Real estate enterprises and construction material producers continue to face difficulties, as Vietnam’s property market remains stagnant. The minister of construction, Trinh Dinh Dung, expressed concern over continuing challenges for the year ahead.
The industry reached a total industrial production of VD 283.3 trillion (US$1.3 billion) in the first half of the year. Y-o-y, this was an increase of 5.2 per cent. According to FazWaz.vn Vietnam property specialist, property prices of almost all market segments decreased and a number of transactions also slumped in the first half of the year. Continue reading “Overview of Vietnam’s property market” »