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Some banks are strategically adapting lending practices and risk management approaches to address the complexities and risks associated with real estate-related credit, particularly for large-scale property developers.
With land in Ho Chi Minh City limited and the southeast provinces densely populated with projects, developers are beginning to settle in the Mekong Delta.
According to analysts, the present period’s difficulties are transient, and innovative investors will move to promising regions and catch up when the market recovers.
The progress of key infrastructure projects has been fast-tracked to create a driving force for the vibrancy of the real estate market in the southern province of Dong Nai, attracting a significant number of real estate developers and investors.
Financial statements in the fourth quarter of 2022 clearly reflected the difficulties that the market suffered last year.