Registered capital for real estate business increased nearly 3 times compared to the same period in 2015. In the first 8 months of the year, the number of businesses with registered business lines [...]
In the first eight months of the year, the number of businesses registered to do real estate business increased by 101%, and the registered capital increased by 268% compared to the same period in 2015.
The General Statistics Office has just said that in the first 8 months of this year, the whole country had 73,404 newly registered enterprises with a total registered capital of 568 trillion VND, an increase of 20% in the number of enterprises and an increase of 51% in registered capital compared to the same period in 2015; The average registered capital per enterprise reached 7.7 billion VND, an increase of 26%. The real estate sector has a strong increase in both the number of businesses and registered capital. Specifically, the number of businesses with registered real estate business increased by 101%, and the registered capital increased by 268%. Other industries with the number of enterprises and corresponding registered capital are: mining increased by 8.8% and 247%; information and communication increased by 15% and 183%; Production and distribution of electricity, water, and gas increased by 21% and 120%; Processing and manufacturing industry increased by 24% and 107%.%... In the field of arts, entertainment and recreation, the number of newly registered businesses in 8 months decreased by 34% compared to the same period last year; Registered capital decreased by 22%.
From a market perspective, the Vietnam Real Estate Association said, the real estate market is weak.n July there were not many changes. The main highlight is that the prices of all segments continue to increase, in which demand and consumption increase in the mid-range segment, decreasing in high-end products. Prices increased in the mid-range and high-end segments, with low prices remaining stable and quieter due to few new projects opening for sale. On the secondary market, the average secondary market price also improved about 1% compared to the previous quarter. The luxury segment saw prices increase by 2.6% over the same period last year. Land and townhouses continue to be hot. Townhouse prices in Ho Chi Minh City continue to increase by 4 - 12% depending on area, location, and area. The land segment also continues to record supply for sale and selling prices in this segment are also on the rise by about 20% compared to the same period last year.
Procedures
