At the meeting She made the state at a today meeting on the housing development program for the period 2016-2025 with the participation of Chairwoman of the People's Council Nguyen Thi Le and Chairman of the People's Committee Phan Van Mai. Speaking at the meeting, Director of the Department of Construction Tran Hoang Quan said that from 2016 to 2020, the floor area of the city increased by 53.7 million square meters. Self-built houses play the main role with an increase of 38.5 million square meters of floor space while commercial housing accounted for the second largest proportion, reaching 13.98 million square meters of floor and social housing increased by 1.23 million square meters of floor space. Regarding social housing, in the 2016-2020 period, Ho Chi Minh City completed and put into use 19 projects, with 1.23 million square meters of floor space, reaching 69.2 percent of the set target. In the first quarter of 2022, a social housing project has been completed and put … [Read more...] about HCMC reviews land fund for construction of worker accommodation, social housing
Lands end where to buy
Real estate market slumps as banks cut off funds
Gloom has set in in many localities including Bao Loc (the Central Highlands province of Lam Dong), Dac Nong, Binh Phuoc, Ba Ria-Vung Tau, and Binh Thuan, whose real estate markets used to be hot a few months ago.— Photo datxanhgiatrithuc.com Tran Trung Thanh, a real estate broker in Binh Thuan and Ba Ria-Vung Tau provinces, said since the beginning of April demand for agricultural lands has seen a sharp slump. The number of people who want to sell land is higher than those who want to buy, he said. Gloom has set in in many localities including Bao Loc (the Central Highlands province of Lam Dong), Dac Nong, Binh Phuoc, Ba Ria-Vung Tau, and Binh Thuan, whose real estate markets used to be hot a few months ago. Even the housing segment has shown signs of slowing down in many localities due to falling demand on both the primary and secondary markets. HCM City is a typical example. The country’s economic hub always has high demand for housing and faces a serious shortage of … [Read more...] about Real estate market slumps as banks cut off funds
Flying in the flower season of Sapa
International School Ho Chi Minh City featured in Queen’s Official Platinum Jubilee Pageant Commemorative Album “Viet Nam is a promising market for healthcare,” Senior global leader of Sanofi shared of his business travel to Asia. Dan Truong set to excite audiences at Sun Fest concert Schneider Electric launches inaugural Global Partner Recognition Program Dettol joins hands with HCMC University Medical Center to celebrate World Hand Hygiene Day The activity series themed “Flying in the flower season of Sapa” officially launched for its second year in Sapa, with many attractive promotions and events full of Northwestern colour. Pupils and students around the nation can earn a discount of up to 45 per cent - only 400,000 dong/ticket – when buying Fansipan cable car tickets. “Flying in the flower season of SaPa” is part of a series launched by Sun World Fansipan Legend to welcome summer. It is also an annual event to promote summer tourism, carried out by Sun … [Read more...] about Flying in the flower season of Sapa
After a life spent hiding, Vietnamese burn victim steps into the spotlight with bakery
After suffering severe burns across his face as a child, Ngo Quy Hai, a 27-year-old from Vietnam’s Central Highlands, has managed to shed the physical and emotional burden of his injury and become the successful owner of Sunhouse Coffee – a well-known pastry shop in Plei Kan Town, Ngoc Hoi District, Kon Tum Province. Hai burned his face when he was just a few months old after falling out of a walker and landing face first on a boiling pot of porridge. His parents rushed him to Children’s Hospital No. 1 in Ho Chi Minh City where he received medical treatment for almost two years. While doctors at the hospital were able to save Hai’s life, his injuries left him so scary that other children refused to play with him. Hai’s parents pulled him out of school as a first grader to keep him from being bullied by other children and the result was that Hai became a recluse, worried that strangers would tease him for his injuries. Hai eventually made friends with Hoang Xuyen, a … [Read more...] about After a life spent hiding, Vietnamese burn victim steps into the spotlight with bakery
Real estate market slowing down, experts divided on bubble risk
Land split into lots for sale. The real estate market was slowing down on the tightening of credit flow into certain segments. — VNA/VNS Photo As moves are taken to control the credit flow into certain segments, while localities seek to tighten the land lot split, the real estate market could slow down, but experts remain divided on the risk of the bubble bursting. In recent years, land prices increased rapidly despite the impact of the COVID-19 pandemic. According to a report by the Department of Housing and Real Estate Market Management under the Ministry of Construction, land prices, especially in localities planning or developing infrastructure saw whopping increases. The moves to control credit flow into the real estate sector and land lot split were cooling the market, with falling liquidity but prices staying at high levels. A report by real estate portal batdongsan.com.vn showed that searches for property on sale via the portal in the first five months of this year … [Read more...] about Real estate market slowing down, experts divided on bubble risk