Property

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.

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.

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.

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.

Deputy Prime Minister Le Van Thanh told a meeting of the Steering Committee reviewing the implementation of the Land Law and developing a project to amend the Land Law that the Ministries of Foreign Affairs, National Defense, and Public Security have been asked to further study regulations on granting land access to foreign organizations and individuals.

To celebrate its reopening after a long period of renovations, Nam Nghi Coral Peninsula Phu Quoc is offering great-value villa promotions and an exciting minigame.