Vinhomes Central Park in HCMC (Source: vinhomecity.vn)

Ministry urges strengthening of anti-money laundering in realty

The Ministry of Construction has recently requested the Departments of Construction in cities and provinces to urge enterprises in the real estate sector to report suspicious transactions and cash transactions worth VND300 million (US$13,000) and above.
An incomplete real estate project in Nha Be District. (Photo: SGGP)

Real estate firms head over heels in debt

This year is expected to be an extremely difficult year for real estate sector in Ho Chi Minh City as there are a few projects approved; credit pumping into real estate is tightened; projects originated from public land are halted or their legal procedures are rechecked. As a result, debts of real estate firms have become greater with a large amount of inventories.
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: tapchitaichinh.vn)

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.