Business

National conference seeks ways to remove roadblocks to real estate

Prime Minister Pham Minh Chinh chaired a national online conference in Hanoi on February 17 that sought ways to remove obstacles to the domestic real estate market and give it a push to grow safely, healthily and sustainably.
National conference seeks ways to remove roadblocks to real estate ảnh 1Prime Minister Pham Minh Chinh speaks at the conference. (Photo: VNA)
Hanoi (VNA) – Prime Minister Pham MinhChinh chaired a national online conference in Hanoi on February 17 that soughtways to remove obstacles to the domestic real estate market and give it a push togrow safely, healthily and sustainably.

In his opening remarks, the leader urgedparticipants to give objective assessments on the situation, analyse reasonsbehind its problems, and propose targets, tasks and solutions to promote themarket in line with guidelines, policies and laws.

According to the PM, following the conference, thegovernment will issue a resolution on the real estate market, which is expectedto serve as a ground to spur its development, in the spirit of harmonisedinterests and shared risks between the State, people and businesses.
National conference seeks ways to remove roadblocks to real estate ảnh 2At the conference (Photo: VNA)
The Ministry of Construction reported that themarket faced a supply crunch last year, especially housing for low-incomeearners. Although the number of transactions increased against 2021, it stilldropped as compared with the pre-pandemic level.

The State Bank of Vietnam said as of December 31,2022, outstanding credit related to real estate was nearly 800 trillion VND(33.65 billion USD).

Statistics by the Ministry of Finance show that asof October 28, 2022, issued corporate bonds were valued at 328.9 trillion VND,down 25.2% year-on-year, and decreased quarterly, with real estate firms making up 28.87% of the total.

Real estate businesses have encountered a range ofdifficulties over the past time, especially in credit access, bond issuance,and capital mobilisation, according to insiders./.
VNA
#Prime Minister Pham Minh Chinh #domestic real estate market #State Bank of Vietnam #bond issuance #Vietnam #VietnamPlus #Vietnam news
Follow VietnamPlus

Related News

See more

At the working session (Photo: VNA)

Can Tho, Guangxi seek collaboration in logistics, supply chains

Chinese investors now back 35 projects in Can Tho with registered capital of nearly 1.2 billion USD. In the first seven months of 2026, Can Tho’s exports to China hit 77.5 million USD, while imports stood at 64.7 million USD. Key exports included rice, seafood, farm produce, processed agricultural products and apparel while main imports comprised agricultural chemicals, veterinary medicines, fertilisers, chemicals, fabrics and other materials and inputs.

Vietnamese Minister of Finance Ngo Van Tuan grants an interview to the Vietnam News Agency (VNA). (Photo: VNA)

Vietnam, Russia move to boost financial cooperation

On bilateral economic, trade and investment ties, Tuan said two-way trade hit 3.24 billion USD in the first seven months of 2026, up 12% from a year earlier. Vietnam’s exports to Russia totaled 1.33 billion USD, while imports amounted to 1.91 billion USD.

Cai Mep - Thi Vai Port complex in Ho Chi Minh City (Photo: VNA)

Ho Chi Minh City seeks to make seaports new growth driver

To maximise its seaport advantages, Ho Chi Minh City is developing smart and green ports while promoting clean energy, lower emissions and sustainable supply chains. It aims to establish an integrated ecosystem linking seaports with industrial parks, logistics centres, free trade zones, multimodal transport networks and an international financial centre.

Farmers visit the off-season durian orchard of Cao Chi Dai in Vinh Hanh commune, An Giang province (Photo: VNA)

Vietnam promotes finance for green agriculture

Over the past five years, Vietnam has developed and gradually implemented a green finance system to support low-emission and environmentally friendly production, including agriculture. Based on the State Bank of Vietnam's Directive No. 03/CT-NHNN dated March 24, 2015, banks including BIDV, VCB, HDBank and Agribank have introduced green credit packages for waste treatment, high-tech agriculture, digital transformation, regional linkages and emission reduction across production chains.

An overview of the meeting between representatives from Polish businesses and the Agency for Domestic Market Surveillance and Development. (Photo: Agency for Domestic Market Surveillance and Development)

Polish businesses seek suppliers, partners in Vietnam

MAJAMI, a confectionery manufacturer and trader under Sweet House, is seeking distributors for Polish confectionery products in the Vietnamese market. Meanwhile, GABONA, a distributor and wholesaler of professional cosmetics, hair care and make-up products and beauty accessories, is looking for Vietnamese manufacturers of vegan and natural cosmetics.

Kendra Rinas, Chief of Mission for IOM Vietnam speaks at the event. (Photo: VNA)

Vietnam advances in building, using migrant labour data system: workshop

Data presented in the report reflects effective migration governance in recent years. The average recruitment cost paid by migrant workers dropped by 23.8%, from 164.9 million VND (6,400 USD) in 2021 to 125.7 million VND in 2025. Conversely, average first-month earnings abroad rose by 25.4%, increasing from 22.4 million VND to 28.1 million VND.

Workers produce leather shoes for export at Lefaso Tra Vinh Investment and Production Joint Stock Company in Tra Cu commune, Vinh Long province. (Photo: VNA)

Vietnamese exporters pivot to ease pressure from US tariffs

Pressure from the new US tariff policy is prompting Vietnamese exporters to reassess their strategies. Rather than pursuing volume-driven growth, many are shifting towards higher-value orders, tighter cost control, greater productivity and a more balanced allocation of markets to reduce reliance on a single destination.

A worker handles and stacks goods. Nearly 138,100 businesses were newly founded from January to August, up 7.7% over the same period last year, while more than 40,800 businesses completed dissolution procedures, a jump of 125.5%. (Photo: VNA)

Firm entry and exits point to continued restructuring pressure

Updates from the National Statistics Office last week showed that nearly 138,100 businesses were newly founded from January to August, up 7.7% over the same period last year, while more than 40,800 businesses completed dissolution procedures, a jump of 125.5%.

A Vietnamese business introduces durian cakes to Chinese visitors at the 22nd China-ASEAN Expo (CAEXPO) in 2025. (Photo: VNA)

Vietnam steps up trade, investment promotion at China-ASEAN Expo

According to the CAEXPO Secretariat, Vietnam will once again lease an entire exhibition area of about 3,000sq.m, featuring 170 booths, making it one of the ASEAN countries with the largest exhibition spaces at this year’s event. Nearly 100 Vietnamese businesses have confirmed their participation, including major brands such as Trung Nguyen Group, TH Group, Saigon Coffee and Biti’s.