Tag: POF

Mr. Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association, asserts that to effectively lower housing prices, the primary focus must be on reducing costs across the board. This includes land use fees, construction expenses, and input costs such as sand, gravel, steel, cement, electricity, and fuel. Additionally, Mr. Chau emphasizes the need to reduce a critical yet often overlooked cost: compliance expenses associated with legal and regulatory requirements.

According to the State Bank of Vietnam, as of July 31, 2025, the outstanding real estate credit balance has surpassed 4.1 quadrillion VND.

According to Mr. Nguyen Van Dinh, Chairman of the Vietnam Association of Realtors, the opportunities presented by cheap capital come with the risk of a bubble, requiring investors and businesses to remain vigilant against speculative spirals.