Tag: banks

On July 26, The Legend Danang, a highly anticipated real estate project, made its grand entrance into the dynamic market of Danang. With the city's property scene experiencing a remarkable surge, the project's prime location right next to the iconic Dragon Bridge has captivated the attention of discerning investors and homebuyers alike.

The Finance Ministry's proposal to impose a 20% tax on property transfer profits has received support from the Ministry of Construction as a measure to curb property speculation. However, experts argue that without a clear roadmap for the taxation process, the market could face adverse effects.

A total of 50 investors, including consortia, have submitted proposals to develop six social housing projects in the southern province of Dong Nai, mostly in the old Bien Hoa area. The projects, with a total investment of over VND6.8 trillion ($292.6 million), will be built on more than 13 hectares of land.