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Update news local property market
VietNamNet Bridge – The Government is expected to issue a decree guiding the implementation of the 2014 Housing Law soon to make it easy for foreigners, particularly overseas Vietnamese, to own houses in Vietnam.
VietNamNet Bridge – Viet Nam's property market is revising but depending too much on the financial market, which makes investment still risky, so developers should take prudential steps towards the market.
VietNamNet Bridge – A credit package worth VND120 trillion (US$5.7 billion) would help develop the local property market, said Phan Thanh Mai, general director of the Viet Nam Bank for Construction.