Tag: The real estate market

Supervision to focus on issuance and implementation of related laws.

Solutions were proposed at the “Developing a safe, healthy and sustainable real estate market” conference on July 14 to develop the market strongly.

At the “Land Law - Housing Law - Law on Real Estate Business, for housing development and the real estate market” conference discussing amendments, analysts said that there are still many obstacles and inadequacies in these laws that will make it difficult for the real estate market to recover from Covid-19. Analysts suggested that there be solutions introduced to overcome this situation in the near future to develop Vietnam’s real estate market.

Many factors provide an optimistic outlook for Vietnam’s real estate sector next year and beyond, analysts have said.

Advantages in promoting investment in transport infrastructure combined with industrial and tourism development have created major opportunities for the real estate market in southern Ba Ria-Vung Tau province.

Though new supply is limited, the absorption rate in the real estate market has been low since the beginning of 2020, at only some 35 per cent; the lowest level in five years.