Closed real estate business increased by more than 40%
In the first 6 months of 2023, the number of real estate businesses withdrawing from the market had the highest increase among 17 sectors.
Real estate businesses have yet to escape difficulties
The number of newly established real estate businesses and registered capital declined deeply in the first half of the year, equal to less than half of the same period last year.
Real estate sector still in distress
HCMC – The real estate sector is not yet out of the woods as the number of newly established real estate firms and their registered capital has dropped to less than half of the figures recorded in the first half of last year. The number of enterprises entering the market and the newly registered
In the tourist season, how is the real estate market in Da Nang?
Although the supply of most real estate products in Da Nang is very scarce, the liquidity ratio is still extremely low.
Bracing for acquisitions
Mergers and acquisitions (M&A) activities are expected to be intense across various production and business sectors due to inflation, liquidity woes and the hardships faced by numerous businesses. This is an opportunity for M&A investors to secure better deals. Real estate sector Keppel
Pho Yen - 'Bright spot' of Thai Nguyen real estate
Pho Yen City (Thai Nguyen) welcomes the wave of urbanization with outstanding urban projects worth living, which meets living needs and have great potential for business development or profitable investment.
Construction Ministry to aid real estate market recovery
HCMC – Prime Minister Pham Minh Chinh has instructed the Ministry of Construction to assist in revitalizing the long-dormant real estate market, as current reports indicate that only 30-40% of property brokerages are able to remain operational. During the Government meeting held in May, the
Only 30-40% of real estate brokerages stay afloat – VARS
HCMC – The sluggish real estate market has left adverse impact on property brokers and developers nationwide, with operational real estate brokerages accounting for 30-40% of the total in late 2022. A market report released on June 6 by the Vietnam Association of Realtors (VARS) said 554 real
Some projects are starting to have liquidity again
After a long period of freezing, real estate has shown more positive signs; some projects have begun to have liquidity again. For the past 4 weeks, a project in Binh Tan, Ho Chi Minh City, has increased consumption in the primary market.
VND120-trillion package not for real estate rescue: Deputy PM
HCMC – The VND120-trillion credit package is not intended to rescue the struggling real estate sector but to achieve the target of building at least one million social homes by 2030, Deputy Prime Minister Tran Hong Ha said at a meeting held yesterday, May 24. The package is designed to support
Moving out of hibernation
The tight monetary policy and the corporate bond and housing market crash in the second half of 2022 resulted in a cash crunch in the real estate market. However, capital has begun flowing back to the housing market. Capital flows back Data from the Ministry of Finance showed that corporate bond
The basis on which Vinhomes set a record revenue target of 100 trillion VND for 2023
Vinhomes was surprised with its business plan to grow up to 60% of revenue despite the challenging real estate market.