Along with economic development and improved living conditions in Vietnam, attitudes toward nursing homes have gradually changed to a more plausible possibility. As a result, the demand for nursing homes is increasing in both quantity and quality.
The corporate bond market has recovered significantly in recent months after the shocks caused by violations in issuance of several real estate developers.
Minister of Natural Resources and Environment Tran Hong Ha on March 16 stressed that stringent sanctions are needed to prevent real estate developers from cancelling the purchase after winning the auction by offering record prices.
There is a trend of real estate developers moving their investments from big cities of Hanoi and Ho Chi Minh City to other localities, experts have said.
Instead of investing millions of dollars to build properties in HCM City’s inner districts, real estate developers are renting properties and furnishing apartments and putting them up as mid-priced serviced apartments for rent.
The Japan International Cooperation Agency (JICA) has advised real estate developers in Ho Chi Minh City to apply advanced technologies while constructing commercial buildings to reduce greenhouse gas (GHG) emissions.
Vietnam’s real estate sector has witnessed significant participation from Japanese investors through cooperation with local businesses recently, promising to bring benefits to the real estate market.