Hanoi (VNA)🦹 - Economists said the domestic real estate market is be🍒nefiting from stable macroeconomics.
The average consumer price index gained 0.63 percent in 2015, the lowest recorded since 2001. Likewise, home loan interest rates stayed low, encouraging the realty market to thrive.
According to the State Bank of Vietnam, credit growth stood at 18 percent last year, compared to between 12 and 14 percent recorded for 2012-2014. Despite a slight rise after the US Federal Reserve (FED) deciding to raise interest rates by 0.25 percentage points in early December 2015, Vietnam’s interest rates are projected to be stable throughout 2016.
These factors have brought realty investors a higher profit than the return made by their peers who invested in foreign currencies, gold or bonds.
Experts from the CBRE Vietnam believe the country will continue this growth based on its international connections. The trend has been reflected in increasing overseas capital being channelled into Vietnam, and with the growing number of free trade agreements between Vietnam and foreign partners. Meanwhile, the newly formed ASEAN Economic Community will contribute to boosting Vietnam’s competitiveness regionally and internationally.
These positive market occurrences will help local property market gain ground, particularly in the housing segment, noted Tran Ngoc Quang, General Secretary of the Vietnam Real Estate Association.
In 2015, Vietnam recorded 22.7 billion USD worth of foreign direct investment (FDI), 10.5 percent of which was poured into real estate. As such, the realty sector was ranked third in terms of FDI with the funds coming to 34 new and 12 existing projects.-VNA
The revival of the housing market has had a positive impact on the prices of shares of property companies, according to the Vietinbank Securities Company.
Real estate has reeled in 2.32 billion USD in foreign direct investment (FDI) as of the fourth quarter this year, ranking third among sectors that attract FDI.
HCM City's Construction Department has announced that it is cooperating with the HCM City Institute for Department and Research to survey the demand for social housing.
Strong recovery was seen in the Ho Chi Minh City housing market in 2015, particularly in the mid- and hi-end segments, according to an expert from CBRE Vietnam.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
Visitors at a real estate exchange (Photo: VNA)
