The Ministry of Construction (MoC) has proposed that real estate projects must sell their products on real estate trading floors, according to the draft amending the Law on Real Estate Business.
The HCM City branch of the State Bank of Viet Nam has asked credit institutions to tighten the management on credit flow into the real estate sector and the transfer of money collected from real estate transactions abroad.
The prolonged impact of the COVID-19 pandemic has made digital tools such as livestream, augmented reality (AR) and virtual reality (VR) become more popular in real estate transactions, contributing to increasing property values.
The domestic real estate market in the fourth quarter of this year is forecast to see the strongest increase in transactions in the year, higher than the transaction volume in the same period of 2017.
Real estate transactions slowed down in February because of the Lunar New Year holidays, the construction ministry’s Management Agency for Housing and Real Estate Market has said.