Tag: gold SJC

Floating interest rates for home loans at banks have surged to 12-15% per year. Experts suggest that this increase in mortgage rates will curb real estate speculation, steering the market toward higher quality, stability, and long-term sustainability.

Many investors report holding their apartments for 4–5 years, so despite prices surging by over a billion dong in the past year, they’ve only broken even and haven’t turned a profit yet.

Attorney Bùi Văn Thành highlights that the most significant bottleneck remains in land acquisition. The 2024 Land Law mandates the state to handle land reclamation and clearance for industrial zone projects. However, in practice, negotiating with local residents continues to be extremely challenging.