Binh Duong province strives for more social housing Society

Binh Duong province strives for more social housing

The southern province of Binh Duong has proposed the Government allow it to keep some of the money gained from the equitisation of local State-owned enterprises to fund the development of housing for low-income earners, including workers at industrial parks.
HCM City authorities, housing developers at loggerheads Society

HCM City authorities, housing developers at loggerheads

While housing developers in Ho Chi Minh City are looking for occupants for over 15,000 apartments they have built, the city's authorities said more such apartments are needed to resettle people moved out of their houses for various reasons.
HCM City rental market continues slump Business

HCM City rental market continues slump

Many investors in HCM City are struggling to rent their apartments as the market continues its tepid streak that began in early 2016, according to the Dau Tu (Vietnam Investment Review) newspaper.
Transparency essential to real estate growth Business

Transparency essential to real estate growth

It is necessary for housing developers, contractors, banks and State agencies to cooperate in disclosing information about real estate projects to avoid panicking buyers, experts have said.
Developers ask EVN to pay for power grid Business

Developers ask EVN to pay for power grid

The HCM City Real Estate Association on August 10 asked the local Electricity of Vietnam (EVN HCMC) branch to pay for building the electricity grid for projects being incurred by developers.
Society

HCM City considers low home loan rates

Local authorities in Ho Chi Minh City have proposed an annual interest rate of only 3 percent for the most preferential home loans to benefit the poor, and seek the Government’s approval to extend the disbursement of the 30-trillion-VND home loan package up to 60 months, the Saigon Times Daily reported.
Business

Investors returns to high-end real estate

With low deposit interest rate and less attractive investment in other sectors, many investors have returned to the high-end real estate segment, the Vietnam Business Forum reported.