Banks cut home loan interest rates Business

Banks cut home loan interest rates

Interest rates of home loans at commercial banks have tended to reduce significantly since the second half of July due to low capital demand from business and production.
HCM City to develop hi-rises along metro line Society

HCM City to develop hi-rises along metro line

Ho Chi Minh City plans to stop construction of high-rise apartment buildings in downtown areas and focus instead on building such residential complexes along the first metro route in the eastern part of the city comprising districts 2, 9 and Thu Duc.
Domestic property market facing uncertainty: Insiders Business

Domestic property market facing uncertainty: Insiders

The domestic real estate market is hoped to have growth in the fourth quarter of this year and before the Lunar New Year 2021 if, by this year-end, the domestic economy is restored to levels from before the COVID-19 pandemic, according to insiders.
More capital poured into social housing Society

More capital poured into social housing

A social housing credit package worth 30 trillion VND (1.3 billion USD) is on the verge of running out, and this could pose difficulties for low-income people when it comes to renting or buying property. ​
Bac Giang mobilises 92.5 trillion VND for housing development Society

Bac Giang mobilises 92.5 trillion VND for housing development

The northern province of Bac Giang plans to mobilise some 92.5 trillion VND (3.9 billion USD) by 2025 for its housing development programme, under which it targets building 85,600 housing units with total floor area of more than 12.98 million square metres.
COVID-19: many real estate trading floors close Business

COVID-19: many real estate trading floors close

The transaction volume on the domestic real estate market dropped to a four-year low for Q1 due to the impacts of the COVID-19 pandemic, and many real estate trading floors have temporarily closed, according to the Vietnam National Real Estate Association (VNREA).