March 9, 2011
A man rides a bicycle past a construction site in Ho Chi Minh City. Real estate trading in the city is very slow, and prices have fallen sharply. Given that the real estate market is facing capital shortages, Vietnam should allow investors to access loans from foreign commercial banks at far lower interest rates. Dang [...]
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December 11, 2009
LookAtVietnam – The amount of outstanding loans to real estate investors is much lower in Hanoi than HCM City, where “banks are more liberal” The National Finance Supervision Committee, established in March 2008, oversees Vietnam’s stock and insurance markets and its banking and real estate sectors. The committee is now compiling its first supervision report. [...]
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November 14, 2009
LookAtVietnam – Opinions vary about the existence of a “real estate bubble” due to contradictory indicators in the Hanoi and HCM City markets. National Finance Supervision Council Deputy Chairman Le Xuan Nghia stated that there is no real estate bubble in Vietnam. Nghia’s view differs with Vikram Nehru’s, Chief Economist for East Asia of the World [...]
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September 11, 2009
LookAtVietnam – The withdrawal of many foreign real estate investors from Vietnam has caused rumors of worse things to ripple through the real estate market. One year ago, concern was expressed that too much foreign direct investment (FDI) was pouring into Vietnam’s real estate. Registered FDI in the sector amounted to 1/3 of the total [...]
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August 6, 2009
LookAtVietnam – Head of the Department of Housing and Real Estate Market Management Nguyen Mann Ha spoke to Thoi bao Kinh te Viet Nam (Vietnam Economic Times) about measures to balance the market. In Viet Nam, we must be more careful with our real estate supply. Investors should not only focus on the high-end housing [...]
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July 26, 2009
The Trung Hoa-Nhan Chinh residential area in Ha Noi is among properties affected by the asking price for residential real estate rising modestly during the second quarter.LookAtVietnam – Commercial real estate prices plunged in Ha Noi during the second quarter of the year, according to a report from property consulting firm CBRE Viet Nam.The firm [...]
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July 22, 2009
Talking about Vietnam’s real estate market in the post-crisis period, Director of the Housing and Real Estate Market Department under the Ministry of Construction Nguyen Manh Ha said that the market will keep developing well thanks to the high demand. Director of the Housing and Real Estate Market Department under the Ministry of Construction Nguyen [...]
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July 13, 2009
In order to sell land and houses, speculators have created a lot of ‘artificial price fevers’ to urge people to rush to buy real estate for fear that the prices would increase further. The real estate prices have increased in some new urban areasReal estate prices in Hanoi have been staying firm, which has led [...]
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June 26, 2009
Commenting about the heating up of the real estate market, Dr Nguyen Duc Kien, a member of the National Assembly’s Economics Committee, said he can see something abnormal. Dr Nguyen Duc Kien, a member of the National Assembly’s Economics CommitteeLand prices have been skyrocketing in recent days, having generated a new price ground which is [...]
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June 19, 2009
Dr Tran Du Lich, Member of the National Assembly Economics Committee, former Head of the HCM City Economics Institute, has said that the real estate market is now witnessing a ‘virtual fever’ and warned that the 2007 bubble may return. Dr Tran Du Lich, Member of the National Assembly Economics Committee, former Head of the [...]
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