Property prices spike despite COVID-19 pandemic Business

Property prices spike despite COVID-19 pandemic

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.
Former vice secretary of HCM City’s Party Committee prosecuted Society

Former vice secretary of HCM City’s Party Committee prosecuted

The People’s Procuracy of Ho Chi Minh City on December 16 commenced legal proceedings against Tat Thanh Cang, former permanent vice secretary of the municipal Party Committee, to investigate for “violations of regulations on management and use of State assets, causing losses”.
Vietnam’s tourism property market holds potential Business

Vietnam’s tourism property market holds potential

Vietnam’s tourism real estate market has the potential for strong development, but utilities and services are needed to attract investors, heard a seminar organised by the Vietnam Real Estate Association (VNREA) this week.
Real estate transactions fall on tightened property loan control Business

Real estate transactions fall on tightened property loan control

As the State Bank of Vietnam has tightened the control over real estate loans to ensure sustainable development of the market and safety of the banking sector, property transactions have fallen down in both Hanoi and Ho Chi Minh City in the first six months of the year, experts said at a recent meeting in Hanoi.