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.

Southern Key Economic Zone

The Ministry of Construction (MoC) has eliminated a proposal to implement a time limit on apartment ownership in its latest draft Housing Law.

Capital flow, legal bottlenecks, and removing policy obstacles in real estate are the main issues to be discussed by policymakers and experts in a roundtable themed held by Vietnam Investment Review on April 19.

Mergers and acquisitions involving foreign investors have been scarce in the property market this year, with many merely visiting and seeking information rather than striking deals.

Northern Key Industrial Parks

Having hold of a large amount of bad debts mortgaged by real estate, Vietnam’s four biggest State-owned banks are urgently recovering the debts, but the work remains tough for them due to the slowdown of the realty market.

On the morning of April 2, Khanh Hoa Provincial People's Committee coordinated with the Ministry of Planning and Investment and the Ministry of Construction to hold a conference to announce the planning and investment promotion of Khanh Hoa province in 2023.

Vietnam’s industrial property market is witnessing interest from global manufacturers, demonstrating its potential to become a production hub in electronics, technology, and high-value industries.