The Ministry of Construction (MoC) has proposed controlling the bond issuance activities of real estate enterprises but not tightening investment in real estate bonds, Nguyen Manh Khoi, Deputy Director of MoC's Housing and Market Management Department, said at the monthly press conference held on June 13.
After a brief hiatus, property companies have been resuming sales of developments and revealing their post-COVID-19 business plans since the beginning of May.
Property firms are gearing up to tap opportunities from the post-pandemic recovery of the real estate market, which was predicted to soon get back on its feet.
As the State Bank of Vietnam (SBV) has ordered tight control over real estate loans by credit institutions, property firms and developers have to seek alternative ways to raise their capital, and many of them have decided to issue shares to fund their business.
With banks tightening credit to the property sector, developers should look at the stock market for capital, experts told a workshop on “Potential and opportunities for investment in property stocks on November 30.
The government should offer preferential policies for property firms which develop green urban areas, said Do Viet Chien, General Secretary of the Vietnam Real Estate Association.
Domestic and foreign real estate investors and enterprises are introducing their products and projects to customers in Hanoi through the Viettreal Expo 2017, which kicked off on June 2.
Ho Chi Minh City needs better cooperation among the State, developers, builders, material suppliers and banks to improve the local property market, the HCM City Real Estate Association has said.
Vietnamese shares struggled to stay positive for a fourth day on both local exchanges as property firms made gains on the central bank’s proposal to extend the housing stimulus package.
Vietnamese shares bounced back on the week’s last transaction day from the previous day’s declines on both local exchanges as banks and property developers recovered from their recent falls.
Asia’s leading construction solution provider BCI at a ceremony held on May 20 in HCM City gave awards to the top 10 Vietnamese architectural firms and property developers.
Vietnamese shares gained slightly on November 20 as investors bet property companies will benefit from a stronger real estate markets over the coming months.
Vietnamese shares saw solid gains on November 13 on both local exchanges thanks to good news about the property market which boosted real-estate developers.
Vietnamese shares were little changed on both local exchanges on October 27 amid concern that an oversupplied property market may undermine on real estate company profits.
The Japanese population offers a reliable source of current and future
demand for short- and long-term accommodations, with growing interest
among Japanese companies to open units in Vietnam.
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