Realtor association suggests measures to promote real estate development

The Vietnam Association of Realtors (VARS) has warned that the policy of “closing the valve” on credit and corporate bonds will negatively affect real estate supply. It therefore recommends opening up capital to all industries, including real estate, and to have more regulations on businesses attracting foreign capital, investment products such as real estate investment trusts (REIT), real estate securitization, and saving funds for housing.