Construction.
The total value of property inventories nationwide by mid-August had dipped by VND14.93 trillion, or 29.34%, against December last year to VND36 trillion (US$1.6 billion), the Vietnam Real Estate Association (VNREA) said.
VOV.VN - Ho Chi Minh City has a shortage of affordable rental homes available for people working in industrial zones, according to a recent study by the Japan International Cooperation Agency (JICA).