Real estate loans make up 1/5 of total outstanding loans in Vietnam
InvestmentThe 14.58% growth rate is higher than the average credit growth of the economy.
Real estate transactions fall on tightened property loan control
MarketAs the State Bank of Vietnam has tightened the control over real estate loans to ensure sustainable development of the market and safety of the banking sector, property transactions have fallen down in both Hanoi and Ho Chi Minh City in the first six months of the year, experts said at a recent meeting in Hanoi.
Real estate firms issue bonds to raise capital
InvestmentAs the State Bank of Vietnam (SBV) has ordered tight control over real estate loans by credit institutions, property firms and developers have to seek alternative ways to raise their capital, and many of them have decided to issue bonds to fund their business.
Central bank asks for tightened control over real estate loans
PolicyThe State Bank of Vietnam (SBV) has asked for the control over real estate loans by credit institutions to be enhanced, especially in areas showing signs of land price fever.
