Vietnam is a potential and emerging market, with low risks, good economy and stable politics, Eto Shinji, General Manager of Japanese building product distributor JUTEC Corporation’s Overseas Business Department, has said.
Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Construction to pay attention to the development of social housing projects and homes for low-income earners while enhancing urban management and creating favourable conditions for construction businesses.
The building materials industry has grown at 8-12 percent in the past three years and is expected to maintain good growth next year, a seminar heard in HCM City on December 26.
A line-up of tools and solutions to promote stable and sustainable development of the real estate market are being studied by the Ministry of Construction as part of efforts to ensure the market’s transparency.
Director of the Business Development Institute Le Xuan Nghia discussed
with the Vietnam Investment Review why he is wary of the effect the
property-oriented preferential credit packages will have on the market.