Real estate expert proposes policy allowing foreigners to own land Business

Real estate expert proposes policy allowing foreigners to own land

A policy allowing foreign individuals and organisations to buy and own houses and construction works in Vietnam will help lure investment and high quality human resources from the outside to the country for national development, according to Nguyen Tran Nam, Chairman of the Vietnam Real Estate Association.
Ministry tightens corporate bond issuances to prevent risks Business

Ministry tightens corporate bond issuances to prevent risks

The corporate bond market had seen exponential growth in recent years as banking credit for several sectors was narrowed, forcing firms to shift to bond issuance to raise capital, Nguyen Khac Quoc Bao, head of the Financial and Bank Department at the HCM City Economics University, told Thoi bao Kinh doanh (Business Times).
Vietnam’s tourism property market holds potential Business

Vietnam’s tourism property market holds potential

Vietnam’s tourism real estate market has the potential for strong development, but utilities and services are needed to attract investors, heard a seminar organised by the Vietnam Real Estate Association (VNREA) this week.
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.