New partnership to reduce greenhouse gas in building The German Development Co-operation-GIZ Việt Nam and the Ministry of Construction’s Housing and Real Estate Market Management Bureau (HREM) have signed a Memorandum of Understanding (MoU) for co-operation on the joint development of the Vietnam Green Housing Programme (VGHP) under the implementation of the Programme for Energy Efficiency in Buildings (PEEB) in Việt Nam.

Foreign companies’ expansion plans in VN An increasing number of multinational corporations are planning to increase their investment in Việt Nam, providing opportunities for domestic companies to enter global value chains.

HCM City in need of more affordable housing

HCM City is expected to need an additional 160,000 social housing apartments in the next decade to meet its rising population and demand for affordable housing, according to the city’s Department of Construction.

Experts gaze into crystal ball: Property prices to bottom by mid-2021 The Vietnamese property market is expected to slow down, with prices starting to drop by the end of this year and hitting the bottom by mid-2021, creating opportunities for home buyers sitting on cash, experts have forecast.

Britain to reveal post-coronavirus recovery plan Britain will on Wednesday unveil a mini-budget to kickstart the UK economy, hoping costly infrastructure investment will help build its way out of the crisis caused by the coronavirus outbreak.

Domestic property market faces uncertainty

The domestic real estate market is hoped to have growth in the fourth quarter of this year and before the Lunar New Year 2021 if, by this year-end, the domestic economy is restored to levels from before the COVID-19 pandemic.

State to encourage construction of cheap apartments

The State will employ policies to encourage the development of cheap commercial houses to remove difficulties for the real estate market and enterprises due to the COVID-19 pandemic.

APAC Realty Eyes Asia’s Top Property Hotspot with Strategic Investment in ERA Vietnam APAC Realty Eyes Asia’s Top Property Hotspot with Strategic Investment in ERA Vietnam

Work begins on $96.3m industrial park in Bắc Ninh

Invested by State-owned Viglacera Corp, the park will cover 221ha in Yên Phong District. It aims to attract multi-sector investment, mainly processing and manufacturing, high technology and non-polluting industries.

Affordable homes still a dream for many Vietnamese workers

Only 28 per cent of industrial zone workers are provided with stable accommodation, while the rest have to rent houses with poor sanitation and infrastructure.