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Vietnam realty market shows recovery signs; insiders say no bubble will form

Thursday, May 14, 2015, 17:31 GMT+7
Vietnam realty market shows recovery signs; insiders say no bubble will form

The property market in Vietnam is showing signs of getting warmer and industry insiders do not think there will be another real estate bubble as there was seven years ago.

The latest housing bubble occurred in Vietnam in the 2007-2008 period, when investors rushed to the realty sector after the stock market went into a crisis.

The bubble then quickly burst, leaving the market frozen with a huge number of unsold land plots, houses, and apartments.

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