Enterprises must not exploit the current supply shortage to inflate prices, create artificial values, or circulate unverified information to incite speculation and profiteering, which could destabilise the market.
While Hanoi remains the economic driver in finance, logistics and innovation, neighbouring localities are evolving into manufacturing and logistics belts, supplying land, labour and support services, particularly for high-tech industries.
Vietnam’s real estate market has been showing signs of recovery despite current challenges faced by the sector this year, according to the Vietnam Real Estate Association (VNREA).
The economic forecast for 2025 reveals great potential, but also shows challenging investment prospects, especially in the context of fluctuations in global geopolitics and the economy.
Many experts on the property market proposed cutting interest rates of loans for investing or buying social housing products to 4.5-6% per year from 8.2-8.7% at present.
Digital transformation in the real estate sector is an inevitable trend that will boost sales of products and services in the industry, heard a forum organised in Hanoi on December 13.
Digital transformation is no longer an option but a mandatory trend for real estate enterprises to overcome difficulties and contribute to promoting the formation of a healthy, transparent, and sustainable market.
As a growing number of companies in the real estate industry are embracing technology to promote their sales since the pandemic, investments are flowing into proptech start-ups to capture the opportunity.
Real estate prices in 2021 are expected to increase by 10 percent over the previous year, said Nguyen Van Dinh, deputy general secretary of the Vietnam Real Estate Association (VNREA).
There is a trend of real estate developers moving their investments from big cities of Hanoi and Ho Chi Minh City to other localities, experts have said.
A policy allowing foreign individuals and organisations to buy and own houses and construction works in Vietnam will help lure investment and high quality human resources from the outside to the country for national development, according to Nguyen Tran Nam, Chairman of the Vietnam Real Estate Association.
The Vietnam Real Estate Association has proposed the Government develop measures with a focus on credit and tax support, together with improving the legal framework for new property products so as to aid the property market to overcome this difficult period.
The Vietnam Real Estate Association (VNREA) held a conference in Hanoi on February 18 to discuss difficulties in mechanisms and policies faced by businesses and investors.
Vietnam was in urgent need of policies to develop a transparent and sustainable agricultural land market to attract more investment in the farming sector, according to the Vietnam Real Estate Association.
Local demand for real estate products with long-term ownership exceeds supply as most of Vietnamese people prefer this kind of deal, experts said during a recent conference.
Vice Chairman of the Vietnam Real Estate Association (VNREA) Nguyen Manh Ha has stated that there is still room for resort real estate to develop, especially in new markets.
