Vietnam’s Real Estate is TANKING, but Rentals are actually SOARING? Just when you think you have seen it all, Vietnam’s real estate market throws us a curveball right back at us. The fact is that Vietnam’s real estate...
Vietnam houses are being destroyed in Phu Quoc. More than 700 Vietnam houses have seen their properties authorities demolished by Phu Quoc authorities just this year alone. The reason? They were illegally built by unscrupulous developers and individual...
After the collapse of Vietnam’s real estate, it seems like Vietnam is willing to ease restrictions on foreigners owning houses in Vietnam in 2023. To be clear, Vietnam allows foreign citizens to buy condos in selected areas under...
Vietnam’s real estate bubble has led to a recent drop in prices. Stated-owned bank, Vietinbank, recently announced the sale of 358 foreclosed properties, including four- and five-star hotels, totaling US$337 million. Other banks like BIDV and Sacombank have...
The collapse of Silicon Valley Bank on March 10, 2023, due to its exposure to high-risk borrowers such as technology and startup companies, had global implications. The situation is similar to that of Vietnam’s real estate companies including FLC...
