Tag: credit growth competition

In many countries worldwide, people living hundreds of kilometers away from cities commute daily via high-speed trains. Now, in Vietnam, the dream of spending days in the capital and nights by the sea could soon become a reality with Vingroup’s new railway line.

Ho Chi Minh City has unveiled a detailed auction plan for seven land plots within the Thu Thiem New Urban Area, including three plots that were previously auctioned but forfeited due to deposit defaults in 2021.

The Q3/2025 Housing Market Report by VIS Rating reveals a significant surge in real estate credit, reaching its highest level in years at 23.7% of total outstanding debt. Meanwhile, new supply has notably shifted towards the mid-range segment, particularly in Ho Chi Minh City and its surrounding satellite areas.