Vietnam wary of housing bubble Business

Vietnam wary of housing bubble

Relevant ministries, sectors and localities should focus demand-supply forecast, and be cautious of the property market developments to prevent a housing bubble this year, Deputy Prime Minister Trinh Dinh Dung said at a recent meeting.
Strong rise in unemployment among graduates: labour ministry Society

Strong rise in unemployment among graduates: labour ministry

The unemployment rate among university graduates and those holding higher degrees in the third quarter of 2017 was 4.51 percent, compared to 3.63 percent in the previous three months, according to the Ministry of Labour, Invalids and Social Affairs (MoLISA).
Economic recovery, new laws prop up property market Business

Economic recovery, new laws prop up property market

A steady economic growth rate, the new Property Business Law and the revised Housing Law, which took effect on July 1, are encouraging the recovery of the property market which has suffered a long period of downturns.
Business

Lower-cost housing shows fastest growth

The HCM City Real Estate Association (HOREA) plans to give priority to the medium- and low-priced housing segment to meet increased demand during the 2010-15 period.