Colliers News

Where can Vietnam increase FDI attraction from?

www.vnexpress.net

Mr. Vu Minh Chi, Senior Manager, Industrial Services, Colliers (Vietnam) said that in the context of prolonged uncertainty, market actors will re-evaluate their investment portfolios towards quality assets, high quality, and anti-inflation. Therefore, the development of IPs in Vietnam needs to ensure the integration of sustainability factors as well as the ecosystem.

Vietnam’s Premier tells Central Bank to review property loans

www.bloomberg.com

Vietnam’s Prime Minister Pham Minh Chinh on Sunday instructed the central bank “to review real estate projects in order to take appropriate measures, such as delaying loan payments for some property companies,” to help ease a credit crunch in businesses.companies,” to help ease a credit crunch in businesses.

HCMC: Residential land to be compensated up to 25 times the state price

www.dantri.com.vn

Residential land depending on the district has an adjustment K coefficient of 3-25 times higher than the state price, while agricultural land is 38 times higher. Commercial and service land is calculated at 80% of the price of adjacent residential land and other land types equal to 60%.

Distressed real estate developers to get debt payments extended

www.hanoitimes.vn

In the recently issued Resolution No.33, struggling real estate firms can extend their principal and interest loans, as well as restructure their debt pools. Projects with legal compliance, positive sales prospects, and feasible repayment plans will be given easier access to credit.