Vietnamplus

All real estate transactions must be implemented through banks, the General Department of Taxation has proposed to the Ministry of Finance.

The country’s real estate market has seen positive signs for recovery following the economic reopening, experts said.

Vietnam's real estate prices have increased rapidly in the past two years despite the difficulties caused by the COVID-19 pandemic, which reduced the incomes of the majority of the population, experts have said.

Real estate brokerage activities should be professionalised and often individual sellers need better training, especially when the market is in need of momentum after the COVID-19 pandemic, experts said.

The Hanoi Department of Construction has listed 22 commercial housing projects, some complete and some under construction, where foreigners can own homes.

The domestic real estate market in the first quarter had the lowest transaction volume in the past four years due to the impact of the COVID-19 pandemic, the Vietnam Association of Real Estate Brokers (VARS) said.

The domestic real estate market in the first quarter of this year witnessed the lowest transaction volume in the past four years due to the impact of the COVID-19 pandemic, according to the Vietnam Association of Real Estate Brokers (VARS).