Below are the top 10 outstanding activities of the Vietnam National Real Estate Association in 2019.

The real estate market in 2020 is likely to face multiple challenges, Nguyen Tran Nam, chairman of the Vietnam National Real Estate Association (VNREA), told the 2019 Vietnam Real Estate Forum on November 27.

Despite facing difficulties and challenges, the Vietnamese real estate market is developing stably, positively, and professionally.

Vietnam’s tourism property market has the potential for strong development, but utilities and services are needed to attract investors, heard a seminar organized by the Vietnam National Real Estate Association this week.

Hanoi expressed high appreciation towards the activities of the Vietnam National Real Estate Association (VNREA), not only serving the legitimate and justified needs of its members, but also creaing an engaging ‘playground’ for businesses.

At the 3rd Executive Committee Meeting of the Vietnam National Real Estate Association (VNREA), Mr. Nguyen Tran Nam reaffirmed that Vietnam’s real estate market is in a quiet and less favourable context.

The local real estate market has shown signs of deceleration so far this year, partly because of limited bank credit for the market, according to experts.

On June 3, at the office of the Vietnam National Real Estate Association (VNREA), President Nguyen Tran Nam had a working session with representatives of the French Development Agency (AFD) on green buildings development.

An insider has predicted a good outlook for the property market in the medium and long terms despite signs of decline in recent months.

The domestic industrial real estate market has been forecast to develop strongly and become an attractive segment for investors this year and beyond.

Geographic location, policies and incentives in drawing foreign capital inflows have formed robust status for Vietnam`s industrial real estate.

The Vietnam Industrial Real Estate Forum 2019 revolved around the issues and impacts of current context and policies on industrial property.

Along with the ceremony honouring the winners of VIR’s real estate poll, VIR held the “Real estate Trends in 2019” seminar with the participation of experts, leaders of the Vietnam National Real Estate Association, the Vietnam Association of Realtors, and leading developers.

On Lunar New Year 2019, Vietnam National Real Estate Association (VNREA) held a meeting with leaders of news agencies, together participated in informing and propagating activities of the real estate market and operation of the association.

“In 2019, the real estate will be more organized and stable. Despite the lack of supply, housing products are sufficient and mid- to long-term demand is quite good”, President of Vietnam National Real Estate Association Nguyen Tran Nam said.