In a move that aligns with Prime Minister Pham Minh Chinh’s directives, 24 commercial banks lowered deposit interest rates by 0.1-2%, marking the most significant adjustment seen this year. This action, coupled with tailored loan packages introduced by banks specifically for young homebuyers, hints at a potential shift in funds towards the real estate sector.
According to experts, a substantial portion of this influx of capital is expected to find its way into lucrative investment avenues, particularly real estate and securities. This prediction is further supported by the current volatile nature of the gold market.
Dr. Can Van Luc, an economist at BIDV, attributed the real estate market’s resurgence to Vietnam’s successful economic growth initiatives for 2024-2025, coupled with managed inflation and low-interest rates. He also foresees institutional reforms, enhanced planning, and increased public investment as catalysts for further market growth. The financial strain on property developers has eased, granting them improved access to capital.
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| An urban complex in Hanoi’s Hoang Mai district showcases the city’s development. (Photo: VNA) |
Nguyen Quoc Anh, from the popular real estate listing site batdongsan.vn, noted a notable shift in buyer and investor sentiment since late 2023. There is now a growing number of individuals prepared to enter the property market, particularly those interested in land plots.
The Institute of Construction Economics, under the Ministry of Construction, forecasts a more dynamic market in 2025, with housing and land prices projected to increase by 8-10%. They also highlight how preferential home loan rates and reduced costs for social housing credit packages will positively impact the real estate market by encouraging more bank lending.
Given these positive indicators, VARS counsels real estate companies to focus on products that cater to market demand, especially in the realm of social and mid-range housing. This strategy aligns with the approach taken by Tran Anh Group’s Chairman, Tran Duc Vinh, who is concentrating on social housing projects to navigate past development challenges. By doing so, companies can enhance loan accessibility and boost sales.
Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association, points out that while commercial housing promises higher profit margins, social housing projects offer the advantage of expedited legal processes, allowing for quicker capital recovery.
For individual investors, VARS recommends a cautious approach, especially when leveraging investments. They advise against getting caught up in market hype and instead suggest focusing on areas with genuine development potential, robust infrastructure, and strong long-term demand. The real estate market in 2025 presents significant recovery opportunities, but success hinges on thorough preparation and adaptable strategies.
“Collaborating with Leading International Investors in Ba Ria-Vung Tau”
On March 20, Prime Minister Pham Minh Chinh held a working session with leaders of prominent enterprises in Ba Ria-Vung Tau province. This engagement was a significant part of his official visit to the vibrant southern coastal region.
“Vinh Phuc: Embracing Drastic Measures for a Prosperous Future”
Vĩnh Phúc’s GRDP growth projection for 2021–2025 stands at an impressive 7.4%. This equates to a total economic output of 190 trillion VND (7.45 billion USD) by 2025, a significant increase from 2020, representing a 1.53 times surge. Forecasts indicate a rise in annual per capita GDP to 148 million VND, coupled with an 11% average yearly improvement in labor productivity.
The Future of AI and Semiconductor Innovation
Amidst the complex landscape of diverse supply chains and an ever-shifting global geopolitical climate, Vietnam has proactively embarked on a series of strategic initiatives to enhance its position within the industry.
Vietnam’s Oil Venture in Algeria: Advancing to the Next Phase with Promising Results
The second phase of a tripartite oil exploration and extraction venture in Algeria has commenced, with Vietnam’s PVEP, Algeria’s Sonatrach, and Thailand’s PTTEP building upon their successful collaboration. This dynamic partnership combines the unique strengths and expertise of each country, leveraging their collective capabilities to unlock new opportunities in the energy sector. With a proven track record of success, the project is poised to make significant strides in the coming phase, further solidifying the strategic alliance between these distinguished energy powerhouses.
Higher Standards for the 500 kV Lao Cai – Vinh Yen Transmission Line Project
The 500 kV Lao Cai – Vinh Yen transmission line is a pivotal infrastructure project, sanctioned by the Government, with Vietnam Electricity (EVN) at the helm. This ambitious double-circuit transmission line will stretch across 229.5 kilometers, traversing the northern provinces of Lao Cai, Yen Bai, Phu Tho, and Vinh Phuc. With a staggering 468 tower foundations, this project boasts a total investment of over 7.41 trillion VND (approximately 290.41 million USD), solidifying its status as a cornerstone of Vietnam’s energy landscape.
