Real Estate

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

Much of the supply of apartments come from suburban areas, but sales remain slow because prices are comparatively high relative to incomes.

Owners of apartments to be renovated will be compensated with a property twice the size of their current home.

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

Foreigners can buy and own a maximum of 30% of the total number of apartments in a building, according to the draft amendment to Vietnam's Housing Law.

Vietnam is considered an attractive investment destination and a dynamic, open economy with a high growth rate in the world.

Demands from financial, real estate, information communications technology, distribution, and manufacturing tenants have increased since 2021.

Credit should be channeled to priority fields and production/business activities with positive impacts on socio-economic development.

The majority of real estate firms are now in a dire financial situation after two years of fighting the pandemic.