State dials up reforms of property market rulesThe State will have breakthroughs in the reform of legal regulations and business investment conditions for the domestic real estate market this year, according to experts. This is an important database to follow developments in the property market, propose solutions to promote those developments and enhance inspection and supervision to implement laws on housing and real estate market, Ha said. Nguyen Tran Nam, chairman of the Viet Nam Real Estate Association (VNREA), said the domestic real estate market has had a stable and healthy development. According to Nam, State Bank of Viet Nam this year should apply a more active and flexible credit mechanism for the real estate market. These solutions are expected to create favourable conditions for an impressive growth of the property market this year, Nam said.

Source: VietNamNet News March 24, 2018 02:26 UTC