Property inventory falls to 3,300 apartments in Q1 Business

Property inventory falls to 3,300 apartments in Q1

The country’s apartment inventory was estimated at some 3,300 units by the end of the first quarter of the year, falling 5,700 units compared to the same period last year, according to the Ministry of Construction (MoC).
Da Nang to develop international finance centre Business

Da Nang to develop international finance centre

The People’s Committee of central Dang Nang city and the Import-Export Pan Pacific Group (IPPG) has signed a Memorandum of Understanding (MoU) on the development of an international and regional finance centre to attract investors in the future.
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).
Social housing development fails to meet target Business

Social housing development fails to meet target

Nine social housing projects for low-income earners with more than 4,100 apartments measuring 205,500 sq. m were completed and put into use in 2019, which did not meet the target set by the national housing development strategy to 2020 with a vision to 2030.