PM calls for easier credit access for property developers and buyers
The central bank has been instructed to soon implement a credit program of $5.1 billion.
Topic: real estate
Government issues resolution to tackle difficulties in real estate
Credit package of $5 billion for social housing to be established.
Real estate second in 2M FDI attraction
Sector drew in $397 million in Jan-Feb.
Dissolved property companies up 20% in Jan-Feb
235 real estate companies dissolved in the first two months of the year.
Hanoi to review hundreds of property projects
City plans to revoke 2,600 ha of land projects after review.
PM: Property market must ensure supply-demand balance
Imbalance in the market among the difficulties facing the sector.
Thousands of property projects postponed due to difficulties
Affected projects have total investment capital of nearly $30bln.
Why don’t property developers lower prices to escape woes?
Real estate businesses face issues from limited cash flow and liquidity blockages, VnEconomy forum hears.
Property developers may be able to transfer projects without completing financial obligations
Transferee would be responsible for covering costs under HoREA proposal.
Real estate posts highest credit growth in 2022
Sector also accounted for the highest proportion of total credit in the economy last year.