Buyers of condotels, officetels and resort villas can have ownership certificates from May 20 under a new decree guiding the implementation of the Land Law.

Japan retailer AEON is set to open more shopping centers in Vietnam and expand the import of Vietnamese goods for distribution in Japan.

Real estate remains a keen channel for investors to get interested in across the country, despite the current fluctuations in the market.

Many localities want to expand high-tech industrial parks to resolve the overload of existing parks and simultaneously welcome new high-quality capital.

Although a new decree will allow the issuing of ownership certificates to condotels, experts say the regulations will still be inadequate and need to be supplemented in the near future to create a good enough legal corridor for the thousands of condotels in the market.

The government has again proposed a policy to tax owners on second properties in a draft law submitted to the National Assembly.

Retail spaces in HCMC’s shopping centers have mostly been filled in Q1 while street-front houses continue to stay empty, according to industry insiders.

Many property developers are planning asset and stock sales as they look to slash debts, restructure business and stay afloat, which is expected to lead to a surge in M&A deals in the market.

In addition to finding a means to recover the real estate market, Vietnam's current concern is preventing hazards to the banking and financial systems.

Dr. Can Van Luc, a member of the National Financial and Monetary Policy Advisory Council, gave his view on the real estate sector during the VIR-held seminar "Untangling Real Estate: Promoting Growth" on April 19.

In an effort to address the ongoing challenges faced by the domestic real estate market, an approach encompassing legal, administrative, and financial solutions is urgently required, particularly in the realm of credit.

Affordable apartments, priced at VND20-40 million (US$850-1,700) per square meter, are making a comeback in Ho Chi Minh City after disappearing for several years.