The property market will continue recovering but experts told an online forum held by Dau Tu (Investment) newspaper recently that they do not expect breakthroughs in the second half of this year.
Hanoi (VNA) - The property market will continue recovering but experts told an online forum held by Dau Tu (Investment) newspaper recently that they do not expect breakthroughs in theꦰ second half of this year.
According to Tran Du Lich, a member of the National Monetary Policy Advisory Council, the market will not see significant developments in the remaining months of the year.
Lich expects the development of housing projects for low-income earners will improve in 2017, driven by the Government’s efforts to develop social housing projects.
He said it was necessary to warn about imbalanced development of the property market as there was abundant supply in the high-end segment but a shortage in projects for low-income earners. This must be given special attention, especially if banking credits continue to be poured into the high-end segment.
“If banking credits target housing development for low-income earners, we will not have to be worried much about a property bubble,” he said.
Vu Van Phan, Deputy Director of the Ministry of Construction’s Housing and Real Estate Market Department, said the ministry would check housing project plans nation-wide to decide whether they should be implemented or not in order to ensure a supply and demand balance, as, in fact, there might be an excess in the supply at the high end over demand.
According to Le Hoang Chau, Chairman of the HCM City Real Estate Association, although the market is on a recovery path, there are potential risks requiring developers to pay greater attention to affordable projects. Home buyers should also carefully check out the projects and developers’ capacity before buying.
The recovery of the property market will moderate in the second half of this year, Duong Thuy Dung, head of CBRE Vietnam’s Research and Consulting Department, said, adding that the market will see new sales but at similar rates to last year.-VNA
Regardless of Britain’s decision to either exit or remain in the European Union on June 23, Thais’ demand for properties in the United Kingdom will not be affected.
The domestic hospitality market has continued its strong recovery in the first half of this year, thanks to high supply and demand as well as support from positive property policies of the state, expe
The legal status and progress of properties will be made available to the public in order to reduce the risks for home buyers, according to an HCM City official.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
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.
Illustrative image (Source: VNA)
