Logistics and industrial park giants carried out many mergers and acquisitions (M&A) in the first half of this year, despite the Covid-19 outbreaks, according to Savills Vietnam.
The increased supply in the area has come from infrastructure drivers.
The HCM City Department of Construction wants the People's Committee to prevent illegal real estate activities by stepping up propaganda and publicly naming and shaming offenders.
Despite the complicated development of the Covid-19 pandemic, the housing market in Ho Chi Minh City and Hanoi recorded encouraging results in the first half of 2021.
Hanoi plans to spend VND500 billion ($21.7 million) to evaluate the quality of 1,579 apartments to ensure safety.
Authorities in Ha Noi's Thanh Xuan District have sent out inspection teams in a crack down on residential properties being used for commercial purposes.
The prolonged impact of the COVID-19 pandemic has made digital tools such as live streaming, augmented reality (AR) and virtual reality (VR) essential to real estate transactions, according to real estate broker Tran Minh.
The domestic property market has continued to show steady increases in the second quarter of this year.
Rentals for industrial lands in HCMC increased in the second quarter despite the renewed Covid-19 outbreak, according to real estate services provider Colliers Vietnam.
Many apartment buildings in Hanoi are more than 40 years old and pose a threat of collapse, but relocating their occupants to renovate them is not an easy task.