Việt Nam''s property sector remains vulnerable to money laundering with the risk of money laundering activities in the sector being high, said the latest report by the State Bank of Vietnam (SBV).
Despite global uncertainties, Việt Nam, with its strong fundamentals, continues to remain resilient and attractive to foreign investors, as confirmed by the property research firm CBRE.
Viet Nam''s property market will see more sale launches and transactions in the second quarter of this year, the Viet Nam Real Estate Association has forecast.
The Vietnamese property market is entering 2016 after witnessing
recoveries of firms in 2015, driven by macroeconomic improvements and
policies of openness.
Viet Nam''s property market is on the path to recovery and promises to
remain busy in the last few months of the year, the Viet Nam Real Estate
Association said.
The first ever property awards followed by a gala dinner to honour the
country''s top developers, finest current developments and resort
destinations will be held at the Intercontinental Asiana Saigon Hotel in
HCM City next month.
While Viet Nam''s property market is sluggish, Thu Duc Housing
Development Corp has decided to invest in agriculture business as a
subsidiary to the major business line, company chairman Le Chi Hieu told
the Doanh Nhan Sai Gon (Sai Gon Entrepreneur) newspaper.
A seminar on Viet Nam''s property market, titled ‘Why Viet Nam now?'',
was held in Seoul, South Korea, to build on growing interest from Korean
developers in Viet Nam''s anticipated recovery.