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).
Amid the central bank’s tight money policy and with the bond market screeching to a halt, many real estate companies thus find themselves cut off from sources of funds.
Deputy Governor of the State Bank of Viet Nam, Dao Minh Tu, announced at the Government’s March press conference that credit growth in the first quarter of the year had been 5.04 per cent, much higher than the 2.16 per...
The COVID-19 pandemic has prompted developers of commercial buildings, apartments and residential areas to embrace digital transformation and adopt digital technologies in their projects, a conference heard in HCM City on December 16.
There always has a need for buying real estate and constantly changed. Many people whose money and do not know sectors to invest in would choose property as a safe haven, thereby helping estate prices still increase despite of the...
Nguyen Quoc Hung, director of the State Bank of Viet Nam’s credit department, recently told the media that banks have plentiful liquidity and are ready to lend to risky areas including the property sector.
The tourism property sector has great potential for growth thanks to the rapid growth in the tourism industry, a forum heard in HCM City last Saturday.
With banks tightening credit to the property sector, developers should look at the stock market for capital, experts told a workshop on “Potential and opportunities for investment in property stocks” on Friday.
Last year saw a lot of merger and acquisition (M&A) activities in the Vietnamese property sector, with transactions totalling US$1.5 billion and the participation of many major foreign players.
Recently the State Bank of Viet Nam (SBV) told credit institutions to
restrict loans to real estate projects to reduce risks and credit
concentration in a single sector.