Techcom Viet Nam Real Estate Investment Trust (TCREIT) made debut on the HCM Stock Exchange (HOSE) yesterday under the code FUCVREIT and selling at a par value of VND10,000 (44 US cents) per fund certificate.
Following a recent draft amendment to a Decree, investors might be
allowed to contribute capital to a real estate investment trust (REIT)
in the form of property assets, besides cash.
Viet Nam should provide conditions for the proper development of real
estate and finance such as Real Estate Investment Trust (REIT) along
with real estate business projects.