A recent Ministry of Construction gathering attempted to identify and resolve the key issues surrounding Vietnam’s real estate market at this point in time.
A provision that prohibits all State-owned enterprises from investing in real estate, with the exception of large-scale ones, awas deemed inconsistent with the Party’s policy on enhancing the operational efficiency of SOEs.
A host of real estate projects around Vietnam have been delayed by legal issues, a recent forum heard, adding to growing housing supply shortages and skyrocketing property prices.
In a recent meeting, Prime Minister Pham Minh Chinh asks relevant ministries and agencies to seek way to ensure safe, healthy and sustainable development of the real estate market.