Outstanding real estate loans reach $41bln as of end-August
As of August 31, real estate loans totaling over VND986 trillion ($41.1 billion), according to the State Bank of Vietnam.
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Despite the global economic slowdown, Vietnam's real estate performance remains robust with significant appeal for foreign manufacturing investors, property services firm Savills said in its Asia Pacific Investment Quarterly Report.
One hundred and six industrial zones were being constructed to supply the market with 35,700ha of land for factories and warehouses.
PM Chinh urged relevant ministries, agencies, and local authorities to heighten accountability and adopt a proactive attitude.
As of August 31, real estate loans totaling over VND986 trillion ($41.1 billion), according to the State Bank of Vietnam.
The real estate sector is finally emerging from its slumber as the economic recovery in the third quarter of the year has triggered a resurgence of demand for realty properties.
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