Sunday, December 27, 2009

Seeking capital for real estate projects

VietNamNet Bridge Experts have been called on to set up a legal framework to call for capital for real estate projects, or Vietnam will never be able to meet the demand for accommodation.


A real estate conference which gathered late last week heard that in 2008 loans provided to fund real estate projects were 132,545 billion dong, or 9.15 percent of the total of outstanding loans in the year. The figure had increased by 10 percent by June 30, 2009.

However, bank loans are not the only channel which brings capital to the real estate market

Vietnam Real Estate News

Chao Vietnam Properties