Topic: Real estate market

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.

It is aimed at developing the market in a healthy, safe and sustainable manner.

Trina Solar has invested in its third factory in Thai Nguyen with capital estimated at $420 million.

Trading floors subject to inspections are those established in the 2009-2017 period.

Solutions needed to tackle difficulties facing the sector.

Predictions have been made that the market will gradually recover next year and become healthier and more transparent and standardized in the second and third quarters.

State should only create mechanisms, with investors and enterprises sharing the risk.

Many businesses believe that the real estate market will see more positive changes in the near future, because profit streams from production and business usually pour into real estate in the last quarter of the year and public investment and FDI often increase at this time. Remittances flowing into the country are expected to hit $14-16 billion this year, which is cash that helps the market gain in liquidity at the end of the year.

A Savills Q3 2022 real estate market report shows that new supply of apartments for sale in Hanoi rose 235 per cent quarter-on-quarter and 69 per cent year-on-year. In addition to improved supply, apartment transactions also grew positively, reaching 3,605, up 61 per cent quarter-on-quarter and 49 per cent year-on-year. Class B apartment transactions accounted for 64 per cent.