Officials question housing inventory surge

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Báo Thanh Niên English 1 week(s) ago

Officials question housing inventory surge

New statistics show that real estate inventory rose sharply over the first quarter despite a lag in new projects, but officials suggest that last year’s stats may have ignored unfinished units while this year’s included all planned housing.

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VND30-trillion real estate bailout to take effect

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VOV News English 2 week(s) ago 1 related news

VND30-trillion real estate bailout to take effect

(VOV) -The Government has granted a credit stimulus package, amounting to VND30 trillion (nearly US$1.5 billion), to shore up the real estate sector.

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Developers lukewarm to home-for-rent segment

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SaigonTimes English 1 month(s) ago

HCMC – Many developers have ignored the idea of converting commercial condos into home-for-rent facilities as proposed by the Ministry of Construction in a petition just submitted to the Government, as the conversion is said to be not commercially viable.

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Vietnam cancels, halts cement projects over supply surplus

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Báo Thanh Niên English 1 month(s) ago

Vietnam cancels, halts cement projects over supply surplus

Ha Tien cement factory in Kien Giang Province, one of nine projects canceled under a new government decision to balance supply and demand. Photo courtesy of VnEconomy

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Hanoi's real estate trading floors have tough year

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VietnamPlus English 3 month(s) ago 1 related news

More than half of the real estate trading floors in Hanoi halted operations or did not have any successful transactions in 2012, according to the city Department of Construction’s report.

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Ha Noi's real estate trading floors have tough year

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VietNam News English 3 month(s) ago 1 related news

More than half of the real estate trading floors in Ha Noi halted operations or did not have any successful transactions in 2012, according to the city Department of Construction's report.

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Coordination needed to make master plan go

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Báo QĐND English 3 month(s) ago

Coordination needed to make master plan go

Photo for illustration. dddn.com

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Minister in the dark about state of real estate market

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SaigonTimes English 4 month(s) ago

HANOI – There have been no complete statistics on the actual state of the real estate market, especially financial contributions of homebuyers to the ongoing projects, Minister of Construction Trinh Dinh Dung said on Thursday.

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Ministry proposes tax cuts to help realty sector

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Báo Tuổi Trẻ English 4 month(s) ago

Ministry proposes tax cuts to help realty sector

The Ministry of Construction has listed a series of solutions to ease the difficulties facing the real-estate sector, including slashing taxes for both home investors and buyers.

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Denmark firm sues Vietnam over tardy ODA project

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Báo Tuổi Trẻ English 6 month(s) ago

Denmark firm sues Vietnam over tardy ODA project

Vietnam’s project management board in Bac Giang City in the north has to pay EUR1.15 million (US$1.4 million) in compensation to a Demark contractor for finishing an ODA-funded environmental project one year later than planned.

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PPP Steering Committee established

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Báo Tuổi Trẻ English 7 month(s) ago

PPP Steering Committee established

PM Nguyen Tan Dung has decided to establish the Public-Private Partnership Steering Committee led by Deputy PM Hoang Trung Hai.

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Two construction conglomerates disbanded

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SaigonTimes English 8 month(s) ago 1 related news

HANOI – The Government on Tuesday officially disbanded Song Da Corporation and Housing and Urban Development Corporation (HUD), saying the pilot scheme to set up State conglomerates had been finished.

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Real estate market takes long-term view

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VietnamPlus English 10 month(s) ago 1 related news

The domestic real estate market will continue to suffer difficulties in the short term and the market needs more policies to help it make a profit in the long term, said experts.

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Market takes long-term view

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VietNam News English 10 month(s) ago 1 related news

The domestic real estate market would continue to suffer difficulties in the short term and the market needed more policies to help it make a profit in the long term, said experts.

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Cement industry urged to co-operate

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VietNam News English 11 month(s) ago 2 duplicate news

Cement companies need to co-operate with, instead of undercutting each other, to liquidate their large inventories through exports, the Ministry of Construction has said.

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