The Ministry of Construction (MoC) has asked the Prime Minister to strictly control corporate bond issuances made by real estate enterprises, especially small and medium enterprises, to reduce risks.

The Ministry of Construction (MoC) has released its first quarterly report on the domestic real estate market.

Many real estate developers now eye resort projects rather than the housing sector as they have confidence in the hot development of the tourism industry.

A number of listed real estate firms have announced plans to issue convertible corporate bonds to seek capital as banks have tightened lending.

The real estate market developed well in 2014-2018, but unexpectedly has cooled down since the beginning of 2019.

While observers believe that it’s the right time to pour money into resort real estate, they also warn of the hot development of the market segment.

The Vietnamese condotel market, the only one in the region, shows serious problems because of legal deadlocks.

VietNamNet Bridge - Vietnam’s real estate market is expected to remain stable with growth in three areas —  green real estate, resort & tourism real estate, and houses & apartments. 

VietNamNet Bridge - International investors believe the opportunity to develop a robust affordable housing market in Vietnam has great potential.

Despite challenges arising, the real estate market in Vietnam ended 2018 in a good place, and expects to remain stable this year.

While the Ministries of Health and Construction have repeatedly urged the government to prohibit the use of white asbestos, National Assembly deputies say there must be more thorough research on the substance.

Using unburned building materials, or ‘green materials’, is expected to be used in construction works in the future, when Vietnam has to cope with environmental dangers  caused by climate change. 

VietNamNet Bridge - Can Gio district in HCMC and Nhon Trach in Dong Nai province have become new destinations for many investors, thanks to infrastructure development in the areas.

VietNamNet Bridge - At several real estate projects in HCM City, especially in districts 2 and 7, the number of apartments sold to foreigners has reached the mandated ceiling. 

Big changes can be seen in the corporate bond market, from issuers and issuance strategies to buyers. 

Foreign real estate brokers, one after another, have landed in Vietnam to take advantage of a market that has been heating up in the last four years.

A Vietnamese corporation has reportedly spent $14 million at an auction to buy a shopping mall in the suburbs of Marrickville in Sydney, Australia, taking the first step in its plan to penetrate overseas markets.

VietNamNet Bridge - The number of construction works granted green building certificates in Vietnam remains modest, but is rapidly rising.

VietNamNet Bridge - The anticipated oversupply and unclear legal status have prompted many investors to give up investments in condotel projects.