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The real estate market in Hanoi has been experiencing a persistent shortage of housing supply in the first half of 2023.

As companies diversify their investment portfolios to minimize risk, the deal is part of Keppel Land's plan to expand investment in Vietnam.

Local departments and agencies vet 100% of the offices to ensure they're used for legitimate purposes.

Amid the difficulties in the property sector, financial and economic specialists suggest that stimulus package for the sector is unnecessary.

The demand for Vietnam’s IP land rentals will sharply grow in 2023 thanks to policies promoting a return to investing in the Southeast Asian country.

Banning underperforming property developers is imperative to making the property market healthier.

About 103,000 new apartments in the city are estimated available for sale from the last quarter of 2022 to 2025.

The city is facing a shortage of real estate supply, while the implementation of approved projects is stalled due to the tightening of credit policy and procedural difficulties.

Vietnamese companies have enjoyed fruitful opportunities in an open digital economy. However, weak management of intellectual properties has hindered their chance to be more competitive in the global market.

It is imperative to keep an eye on international competition in industrial property and logistics, as the sector is booming worldwide.

Warburg Pincus believes in the Vietnamese economy’s long-term growth trajectory and continues to actively pursue new opportunities to invest in leading platforms in the country.

Efforts to prevent property prices from rising have been left unfinished due to the low supplies of social housing and many projects remaining frozen on legal issues and complicated administrative procedures.

The average prices of new apartments for sale in Hanoi in 2022 are from VND30 million (US$1,311) per square meter onwards, which target customers of middle- and high-income groups.

Housing investment is to meet people’s long-term needs and would suffer no impacts from external factors, such as the pandemic.

After a long period of social distancing, people would prioritize shopping or tourism instead of buying properties.

In Quarter 2, the supply of serviced apartments in the city increases by 20% against the same period of last year.