The real estate market of Việt Nam showed signs of recovery in a more balanced development in the second quarter of this year, with increases in the number of successful transactions of apartments, houses and land, according to the report of the Ministry of Construction.
Accumulated and idle money of local people is continually flowing into banks in the context of increasing savings interest rates and rising risks of other investment channels amid the global uncertainties.
According to the Hà Nội Department of Construction, there are nearly 18,000 resettlement apartments in the city, most of which were already paid for by homeowners or allocated for resettlement projects, with the remaining 400 uninhabited.
Recruiting demand from retailers is on the rise in the third quarter of this year as employers are accelerating the operations of new stores to compensate for ones closed last year, according to a report released by recruitment service provider Navigos Group.
Businesses and individuals seeking to profit from land and property investments in areas near infrastructure projects have been warned about the risks of committing before the full project details become clear.
During a conference chaired by Prime Minister Phạm Minh Chính on Monday to discuss measures to expand social housing facilities for workers and low-income earners, major enterprises and groups in Việt Nam committed to build more than 1.2 million houses under social housing projects by 2030.