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Housing price up in the Q2 due to lower new supply during pandemic: Minister
Housing price up in the Q2 due to lower new supply during pandemic: Minister

The domestic property market has continued to show steady increases in the second quarter of this year.

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Real estate market on firm basis in first half
Real estate market on firm basis in first half

Moves to slow the damage being done by the pandemic and curb resulting land fever issues have helped keep the fortunes of the domestic real estate market in good stead so far in 2021.

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New high-end apartment supply up 120 pct
New high-end apartment supply up 120 pct

In the first six months, 7,040 new high-end housing units were launched in HCMC, up 123 percent year-on-year, accounting for 59 percent of new supply.

 

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Apartment prices rise despite pandemic concerns
Apartment prices rise despite pandemic concerns

Apartment prices in northern Vietnam's primary market have increased for the 10th quarter in a row despite rising coronavirus concerns, a Savills report says.

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Real estate market expected to recover when pandemic is under control
Real estate market expected to recover when pandemic is under control

The COVID-19 pandemic has caused a slowdown in the property market but many experts believe this is only temporary and are pinning their hopes on a rebound once the virus is under control.

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HCM City official land-price remains unchanged
HCM City official land-price remains unchanged

Official land prices (called the coefficient or K coefficient) in HCM City will remain unchanged this year amid the rising cost of goods and challenges facing the economy, effective from June 18, according to Le Hoa Binh, vice chairman of the city People’s Committee.

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Work on HCMC’s Metro Line 2 expected to begin at the end of this year
Work on HCMC’s Metro Line 2 expected to begin at the end of this year

Despite the complicated developments of the Covid-19 pandemic, construction of the HCMC’s Metro Line No.2, connecting Ben Thanh Market in District 1 and Tham Luong depot in District 12, is scheduled to start at the end of this year while 85 percent amount of the total work of Metro Line No.1, connecting Ben Thanh Market and the Suoi Tien Theme Park in District 9, has been completed, announced the HCMC Urban Railway Management Board (MAUR).

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How Vietnam can remain a foreign investment sweet spot
How Vietnam can remain a foreign investment sweet spot

Foreign direct investment into Vietnam has grown exponentially in the last three decades. Thanks to its economic reforms and integration into the global economy, the country is now considered to be among the most open economies in Asia in terms of foreign investment receipts. In 2019, it recorded nearly $39 billion of newly registered capital.

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