Vietnam’s property lending rises 14.6% to $64 billion
Though the State Bank of Vietnam asked for tightened control over real estate loans, real estate loans has increased by 14.6% against end of 2018, reaching VND1,500 trillion ($64 billion).
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Spiritual tourism business activities are attracting more and more capital from real estate giants.
Besides trade war that heat up Vietnam’s industrial realty market, increase in number of foreign tourist to the country is expected to stimulate the tourism property market in 2020.
Despites of impressive GDP growth rate and better per capita income, young Vietnamese people have been struggling for houses due to the increasing prices in the property market.
Though the State Bank of Vietnam asked for tightened control over real estate loans, real estate loans has increased by 14.6% against end of 2018, reaching VND1,500 trillion ($64 billion).
Coworking spaces are expanding in Saigon’s central districts since the limited traditional office space there is unable to meet the growing demand.
Real estate loans make up 1/5 of total outstanding loans in Vietnam: ...
Trade war heats up Vietnam’s realty market: Hanoitimes
Viet Nam real estate still an attractive prospect: Viet Nam News
District 1 house prices top Saigon real estate chart: VNExpress
Korean firm invests $420 million to build horse-racing track in Hanoi: ...
Foreign investors race for Vietnam's industrial properties