Hanoi aims for more social housing by 2020 Business

Hanoi aims for more social housing by 2020

Hanoi’s property market will have more supply of social housing products for low-income people by 2020 in order to address the paucity of those products on the market combined with the over-supply of commercial houses.
Property market stays strong Business

Property market stays strong

Strong economic growth since 2015 has created a thriving domestic property market that is likely to continue next year, said Construction Minister Pham Hong Ha.
Government urged to boost foreign home-buying Business

Government urged to boost foreign home-buying

The Ho Chi Minh City People’s Committee has asked relevant departments to tackle problems in granting house ownership certificates to overseas Vietnamese to encourage their investment into the real estate market.
New loan packages for social housing Business

New loan packages for social housing

Two new preferential loans, unrestricted by scale and deadline, for social housing and cheap commercial housing projects will be provided to low-income earners. The new packages are expected to continue the 30 trillion VND housing stimulus package.
Vietnam needs more cheap housing: VNREA Business

Vietnam needs more cheap housing: VNREA

The local real estate market has recovered but the State should provide policies to develop small and cheap apartments due to increasing demand, according to the Vietnam Real Estate Association.
More affordable housing needed in HCM City Business

More affordable housing needed in HCM City

The real estate market in Ho Chi Minh City is on track to bounce back, but its sustainable development will only be ensured if housing demand from low-income and average-income earners is satisfied.
Vietnam needs cheaper social housing Society

Vietnam needs cheaper social housing

Vietnam needs to raise policies and solutions to hasten housing development for low-income earners in urban areas and industrial zones in an effort to improve their living standards.
Housing stimulus disbursement stagnates Business

Housing stimulus disbursement stagnates

The disbursement of the 30-trillion VND (1.38 billion USD) housing stimulus package has been stagnant, despite the increase in the number of successful transactions in the real estate market.