VietNamNet Bridge – Minister of Natural Resources and Environment Nguyen Minh Quang admitted corruption is still prevalent in the process of issuing land use right certificates in major cities.

 VietNamNet Bridge – Banks in HCMC disbursed around VND300 billion out of the VND30-trillion credit package tailored for the real estate sector as of last Thursday.

 VietNamNet Bridge – The draft amendments to the Real Estate Trading Law have loosened some property trading conditions for foreigners and overseas Vietnamese but foreigners are still prohibited from trading houses in Vietnam.

A number of homebuyers have benefited from the VND30-trillion low-cost home credit package launched by the Government, but it seems state employees have an advantage of accessing the low-interest loans.

VietNamNet Bridge – Under great pressure to realize the economic growth target, the Government and localities are seeking ways to spur investment demand and unblock the capital flow. A measure tabled now is to bolster public investment.

VietNamNet Bridge – The VND30-trillion credit package aimed at helping homebuyers and property developers was launched last Saturday. While many realty developers praise the move as positive to stir up the long-frozen market,