New SBV regulations to help realty market grow sustainably

The State Bank of Việt Nam (SBV) has recently made public a draft circular on safety limits for banks and called for public comment on the proposed changes. The circular would tighten regulations on loans, especially in the high-end real estate segment. Nguyễn Quốc Hùng, director of the SBV’s Credit Department, talked with the media about the issue during a meeting last week

PM urges CapitaLand to create more added values in Việt Nam Prime Minister Nguyễn Xuân Phúc called on CapitaLand, one of Asia’s largest real estate companies headquartered in Singapore, to invest in Việt Nam.

Housing projects to see more inspections The Ministry of Construction and localities must conduct inspections on urban areas that may have violated their approved plans and issue strict punishments if violations are found, Deputy Prime Minister Trịnh Đình Dũng said at a National Assembly (NA) question and answer session on Wednesday.

Minister of Construction took the podium

NA deputies questioned Minister of Construction Pham Hong Ha on pressing matters, including housing price, regulations on condotel, officetel, low-income housing and planning quality.

Chinachem Contributes to The New Era of Co-Living Chinachem Contributes to The New Era of Co-Living

New policies needed to meet workers’ housing needs

HCM City is home to thousands of migrant labourers working in industrial parks (IPs) and export processing zones (EPZs), but its housing projects meet only a fraction of the demand for stable accommodations.

Precarious hillside houses pose threat to residents Many people had cleared forest land to build homes even though they knew this was forbidden.

Property developers not keen on workers’ housing Developers in the south are ignoring the workers’ housing segment despite the huge demand for it, analysts said.

Property market must shift towards low-cost housing: Construction Ministry The Ministry of Construction has proposed reforming administrative procedures to create favourable conditions for the development of low-cost, compact social and commercial housing.

HCM City to develop resettlement housing without state funds HCM City plans to develop social housing on its own instead of building new resettlement housing with state funds, according to the city’s People’s Committee.