HCM City (VNA) – A recent roundtable in Ho Chi Minh City discussed measures to support and promote the real estate market🐻 development.
Addressing the event, Director of the Department of Housing and Real Estate Market Management under the Ministry of Construction Hoang Hai said the State has issued policies aimed at removing obstacles for real estate enterprises, creating favourable conditions for accelerating the implementation of projects, thereby promoting healthy and transparent capital flows and market development.
Hai highlighted that amendments and supplements in the Real Estate Business Law, the Land Law 2024, the Housing Law, and the Law on Credit Institutions recently approved by the National Assembly aim to ensure alignment with the current reality, remove existing limitations, and uphold constitutional integrity, consistency, and coherence among these laws and other related ones, towards effectively using economic tools to promote the development of the housing and real estate market.
Le Hoang Chau, chairman of the Ho Chi Minh City Real Estate Association, said removing legal obstacles will help create an abundant supply which will help adjust the market trend, stressing the need to have a consistent legal framework to shift towards a green, ecological, healthy, and environmentally friendly real estate market with integrated utilities.
Regarding real estate credit sources, representatives from the State Bank of Vietnam’s office in HCM City said that in the context of low capital absorption in the economy, the growth of the real estate market will have positive effects on other sectors, including banking credit activities.
The positive signs from the real estate market in recent months and the growth of real estate credit reflect these influencing factors and indicate a growth trend in the time to come, they said./.
The domestic real estate market has bottomed out and is gradually making a U-turn, promising a brighter outlook this year with mergers and acquisitions (M&A) bouncing back.
The real estate sector has been bustling with a series of positive signs, as some resort projects are reactivated, industrial ones implemented, and new housing supply entering the market.
The industrial real estate market, particularly in the southern region, held steady in the first months of this year, which experts said was mainly thanks to rebounding imports and exports, and increasing influx of foreign investment.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
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The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
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According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
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The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
