Alongside improving supply and liquidity, the recovery of Vietnam’s tourism industry is expected to remain a key driver supporting the growth of the resort real estate market.
Mr. Nguyen Van Dinh, Vice Chairman of the Vietnam National Real Estate Association, Chairman of the Vietnam Association of Realtors (VARS), and Director of the Vietnam Institute for Real Estate Research (VARS IRE), tells Huyen Ngan about the need to build a more balanced and sustainable rental housing market.
Rental housing, particularly apartment developments in major cities, industrial parks, economic zones, and key economic corridors, is identified as a strategic priority.
The establishment of the National Housing Fund with a focus on developing a social housing fund for rent not only opens up housing opportunities for people, but is also a strategic step to stabilize the real estate market in the long term...
Data from the Vietnam Bond Market Association revealed that in May, the whole market saw 42 separate bond issuances totaling VND46.77 trillion ($1.78 billion).