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Vinhomes to build half a million social housing units in five years

Vinhomes to build half a million social housing units in five years

Real estate giant Vinhomes plans to construct 500,000 social housing units over the next five years, its chairman Pham Thieu Hoa said in the annual general meeting Thursday.
HCMC apartment market slumps to a year low

HCMC apartment market slumps to a year low

Sales of new apartments in Ho Chi Minh City plunged 68 percent quarter-on-quarter to 1,385 units in the first quarter, the lowest in a year.
May 4, 2022 | 01:19 am PT
Vinhomes profits slips by 17 percent in Q1

Vinhomes profits slips by 17 percent in Q1

Property developer Vinhomes reported a 17-percent decline in profits in the first quarter to VND5.89 trillion (US$256.8 million).
May 3, 2022 | 10:52 pm PT
Vietnamese increasingly buying homes in US

Vietnamese increasingly buying homes in US

More and more Vietnamese and people of the diaspora in the U.S. are buying houses in that country as they grow increasingly affluent.
May 3, 2022 | 05:29 pm PT
HCMC housing prices soar by 40 pct

HCMC housing prices soar by 40 pct

Housing prices in HCMC and neighboring provinces increased by 42-46 percent year-on-year in the first quarter to US$7,580 and $2,630 per square meter on average.
March 31, 2022 | 11:07 pm PT
HCMC 'affordable' apartment prices soar 3-fold in 6 years

HCMC 'affordable' apartment prices soar 3-fold in 6 years

The price of grade C apartments in Ho Chi Minh City have skyrocketed to VND50 million (US$2,200) a square meter from VND18 million in 2016.
March 24, 2022 | 07:09 pm PT
Thuduc House chairman quits within one month of taking over

Thuduc House chairman quits within one month of taking over

Lu Minh Son, the interim chairman of HCMC-based housing developer Thuduc House, is set to quit after just a month at the helm.
March 14, 2022 | 09:40 pm PT
Hanoi workers living in subpar conditions

Hanoi workers living in subpar conditions

Right in the capital, thousands of workers from northern Vietnam survive in tiny apartments as living costs eat up their savings.
February 20, 2022 | 02:00 am PT
Ministry proposes 3-month rental support for contracted workers

Ministry proposes 3-month rental support for contracted workers

The labor ministry has proposed that workers renting apartments are supported with up to VND1 million ($43.88) a month for up to three months.
February 17, 2022 | 05:05 pm PT
College students rush to find accommodation

College students rush to find accommodation

Dinh Tue Tam has been spending about two hours every day with a group of friends scouting for rental houses after learning his school would reopen Feb. 28.
February 12, 2022 | 10:45 pm PT
Hanoi residential property supply hits five-year low

Hanoi residential property supply hits five-year low

Hanoi’s new residential real estate supply in the last quarter dropped to a five-year low of 4,500 units, aggravating housing shortage in Vietnam’s second biggest city.
January 25, 2022 | 04:47 pm PT
HCMC breaks ground on housing project for 3,000 workers

HCMC breaks ground on housing project for 3,000 workers

A social housing project to build 1,000 low-priced homes for around 3,000 workers began construction in HCMC's Thu Duc City Saturday.
October 30, 2021 | 09:57 pm PT
Apartment prices rise despite pandemic concerns

Apartment prices rise despite pandemic concerns

Apartment prices in northern Vietnam's primary market have increased for the 10th quarter in a row despite rising coronavirus concerns, a Savills report says.
July 4, 2021 | 03:39 am PT
New high-end apartment supply up 120 pct

New high-end apartment supply up 120 pct

In the first six months, 7,040 new high-end housing units were launched in HCMC, up 123 percent year-on-year, accounting for 59 percent of new supply.
July 1, 2021 | 06:15 pm PT
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