Property prices in Vietnam to rise 10 per cent in 2021

Legal bottlenecks should be removed for real estate development in Vietnam because all firms want a fair, open and healthy business environment. — Photo danviet.vn

HANOI (Vietnam News/ANN): Real estate prices in 2021 are expected to increase by 10 per cent over the previous year, said Nguyễn Văn Đính, deputy general secretary of the Vietnam Real Estate Association (VNREA).

Đính told a forum held yesterday that the Covid-19 pandemic affected the real estate sector, causing weakening demand in the market.