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.
Hundreds of millions of USD await to enter Vietnam’s realty market Business

Hundreds of millions of USD await to enter Vietnam’s realty market

The Vietnamese real estate market at all segments continues showing its appeal to foreign investors, and hundreds of millions of USD are waiting to be poured into the market, according to a research conducted by property and investment management services firm Jones Lang LaSalle (JLL).
More chances for stronger Vietnam-Canada investment ties Business

More chances for stronger Vietnam-Canada investment ties

Vietnam and Canada will have more chances to enhance not only trade but also investment links under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to Honorary Chairman of the Canada Trade Link Bryon Wilfert.
More steps needed to develop low-cost housing: PM Business

More steps needed to develop low-cost housing: PM

The Ministry of Construction should take more effective steps to support the development of low-cost housing and build an information system about housing and property market to improve transparency, management and planning, said Prime Minister Nguyen Xuan Phuc.
Social housing projects fail to attract tenants Society

Social housing projects fail to attract tenants

When it comes to social housing or affordable housing for low-income earners, funding is usually a key factor in such projects. However, once the projects are completed, problems in planning, investment management and efficiency tend to crop up.
Hanoi leader to fix all workers’ problems Society

Hanoi leader to fix all workers’ problems

Hanoi’s leader has promised to solve all issues in the daily lives of all workers in the city soon, including shortages of housing, cultural activities, kindergartens and medical centres at industrial zones.
Higher housing sales volumes forecast in Q2 Business

Higher housing sales volumes forecast in Q2

The real estate market will welcome many new launches in the second quarter of 2017 and sales volumes will be higher than the last quarter, according to the Vietnam National Real Estate Association.
Society

More social housing built in Hanoi

Viglacera Corporation on May 16 started the construction of a social housing and school project in Hanoi.
The project covers 6.2 hectares in the Dang Xa II urban area, providing 1,500 apartments and schools. It will cost 793 billion VND, equivalent to almost 37.3 million USD.