Tag: Horea

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 proposals have been made by the Ho Chi Minh City Real Estate Association (HoREA) to control Vietnam’s corporate bond market, such as removing obstacles and inadequacies in legal institutions, amending the Law on Securities and the Law on Enterprises, supplementing regulations on credit rating assessments for bond issuers, adopting more stringent requirements on release conditions, and narrowing the purpose of corporate bond issuances.

The Ho Chi Minh City Real Estate Association (HoREA) has sent a document to the Prime Minister requesting he direct the State Bank of Vietnam (SBV) to allow credit institutions designated by the State to provide preferential loans to purchase social housing.

The Prime Minister has signed Decree No. 69/2021/ND-CP, effective from September 1, on the “Renovation and reconstruction of apartment buildings”, replacing Decree No. 101 from 2015. According to the Ho Chi Minh City Real Estate Association (HoREA), more than 2,000 old apartment buildings around the country that are 50 years of age or older are in need of renovation or reconstruction and the endeavor will be costly.