Decree No.25/2020/ND-CP (Decree 25) issued by the prime minister on February 28, 2020 has broken through the biggest obstacles facing real estate projects nationwide in land bidding and implementation.
With the market warming up at the end of last year, the number of real estate deals has also been on the rise thanks to soaring remittances.
At a meeting with the Standing Party Committee Ba Ria-Vung Tau, Novaland unveiled its pipeline of resort projects that would help maximize their location advantages and tap into the potential for sustainable tourism.
Banks have poured money in real estate projects in Vietnam, according to experts.
Government of Kien Giang province has granted investment licences to 18 investors in 20 property projects, with a combined investment of more than VND43.38 trillion ($1.86 billion).
The Japanese company Yaegaki, Inc. is expected to invest 50 million USD in the Vietnamese-based TMS Group’s real estate projects under a cooperation memorandum of understanding (MoU) signed between the two in Tokyo on July 1.
Global Real Corporation (Interhome) joined force with Lennar Corporation– the largest real estate group in the United States – to introduce real estate projects in the US to Vietnamese consumers.
Real estate projects that use public land in HCMC are now facing multiple obstacles as no specific measures or regulations are available to guide them. The municipal government has had to consult with competent agencies on problematic projects on a case-by-case basis.
Ho Chi Minh City (HCMC) authorities have warned about real estate projects that are making false advertising claims to cheat buyers.
The Binh Duong People's Committee has just issued a decision to withdraw 11 real estate projects in the area due to slow progress or unqualified investors.
TheLEADER - Hundreds of real estate projects in Ho Chi Minh City have been delayed by cumbersome administrative procedures and the authorities’ temporary halt on project approval.
To resolve bad debts, Sacombank has just decided to discount two real estate plots it previously put on sale by nearly VND1.812 trillion ($78.78 million).
Ho Chi Minh City’s Department of Construction is cooperating with relevant departments and agencies to develop an information technology application to publicize construction progress of real estate projects in the city.
Novaland Group recently held a meeting with over 150 business partners in the fields of financial banking, construction, material, and design and manpower consultancy to strengthen business relations. On the occasion, the property developer announced numerous projects to be carried out this year and signed strategic partnerships with many leading brands in Vietnam.