Vietnam > Real Estate

Real estate living on borrowed time

06/10/2023 08:06

In the first five months of 2023, 554 realty firms went out of business, up 30.4 per cent year-on-year. Others became worse off as their revenue and profit fell by nearly 7 and 40 per cent, respectively.

Headlines

Vietnam > Real Estate

30.4 per cent of real estate companies left market in first five months

06/10/2023 08:09

30.4 per cent of real estate companies, or a total of 554, were dissolved in the first five months of 2023. Along with this, the number of newly registered property firms decreased by 61.4 per cent on-year.

Vietnam > Real Estate

Real estate living on borrowed time

06/10/2023 08:06

In the first five months of 2023, 554 realty firms went out of business, up 30.4 per cent year-on-year. Others became worse off as their revenue and profit fell by nearly 7 and 40 per cent, respectively.

Vietnam > Real Estate

Real estate living on borrowed time

06/09/2023 09:57

Mass dissolution and bankruptcy can strike so unexpectedly in the real estate sector that firms feel like they are living on borrowed time.

Vietnam > Real Estate

High interest rates cast shadow over real estate

06/08/2023 09:19

Despite improved liquidity compared to the outset of 2023, bank lending rates remain a key factor in resolving the current slowdown in the real estate market.

Vietnam > Real Estate

Construction ministry explains why $5.14bn credit package yet to be disbursed

06/08/2023 09:11

The construction ministry has raised two reasons for the non-disbursement of the credit package of VND120 trillion (US$5.14 billion) launched by the government about two months ago for developing projects to build social houses and houses for workers, and upgrade deteriorated apartment buildings.

Vietnam > Real Estate

New apartment buildings must have life span: Hanoi Party Chief

06/06/2023 13:34

The amended Housing Act lacks provisions on the life span of condominiums, which may cause problems for the authorities when it comes to renovating the buildings.

Vietnam > Real Estate

Vietnam's industrial rents are rising swiftly

06/06/2023 08:03

Land and industrial infrastructure rental costs are increasing by approximately 10 to 15 per cent annually in Vietnam, but according to the most recent analysis by Vietnamese real estate market research firms, land rents for development and infrastructure in the country's industrial parks (IPs) remain competitive compared to other emerging markets.

Vietnam > Real Estate

Core business key as companies pull out of real estate

06/05/2023 13:53

Inauspicious market conditions have compelled many producers to make a U-turn on ventures into real estate to focus on core areas.

Vietnam > Real Estate

Eco-industrial park development targets net zero emissions

06/05/2023 08:49

The development of eco-industrial parks is considered an effective solution to contribute to completing the net zero emission target by 2050 in Viet Nam. However, there are still many problems with the mechanism.

Vietnam > Real Estate

Stock, real estate markets to become more attractive thanks to low interest rates

06/03/2023 21:55

Cash flow always looks to more attractive investment channels with higher returns, so when interest rates decrease, cash flow will shift from the savings channel to the stock and real estate markets, according to experts.

 

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