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.
HCM City to build more public parks Society

HCM City to build more public parks

HCM City plans to build more public parks with a total coverage of 650ha in the next 10 years, offering at least one square metre of public parks per resident.
More capital poured into social housing Society

More capital poured into social housing

A social housing credit package worth 30 trillion VND (1.3 billion USD) is on the verge of running out, and this could pose difficulties for low-income people when it comes to renting or buying property. ​
Bac Giang mobilises 92.5 trillion VND for housing development Society

Bac Giang mobilises 92.5 trillion VND for housing development

The northern province of Bac Giang plans to mobilise some 92.5 trillion VND (3.9 billion USD) by 2025 for its housing development programme, under which it targets building 85,600 housing units with total floor area of more than 12.98 million square metres.
COVID-19: many real estate trading floors close Business

COVID-19: many real estate trading floors close

The transaction volume on the domestic real estate market dropped to a four-year low for Q1 due to the impacts of the COVID-19 pandemic, and many real estate trading floors have temporarily closed, according to the Vietnam National Real Estate Association (VNREA).