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Update news housing
With strong demands for real estate especially in urban areas, Vietnam’s golden demographics and a positive economic outlook will drive the mid-end and affordable housing segment in the country’s residential market beyond 2020 forward.
The slow issuance of home ownership certificates, commonly known as pink books, to residents living in apartment buildings is largely due to investors’ violations of regulations on mortgages and construction.
Hanoi’s recently-released list of housing ventures for foreign homebuyers may draw in less interest than expected as reputable developers are not involved, and complex legal barriers tower on the horizon.
Digitalisation is promising to become an optimal tool for construction sites that is observed and managed by digital technologies in order to increase systemisation and efficiency.
The Ministry of Culture, Sports and Tourism has approved a list of coaches and athletes approved for special perks while they prepare upcoming international sports competitions.
VietNamNet Bridge – Ministries and branches, in response to the heavy criticism from the public that their mismanagement has led to a higher consumer price index, said that the goods prices in Vietnam are lower than many other countries.
HCM City’s foreign-currency credits tumble; Vietnam eyes labour cooperation with Middle East, North Africa; BIDV receives Asia Risk award; Mekong Delta looks towards green economy
VietNamNet Bridge – Government officials and experts have become impatient about the slow disbursement of the VND30 trillion bailout to be pumped into the real estate market.
As the disbursement of the VND30 trillion bail-out is delayed, the State Bank of Vietnam (SBV) has asked five banks to quickly receive client applications and quickly respond them.
State budget collection increases; VEPR says 7-10 years needed to tackle bad debts; VNCB to raise capital to VND7.5 trillion; G-bonds forecast to sell well in H2; Mid-end condos still sell well
Solutions to stabilise petrol prices go nowhere; Lending up 2.1 percent over 4 months; Sugar inventory remains high; ‘Technology transfer’ sparking debate
Japan to fortify supporting industries; Rental housing sector to fire up; Ha Noi to open 1,400 hotel rooms; Garment exports grow 32%; Small wood processors face shortage of capital
Incentives seek to attract rental housing investors; Opportunities in slumping real estate sector; 5bln USD funded for high-speed railway linking VN, Laos; Preferential credits give strength to poor households
VietNamNet Bridge – Prime Minister Nguyen Tan Dung has asked ministries and agencies to raise efforts in implementing the Party and State's development policy in ethnic and mountainous regions.