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Taxes on second property require cautious, balanced approach

Taxes on second property require cautious, balanced approach

Just last week, the Vietnam Association of Real Estate Brokers (VARS) called for additional taxes on second properties and unused land lots, especially on apartments.
Việt Nams real estate market among most promising in Asia-Pacific: Knight Frank

Việt Nam’s real estate market among most promising in Asia-Pacific: Knight Frank

Việt Nam’s residential market attracts HNWIs and investors, boosted by GDP growth, urbanisation, and its “China+1” role, Knight Frank reports.
Winners of the 10th PropertyGuru Vietnam Property Awards announced

Winners of the 10th PropertyGuru Vietnam Property Awards announced

Outstanding real estate developers in Việt Nam were honoured for their achievements in 51 categories, including titles awarded for the first time, at the 10th PropertyGuru Vietnam Property Awards in HCM City on November 15.
VN, RoK cooperate to combat counterfeits, protect consumers

VN, RoK cooperate to combat counterfeits, protect consumers

Representatives from ten Korean companie shared insights on brand violations in various markets, including Việt Nam.
Land auctions fetch higher prices in new capital citys districts

Land auctions fetch higher prices in new capital city's districts

Hà Nội’s property market continued showing signs of recovery as successful land auctions fetched higher prices, with residents voicing concerns over inflated prices. 
Property sector remains vulnerable to money laundering: SBV

Property sector remains vulnerable to money laundering: SBV

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).
Domestic property market has only 40,000 licensed brokers

Domestic property market has only 40,000 licensed brokers

The association said that the real estate market normally has about 300,000 - 400,000 practising brokers. After the 2023 Real Estate Business Law officially took effect, individual brokers must have certificates.
Ministry proposes tax on owners of more than one real estate property

Ministry proposes tax on owners of more than one real estate property

The Ministry of Construction has proposed tax to be imposed on owners of more than one real estate property in an effort to prevent speculation, according to the ministry’s recent report to the Government Office about real estate prices.
Property developer Novaland flagged over biannual report delays

Property developer Novaland flagged over biannual report delays

This move followed the property developer''s failure to submit its biannual financial reports for the year 2024, within the stipulated time frame.
Việt Nams property market remains resilient: CBRE

Việt Nam's property market remains resilient: CBRE

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.
State will regulate property market if prices increase by 20%

State will regulate property market if prices increase by 20%

Intervention in response to increases in the real estate transaction price index, is one of important contents of Decree 96/2024/NĐ-CP (Decree 96), effective from August 1.
New foreign ownership restrictions in Vietnamese property market

New foreign ownership restrictions in Vietnamese property market

For apartment complexes with multiple blocks sharing a common base, foreign ownership is capped at 30 per cent of the units in each block.
New laws aim to resolve property markets issues

New laws aim to resolve property market's issues

Three major new laws related to property ownership, recently approved by the National Assembly, are expected to bring about changes to the market, said business insiders and experts.
PropertyGuru adds new award categories

PropertyGuru adds new award categories

The 2024 edition of the PropertyGuru Vietnam Property Awards has added several new categories including "Developer of the Decade" to mark the 10th anniversary of the awards.
Bình Dương Province starts construction of most modern automated sorting centre

Bình Dương Province starts construction of most modern automated sorting centre

The southern province of Bình Dương began construction of an automated sorting centre yesterday that will be the most modern facility in the region when finished.