The market steadies and shifts to a tug-of-war around the reference point after a sudden surge of selling pressure. VN-Index's 0.65% dip indicates an impending adjustment, reflecting investor caution amidst unpredictable dynamics.
The real estate market, particularly for land plots, is experiencing a lull in several provinces. Following prolonged speculation about provincial mergers, prices and liquidity are now taking a downturn.
The prime land plots in Thu Duc City, Ho Chi Minh City, have been appraised and given a reserve price for auction, expected to bring in tens of thousands of billions of VND to the state budget.