DNVN - According to the Ministry of Construction, in the first 6 months of 2024, the performance of real estate businesses has improved. The number of newly registered businesses and the number of businesses returning to operation have both increased compared to the same period in 2023.
According to the report on housing and real estate market information in the second quarter of 2024 by the Ministry of Construction, in the first 6 months of 2024, the performance of real estate businesses has improved. The number of newly registered businesses and the number of businesses returning to operation have both increased compared to the same period in 2023.
Specifically, the number of newly registered enterprises was 2,210 (up 1.4%). The number of enterprises returning to operation was 1,577, up 11.4% over the same period in 2023.
In the context of the slow recovery of the real estate market, many real estate businesses are planning to expand their land fund to develop projects. Legality, liquidity, and land use fees are the top criteria that businesses choose to invest.
Recently, real estate businesses have begun to have strategies to develop land funds to prepare for the recovery period. Businesses are more serious and calculating their plans, researching the market to ensure that clean land projects are legally complete, have paid full land use fees and can be put into operation in the coming years.
Businesses operating in the field of office and resort leasing also aim for land funds suitable for their business fields.
Regarding foreign direct investment (FDI) in the real estate sector, the Ministry of Construction said that as of June 20, the total registered FDI capital in Vietnam, including newly registered capital, adjusted registered capital, and the value of capital contributions and share purchases by foreign investors, reached nearly 15.19 billion USD, an increase of 13.1% over the same period last year.
Of which, disbursed FDI is estimated at 10.84 billion USD, up 8.2% over the same period last year. This is the highest FDI capital disbursed in the first 6 months of the year in the past 5 years.
“There were 1,538 newly licensed projects with registered capital of 9.54 billion USD, an increase of 18.9% over the same period last year in terms of number of projects and 46.9% in terms of registered capital. Of which, real estate business activities reached 1.89 billion USD, accounting for 19.9%.
If including newly registered capital and adjusted registered capital of licensed projects from previous years, registered FDI in real estate business activities reached 1.99 billion USD, accounting for 14.8%. FDI implemented in Vietnam in the first 6 months of 2024 in the field of real estate business activities reached 1 billion USD, accounting for 9.3%," said the Ministry of Construction.
The Ministry of Construction affirmed that the above figures show that Vietnam is still a region of interest and absorbs a large amount of FDI capital. The reason for this attraction is that the profit rate when investing in Vietnam is still attractive.
In particular, foreign investors expect that when new laws such as the Land Law, Housing Law, and Real Estate Business Law are applied, Vietnam's real estate market will develop stably in the coming time.
Ha Anh
Source: https://doanhnghiepvn.vn/kinh-te/bat-dong-san/so-luong-doanh-nghiep-bat-dong-san-thanh-lap-moi-quay-tro-lai-hoat-dong-deu-tang/20240814030518507
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