At the scene, more than 30kg of drugs were seized, including three bricks of heroin, eight kg of methamphetamine, over 12kg of ketamine, tens of thousands of ecstasy pills, and hundreds of packages of liquid drugs.
Although apartment prices are no longer skyrocketing, this segment still records the best liquidity compared to other product segments in the real estate market.
The real estate market is widely expected to attract more investment in the near future due to many important driving forces, according to economist Can Van Luc.
Apartment prices in Hanoi have witnessed a significant surge of 20-33% within the first two months of the year. This surge has led to a hesitancy among apartment owners to sell their properties, as the market continues to experience upward momentum.
The Vietnam Association of Realtors has proposed allowing foreigners to purchase and own houses, including private houses and apartments, in Vietnam during the time they work in the country.
Hanoi’s real estate market in the fourth quarter of 2022 saw a better performance in the serviced apartment segment than in apartments sales, according to the Savills’ report on the Hanoi property market released on January 10.
The resumption of international flights and the borders reopening in March will not only benefit Vietnam’s hospitality sector but also drive demand for serviced apartments, according to Savills Vietnam.
The State-owned glass and construction ceramic corporation Viglacera began the construction of a complex of apartment blocks for workers at Dong Van 4 industrial park in the northern province of Ha Nam on May 19.
Many investors in HCM City are struggling to rent their apartments as the market continues its tepid streak that began in early 2016, according to the Dau Tu (Vietnam Investment Review) newspaper.
Real estate transactions stalled in February due to the Lunar New Year holiday, according to the Ministry of Construction’s Management Agency for Housing and Real Estate Market.
The local apartment-for-sale market, which saw positive developments in the first half of this year, is expected to maintain growth till the end of 2016, experts said.
The Hanoi Department of Natural Resources and Environment has decided to crack down on investors who delay the issuance of land use certificates, known as "red books", to home buyers.
The real estate sector reported a reduction of 1.75 trillion VND (77.8 million USD) in inventory in January from last month to an estimated value of 49.1 trillion VND (2.2 billion USD).
The Construction Ministry is drafting a circular about the classification of apartment buildings, which is drawing mixed opinions from both experts and developers.
Real estate inventory had an estimated value of 56.28 trillion VND (2.55 billion USD) by the end of October, down 40.4 percent compared with December 2013.
The northern province of Hai Duong is speeding up its social housing projects to provide accommodation for locals with low income, according to the provincial Department of Construction.
