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Property companies under the scanner, stop issuing bonds

Property companies under the scanner, stop issuing bonds

Property companies’ bond issuances came to a complete halt last month following the government’s orders to the central bank to monitor them closely.
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
Industrial land rent on the up thanks to Vietnam's post-Covid reopening

Industrial land rent on the up thanks to Vietnam's post-Covid reopening

Industrial parks in southern Vietnam saw a 9 percent increase in average land rent prices in the first quarter compared to the same period last year.
May 3, 2022 | 05:14 am PT
HCMC high-end office rents jump in Q1

HCMC high-end office rents jump in Q1

Grade A office rents in HCMC rose by 5.1 percent quarter-on-quarter to US$44.9 per square meter per month last quarter.
April 27, 2022 | 10:20 pm PT
Central bank turns off tap, limits loans for buying property

Central bank turns off tap, limits loans for buying property

The HCMC branch of the State Bank of Vietnam has instructed banks to limit loans for buying property as it seeks to prevent speculative bubbles in the market.
April 27, 2022 | 07:58 pm PT
Construction giant Hoa Binh eyes billion-dollar profit, overseas expansion

Construction giant Hoa Binh eyes billion-dollar profit, overseas expansion

Hoa Binh Construction should focus on expansion to increase its annual profits to US$1 billion and revenues to $20 billion by 2032, its chairman has said.
April 26, 2022 | 09:20 pm PT
Speculators win some, lose some in property bubble

Speculators win some, lose some in property bubble

As prices rise and fall rapidly amid rumors of future development in a "fever" spreading across Vietnam, some people are becoming rich overnight and others are falling into debt.
April 25, 2022 | 04:36 pm PT
Rental apartment investors exit market on gloomy demand, low returns

Rental apartment investors exit market on gloomy demand, low returns

Rental property investors have been selling off apartments in the past few years and switching to other assets as Covid-19 hit demand and dragged down returns.
April 22, 2022 | 01:05 am PT
Building materials, property prices rose in Q1: construction ministry

Building materials, property prices rose in Q1: construction ministry

Property prices rose by 1.5-3.6 percent in March, a survey by the Ministry of Construction found.
April 18, 2022 | 11:13 pm PT
Tan Hoang Minh to sell developments, refund bond buyers

Tan Hoang Minh to sell developments, refund bond buyers

Property developer Tan Hoang Minh Group, whose bond issuances worth VND10 trillion (US$437 million) authorities have canceled, said it would sell apartment projects to raise funds to refund investors.
April 14, 2022 | 07:37 pm PT
Tightening real estate loans can curb speculation, stabilize market: experts

Tightening real estate loans can curb speculation, stabilize market: experts

The tightening of real estate loans by commercial banks can curb speculation, help the market stabilize and avoid bubble bursts, some experts say, but others warn of downsides.
April 12, 2022 | 04:34 am PT
Tan Hoang Minh promises full refund after authorities cancel bonds issuance

Tan Hoang Minh promises full refund after authorities cancel bonds issuance

Property developer Tan Hoang Minh has pledged full refund to investors after authorities canceled the issuance of bonds worth VND10 trillion ($437 million) by the group.
April 5, 2022 | 05:41 am PT
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