Slowing realty market hinders big banks in bad debt recovery
Vietnam News | 13/04/2023 4:10:26 PM
According to the audited consolidated financial statements for 2022 of the four banks, Vietcombank, VietinBank, BIDV and Agribank, the value of collateral for loans at the banks exceeded VNĐ2 quadrillion each.
Government calls for broad-based measures to help realty sector
Vietnam News | 29/03/2023 2:01:06 PM
The PM has called on SBV to accelerate the distribution of the credit package that provides VNĐ120 trillion (US$5.1 billion) of preferential loans to individuals seeking to buy affordable housing and apartments in renovated buildings.
Strong signals of positive year for industrial real estate market
Vietnam News | 27/03/2023 3:07:58 PM
This upswing is largely attributed to an ongoing production shift and China-plus One strategy of manufacturers. The rental prices of industrial park lands in tier-1 markets are expected to rise by 5-10 per cent, fueled by robust demand.
Vietnam News | 27/03/2023 3:04:59 PM
There have been positive signs for the property market's recovery, said industry experts and economists.
Gov’t removes roadblocks for real estate market, firms expect drastic actions
Vietnam News | 14/03/2023 10:01:38 PM
The Government's latest real estate legislation went into effect on Saturday aiming to reinvigorate the sluggish realty market, which has been mired in a severe imbalance of supply and demand.
Real estate market won’t recover until late 2024: experts
Vietnam News | 14/03/2023 9:57:56 PM
Despite the Government efforts to remove challenges facing the real estate market, it won’t prosper until the end of next year, experts warned.