Policy - Regulation

Although the real estate market in Vietnam has warmed up in some segments, the overall development remains weak and slow. To increase liquidity, many investors continued to launch promotions to attract customers. Supporting buyers to borrow low-rate bank loans is a popular enticement used by many investors.

HA NOI (HomeID) — The state has offered credit packages for the local real estate market and will amend more regulations and policies to promote further recovery in the local market, noted experts.

HA NOI (Homeid)— The Ministry of Construction's proposal to further loosen regulations on foreigners' rights to buy houses in Viet Nam was expected to heat up the prolonged frozen property market.

HCM CITY (Homeid)— The Ministry of Construction has proposed several measures to ensure 75 per cent of houses in the country are built of brick and mortar by 2020, Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times) newspaper reported.

HCM CITY (Homeid)— Six commercial banks on Tuesday signed loan agreements worth more than VND255 billion (US$12.14 million) with 17 enterprises and four households in District 11.

HCM CITY (Homeid)— Banks are pessimistic about their profitability this year, with several indicators in steady decline, according to the central bank.

(Homeid) — The Government's VND30 trillion (US$1.44 billion) bank loan package targeting low income property customers is expected to warm up the domestic real estate market.

HA NOI (Homeid) — The Ministry of Construction recently approved the first ten real estate companies for its VND30 trillion (US$1.42 billion) loan package.

HA NOI (Homeid) — The Ministry of Construction aims for Viet Nam to master sophisticated construction technologies by 2030, including building skyscrapers and underground and sea projects.

(Homeid) — On May14, 2013, the Government issued Decree No. 49/2013/ND-CP guiding the implementation of a number of Articles of the Labour Code on wages.