News

Vietnam’s property market, including the industrial, residential and office segments, saw vibrant merger and acquisition activities in the first seven months as companies pour big bucks into potential projects.

Prime Minister Pham Minh Chinh has called for “flexibility” in providing credit to the property sector.

Positive changes in the real estate sector are crucial if the country wants to meet its green growth targets. Along with construction, the sector is the source of nearly 40% of carbon emissions in the world and consumes about 36 percent of total power generated globally, according to experts.

On August 14th, 2022, in Ha Long city, Quang Ninh province, Orient Success International Investment JSC., (OSI Holdings) successfully held a conference to review business activities in the first 6 months of the year and the business plan for the last 6 months of 2022.

Office real estate is thriving, with new Grade A buildings entering the Hanoi market at the end of the year, according to Savills Vietnam.

Prime Minister Pham Minh Chinh underlined the need to pay special attention to removing “bottlenecks” on the real estate market while chairing an online conference on July 14 on measures to ensure safe, healthy and sustainable development of the property market.