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Hai Phong to develop social housing
Property

Hai Phong to develop social housing

The Hai Phong City People’s Committee has issued Decision No. 2455/QD-UBND approving the Housing Development Plan in 2022. The city will set aside 433.19 ha of land in 49 locations to develop social housing projects. Under the plan, it will build more than 605,000 sq m of social housing in the 2021-2025 period.
Property

Real estate prices may be set for fall

Vietnam’s real estate market is experiencing a logjam in liquidity. Analysts have said that as credit and corporate bonds are shrinking, real estate prices may fall by up to 30 per cent. However, the Chairman of the Vietnam Association of Realtors (VARS) remains optimistic that the real estate market still holds substantial potential for development and can grow at an average annual rate of 15 per cent.
Property

Hai Duong adds 83 projects to 2022 land use plans

The Hai Duong Provincial People’s Committee has issued Decision No. 2093/QD-UBND approving additions to land use plans in districts, towns, and cities in 2022. Eighty-three projects with a total area of nearly 282 ha have been added.
HCMC resolving land issues facing businesses

HCMC resolving land issues facing businesses

A number of problems relating to land management have presented difficulties for many businesses, especially State-owned enterprises (SOEs). To remove these difficulties, the Ho Chi Minh City Investment and Trade Promotion Center (ITPC), in cooperation with the city’s Department of Natural Resources and Environment, held a dialogue on August 9 between businesses, industry, and the government.
More needed for real estate on Phu Quoc to develop

More needed for real estate on Phu Quoc to develop

Resort real estate on Phu Quoc Island is quite diverse, and includes the first casino for Vietnamese citizens, the largest safari park in Southeast Asia, and the world’s longest sea-crossing cable car. The market is still to develop sustainably, however. The island city should not only be a tourist destination but should also have a marine economic center and become a new financial center in the region.
HoREA offers 6 solutions to restore real estate market

HoREA offers 6 solutions to restore real estate market

At a national conference on August 11 between the Prime Minister and businesses with the theme “Proactive adaptation, quick recovery and sustainable development”, Mr. Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association (HoREA), proposed six solutions to restore Vietnam’s real estate market.
Resort real estate gaining in appeal

Resort real estate gaining in appeal

Many analysts have predicted that resort real estate will become increasingly attractive over the years to come thanks to the strong recovery of tourism post-pandemic. Projects near the coast, with easy connections to centrally-run cities and invested in and developed by capable real estate corporations will attract the most customers.
Conference studies planning for Ha Tien

Conference studies planning for Ha Tien

The Ministry of Construction has held a conference to appraise the general planning for the city of Ha Tien in the Mekong Delta’s Kien Giang province and the Ha Tien border-gate economic zone to 2040. The city is to become a growth pole in the western reaches of Kien Giang province, a key urban area in the Delta, and an international border gate city with coastal tourism.
New tax regulation needed for real estate market

New tax regulation needed for real estate market

A host of inadequacies in tax management over business activities and real estate transfers were spoken of by analysts at the “Trends in the real estate market in the last 6 months of 2022” conference on August 5. Analysts proposed the study of new taxes to regulate the real estate market, such as supplementing rent differences and collecting taxes on houses.

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