King Broker, a community of real-estate brokers, has announced to expand their operation in 63 provinces and cities in the coming time, according to Trinh Nguyen Tuan Anh, founder of King Broker.
Regulations banning the use of profits from property alienation to
cover losses in other businesses discourage property firms from
expanding their investments and make tax policies seem unfair, experts
said.
Property brokers must pass examinations to get certificates to
practise, according to the Circular 11/2015/TT-BXD issued by the
Ministry of Construction recently.
The Viet Nam Association of Property Brokers made its debut yesterday in
Ha Noi. The association represents individual brokers, real estate
trading floors and brokerage companies.
Although the new land price framework in HCM City has only recently
taken effect, some brokers have taken advantage of the change to
increase property prices, according to Thoi bao kinh te Sai Gon (Sai Gon
Economic Times) newspaper.