News

Banks need to make credit easily accessible to property developers and buyers, and cut costs to reduce loan interest rates, Prime Minister Pham Minh Chinh has said.

Based on the requirements of work and staff, Orient Success International Investment JSC., (OSI Holdings) has decided to appoint the Director of Project Management Division and Project Development Manager.

Government agencies need to resolve the issues plaguing the property market so that other markets, such as bond, can recover, Prime Minister Pham Minh Chinh has said.

Phan Cong Chanh, CEO of developer Phu Vinh Group, said the real estate market will pose more risks than opportunities for investors in 2023, adding that would-be investors should save their money instead of spending it.

Accordingly, from the first quarter of 2023, Savills Vietnam will begin to take over and perform professional work related to the management and operation of the housing area.

On the afternoon of January 11th, 2023, Orient Success International Investment JSC (OSI Holdings) and Song Nhue Asset Management JSC (SNC) held a conference to review business activities in 2022 and the business plan in 2023.

On December 24th, 2022, the Competition Council selected the architectural plan of the W-Grow Building Project (OSI Tower office building) at the H2CC1 land area, Tay Ho Tay urban center area, Xuan Tao ward, Bac Tu Liem district, Hanoi city had a meeting and conducted to select 04 options, from 3 domestic and international competition units.

Investors have paid greater attention to sustainable construction in real estate, especially green office, to satisfy the new requirements of tenants, according to experts from Savills Vietnam.

Secretary of the Hanoi Party Committee Dinh Tien Dung has asked for more concerted, drastic and effective measures to speed up the disbursement of investment projects, especially key ones.

The draft amended Law on Land removed the State-regulated land price table and aimed to set more market-based land prices.

The State Bank of Vietnam (SBV)’s decision to raise credit growth targets for banks is expected to create favourable conditions for businesses to lend capital, including real estate firms, according to experts.

The Vietnam Green Building Week 2022 is scheduled to take place in Ho Chi Minh City from October 13 – 14 with a focus on measures for realising Vietnam’s commitments made at the 26th UN Climate Change Conference (COP26).