Hanoi to review hundreds of property projects
City plans to revoke 2,600 ha of land projects after review.
Topic: real estate
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.
PM calls for measures to tackle difficulties in property market
Difficulties in real estate considered a bottleneck for other sectors.
Outstanding loans to real estate businesses on the rise
Loans total nearly $34 billion to date.
Difficulties persist for real estate businesses
Bankruptcies and dissolutions in the sector up 38.7 per cent last year.
PM asks banking sector to tackle difficulties in real estate
Central bank directed to adjust policies to help boost the property market.