John Gallander, director of Savills Hanoi, talks with Viet Nam News about perspectives of real estate market this year.

The Ministry of Construction has given permission to the developers of 12 housing projects in HCM City to convert them into low-income housing, according to the city Department of Constructi [ … ]

Doubts have been raised whether if the VND30 trillion package can save the sinking real estate market. VND30 trillion is believed to be just a “grain of salt in the ocean.”

About 30-40 per cent of real estate projects should be closed to ensure a balance between supply and demand, according to the Ministry of Construction.

The local realty sector, after having a representative propose an unfeasible plan aimed at lightening their burden of unsold inventories, might breathe a sigh of relief as the state will try [ … ]

Becamex Tokyu Company Ltd, a Viet Nam-Japan joint venture, began selling apartments in its first real estate project in the country on Wednesday.

The project to rebuild the Nguyen Cong Tru residential buildings in Hai Ba Trung district, Ha Noi was officially started yesterday morning.

The property market remains gloomy and requires combined efforts by relevant players, including a restructure of investments by developers to recover, analysts said.

Although many solutions aimed at resolving the problems facing the frozen real estate market have been proposed, analysis from the macro-economic report for Q1/2013 suggests that the trouble [ … ]

Merger and acquisition (M&A) deals in the real estate industry were forecast to continue thriving this year, according to industry insiders.