The COVID-19 pandemic has become a new challenge for property brokers who have been facing many since last year due to the low supply in the market. (Photo: Internet)
HCM City (VNS/VNA) - The COVID-19 pandemic hasbecome a new challenge for property brokers who have been facing many sincelast year due to the low supply in the market.
Le Thi Hong Tham, a broker in Ho Chi Minh City’s district 7,posted an image of a beggar on her Facebook page and said she would become likethat soon.
A broker for many years, she told Vietnam News the situationis very difficult for her and others.
“In recent days there have been no transactions, not evenlease contracts. I cannot find any clients.”
Since the beginning of this year she has managed only onetransaction.
“A client asked me to sell over 10 shops in formerly-bustlingBui Vien Street in District 1 of HCM City. In the past this would have been avery good deal, but now it is not. I posted the information over 10 days ago,but no one is interested.”
In Hanoi, there is a similar situation.
A broker in Cau Giay district with nearly 10 years’experience said he had never ever seen a difficult period like now.
The market has been in a slump since the middle of last yearand worsened in the last three months, and his company has not carried out anytransaction, he told Dau Tu Bat Dong San (Property Investment) magazine.
To earn a living, he moonlights as a Grab car driver, hesaid, adding if the situation persists, he would have to sell his car.
A report from the Vietnam Real-Estate Brokers Associationsaid many brokerages closed last year due to low supply.
In addition to the low supply, the new Decree 100 and the Lawon Alcohol Harm Prevention have also had a huge impact because few people arelooking for places to open restaurants with many existing ones in fact wantingto shut even before the lease contract ends.
This year would be another challenging one with the pandemicworsening the situation.
Nguyen Van Dinh, deputy chairman of the association, said theproblems related to licensing property developments had not been resolved andeven less money than last year would flow in.
But professional and renowned brokerages could still do well,he added. /.
Tenants across Vietnam are facing tough market conditions due to the heavy impact of the widely-spreading novel coronavirus disease (COVID-19), so some landlords are offering rent relief to help ease the pressure.
The HCM City Real Estate Association (HoREA) has called on the Government to resolve problems related to legal and administrative procedures and access to funding and cut lending interest rates to revive the property market.
Experts are optimistic about industrial property development prospects in Vietnam, given the country’s rapid integration and improving investment climate.
The Ho Chi Minh City Real Estate Association (HoREA) has urged the Government to add the property industry to the list of those affected by the COVID-19 outbreak and are eligible for a five-month postponement of value-added tax and land-use fee payments.
Within the framework of the August 9 programme co-hosted by the Vietnamese Embassy in Cambodia and members of the Vietnam–Cambodia Business Association (VCBA), around 600 local residents and people of Vietnamese origin received general health check-ups, basic tests, medical consultations, free medicine, and gift packages containing daily necessities.
Party General Secretary To Lam, his spouse Ngo Phuong Ly, and a high-ranking Vietnamese delegation attended the inauguration ceremony of a statue of late President Ho Chi Minh in the Vietnamese Embassy’s campus in Seoul, the RoK, on August 10.
More than 5,000 people gathered at Dam Sen Cultural Park in Ho Chi Minh City for the solidarity walk for victims of Agent Orange/dioxin (AO), marking the 64th anniversary of the AO disaster in Vietnam (August 10, 1961 – 2025).
The embassy advises Vietnamese citizens travelling in Greece that they should avoid standing close to cliff edges, boat sides, and refrain from going out to sea during storms to prevent unfortunate incidents.
Hanoi is advancing green transportation as part of its sustainability goals but faces challenges like limited charging infrastructure, inconsistent regulations, and high electric vehicle costs.
Vietnam has over 4.8 million people exposed to AO/dioxin, including hundreds of thousands in the second, third, and even fourth generations. Many live with severe disabilities, facing high medical costs and loss of earning capacity.
Deputy Foreign Minister Dang Hoang Giang reaffirmed that amnesty is a humanitarian policy of the Party and State, reflecting the Vietnamese tradition of compassion and winning attention and high praise both domestically and internationally.
Vietnam officially grants limited-term visa-free entry to high-profile foreigners whose presence is deemed beneficial to the country’s socio-economic development.
With support from the Vietnamese Association in Ufa, Vietnamese language classes for children have been offered for many years. Currently, 60 children of various ages are attending two classes taught by Duc Anh, free of charge.
Vietnam ranked among the top four countries and territories at the 2025 International Olympiad on Artificial Intelligence (IOAI), reaffirming its strong position in international academic competitions.
All 20 crew members aboard the Vietnamese oil tanker GT Unity were successfully rescued from a fire in the vessel’s engine room, thanks to the swift response of the Liberian-flagged ship Androusa and Vietnamese maritime rescue teams.
Describing Agent Orange as one of the most severe and enduring legacies of the war in Vietnam, Vietnam's former Honorary Consul to Belgium Joseph-Michel de Grand Ry warned that its impact – still affecting generations more than five decades later – could last another two to three decades.
Running from August 4 to September 2, under the hashtag #TuHaoVietNam, the campaign invites participants in two categories: “I Love My Country” video clips and “I Love My Country” check-in photos.
Decree No. 219/2025/ND-CP, which took effect on the issuance date, introduces amendments that integrate the procedure for reporting and explaining the demand for foreign workers into the process of submitting applications for work permits.
With a tight 13-month deadline, the move is under a strategic and urgent policy to bridge educational gaps, train the local workforce, and shore up territorial sovereignty in some of the country’s most remote areas.
The parade and personnel send-off ceremony will officially take place on August 10 at the area surrounding the Statue of King Ly Thai To and Dinh Tien Hoang street of Hoan Kiem ward, with the participation of nearly 3,000 officers, soldiers, and local residents.
According to national technical regulations, AIS installation is mandatory for boats carrying more than 50 passengers. However, operators of smaller vessels (under 50 seats) in Ha Long Bay have voluntarily committed to completing installation by the deadline to enhance operational safety.
The activities include a Vietnamese language teaching training course for overseas Vietnamese teachers from August 13 to 28 in Hanoi, Ninh Binh, and Thai Nguyen.
Specifically, the ships will carry out patrols from 7am to 6pm daily along the main tourist routes in Ha Long Bay, with one ship permanently stationed at Ti Top island. From 6pm to 7am the following day, the mobile vessels return to Tuan Chau island to maintain a 24/7 on-call duty shift, ensuring constant readiness.
The Ministry of Construction (MoC) plans to open to traffic 208km of expressways of six key projects by August 19, bringing the country’s total expressway network to 2,476km.
The COVID-19 pandemic has become a new challenge for property brokers who have been facing many since last year due to the low supply in the market. (Photo: Internet) 
