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.
Indonesia expands rice fields on Borneo island World

Indonesia expands rice fields on Borneo island

Indonesian President Joko Widodo has directed the Ministry of Public Works and Housing (PUPR) to expand the country’s agricultural land programme through a project to optimise 165,000 hectares of rice fields in Pulang Pisau district in Central Kalimantan on Borneo island.
Indonesia’s real estate revenue down 70 percent World

Indonesia’s real estate revenue down 70 percent

Secretary General of the Association of Housing Development of Indonesia (Peurmahan) Daniel Djumali has announced that revenue in the country’s real estate market this year has slumped by 70 percent year-on-year due to the COVID-19 pandemic.
Vietnamese encouraged to get married before 30 Society

Vietnamese encouraged to get married before 30

Prime Minister Nguyen Xuan Phuc has approved a birth rate adjustment programme towards 2030 which encourages people to get married before the age of 30 and women to give birth to their second child before 35.
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.