Many housing projects are under construction in Nha Be District in Ho Chi Minh City. (Photo: SGGP)

City-based real estate firms shift investments due to difficulties

Ho Chi Minh City-based real estate enterprises have shifted their investments to other provinces as the city has limited licensing of new projects and tightened control on investment procedures along with a used-up land fund, especially in the inner city area.
In 2017, Japan has replaced the Republic of Korea as the largest foreign investor in Việt Nam in general, and in the real estate market in particular. (Photo:

Japan invests big in Vietnamese real estate

Vietnam’s real estate sector has witnessed significant participation from Japanese investors through cooperation with Vietnamese businesses recently, promising to bring benefits to the real estate market.
Apartment blocks in HCMC (Photo: SGGP)

Nearly 11,000 real estate firms established in eight months

The HCMC Department of Planning and Investment reported that 26,614 businesses were established during the first eight months this year with the total registered capital of VND148,396 billion (US$6.53 billion).
Real estate market is on strongly developing trend. The photo shows buildings in HCMC (Photo: SGGP)

Real estate market to see big changes after mid August

Trading, merging and transfer activities of property projects will develop more strongly than before after August 15 when the National Assembly’s resolution on tackling bad debts becomes effective, reported HCMC Real Estate Association.
A land plot offered for sale in Bung Ong Thoan street, Phu Huu ward, district 9 (Photo: SGGP)

Real estate market reduces fever in HCMC outskirts

Land price has reduced fever in HCMC outskirts after city leaders required police agency to investigate land price fever and tackle brokers for spreading false rumors to rocket the prices and make profit.
 Real estate businesses’ registered capital highly increases in HCMC during the first four months this year (Photo: SGGP)

Registered capital of real estate firms highly increases

HCMC recorded 12,088 domestic firms established with the total registered capital of VND132,600 billion (US$5.83 billion), in which real estate firms’ funds was highest accounting for 38 percent of total in the first four months this year.