Property

Analysts told the “Sustainable development of coastal cities in Vietnam in the new era” seminar on August 3 that while its long coastline with rich natural landscapes, hundreds of white sand beaches, and thousands of islands offers Vietnam the chance to create world-class cities, coastal cities that can promote and maximize the benefits of the sea remain few and far between.

Real estate in the Mekong Delta has not been affected by price hikes and remains largely affordable. With transport infrastructure being boosted and regional links strengthened in terms of roads, waterways, and airways, capital for real estate will be disbursed gradually and improve money flows.

The central highlands’ Lam Dong province has issued an Action Program for Sustainable Urban Development, in which it will give priority to the development of framework technical infrastructure so that it will become a hub for international and national trade and the three key economic regions of the central highlands, Ho Chi Minh City, and the south-central coast.

The real estate market in southern Binh Duong province is a bright spot in investment attraction from large domestic and foreign corporations thanks to its sustainable advantages in industrial and commercial development and huge land bank.

According to the Management Board of the Land Fund Development Center in central Quang Binh province, total proceeds from the auction of land use rights throughout the province in the first half of 2022 reached nearly VND3.9 trillion ($167.76 million), up 104.5 per cent year-on-year.

The Real Estate Association of Hai Phong City has said that compared to other cities, its real estate market remains quite attractive and has a lot of potential for further development. There are some areas, however, that are growing too much. The northern port city is making efforts to clean up the local market and impose strong sanctions on violations.