Propery market challenges to continue


Real estate transactions have plummeted by 90% over the past year, said Vietnam Real Estate Brokers Association chairman Dinh. — Vietnam News

HO CHI MINH CITY: Despite the Vietnamese government’s efforts to address them, the challenges for the property market will continue until the end of next year, experts warn.

Speaking at a forum, Nguyen Van Dinh, chairman of the Vietnam Real Estate Brokers Association, said the market continues to struggle with limited access to capital, legal bottlenecks and companies’ inability to redeem bonds.

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