Condominium market showing sharp sales in Q2 Business

Condominium market showing sharp sales in Q2

The new launch of condominiums in the second quarter of this year (Q2) nearly tripled that of the previous quarter, showing recovery of sales activities, according to CBRE Vietnam's quarterly report on the Hanoi market released at a recent online press conference.
Q1 real estate market quiet but sees no price decline Business

Q1 real estate market quiet but sees no price decline

The domestic real estate market in the first quarter of this year witnessed the lowest transaction volume in the past four years due to the impact of the COVID-19 pandemic, according to the Vietnam Association of Real Estate Brokers (VARS).
Real estate transactions fall on tightened property loan control Business

Real estate transactions fall on tightened property loan control

As the State Bank of Vietnam has tightened the control over real estate loans to ensure sustainable development of the market and safety of the banking sector, property transactions have fallen down in both Hanoi and Ho Chi Minh City in the first six months of the year, experts said at a recent meeting in Hanoi.
Does it take decades to eliminate ambiguity? Business

Does it take decades to eliminate ambiguity?

In experts’ view, the transfer of households to enterprises is necessary to standardise and avoid the current abuse. However, the problem is that it is difficult to transfer all of them immediately.