Prime Minister: Prices of social housing and rental housing must not rise unreasonably

Keywords

real estatehousingasset auctionsVietnam

Open a keyword to see other news on the same topic.

Related tickers and likely impact

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

• Social housing credit expands , but disbursement constrained by supplyvietnamnews.vn·19/10, 08:00• VNINDEXcredithousingreal estate
• Most important is controlling prices of social and rental housing; the high-end segment can follow market demand

  At the Group 3 session, Prime Minister Lê Minh Hưng asked National Assembly deputies to keep contributing to the draft amended Law on Property Auctions, focusing on four issues: the scope of application and selection of auction organizations; participation, bidding and deposits; online auctions and bid increments; and cancellation of auction results and protection of bona fide buyers. For auctions of land-use rights, the process must be linked to the land pricing mechanism under land law. The Prime Minister stressed that the most important goal is controlling prices of social housing, rental housing and housing for policy beneficiaries and low-income people, preventing abnormal and unreasonable price spikes. The high-end segment can develop according to market demand, while related laws must be harmonized.

  CafeF·19/10, 06:50• VNINDEXhousingreal estateauctions
• The Housing Market Is Not Returning To 2020 | Armstrong Economics

  Fannie Mae sharply raised its forecast for the average 30-year fixed mortgage rate, now seeing about 7.4% in Q4 2026 and around 7.5% through 2027, up from 6.8% and 6.7% previously. The author argues the low pandemic-era rates were an anomaly created by extraordinary Federal Reserve intervention, and current rates reflect 3.7% inflation, over $40 trillion in federal debt and rising Treasury yields. On a $350,000 mortgage, the monthly principal and interest payment would be about $2,447 at 7.5% versus about $1,476 at 3%, nearly $1,000 more. Pending home sales fell 8.5% in September from a year earlier, a sign of affordability strain that the author says will force the housing market to adjust to the price of money.

  armstrongeconomics.com·19/10, 05:30interest rateshousingreal estate
• London property asking prices see surprise autumn spike ... as sellers in the north cut theirs

  According to Rightmove, asking prices for homes newly listed in London rose 2.5% between September 12 and October 10, while Inner London rose 3.9%, unlike the national decline of 0.1%. London's rise followed a weak summer, when asking prices fell 6% across July and August, and sellers hope to capitalize on buyers wanting to move before Christmas. Rising mortgage rates have added about £250 to new mortgage payments since February, and sales agreed were 8% lower and buyer inquiries 9% lower than a year earlier. Listings remain at their highest level for this time of year since 2014, 38% of homes have had price cuts, and offers take 78 days (11 weeks) on average to be accepted. Rightmove suggests some London sellers may be too optimistic on price.

  dailymail.com·19/10, 01:00UKreal estateinterest rates
• Florida Realtors Claim Amendment 3 Makes Homes Affordable. Their Listing Website Says Opposite.flaglerlive.com·18/10, 18:30real estatehousingFlorida
• Five real estate firms plan to buy a large stake in a bank

  Five real estate companies, including I.P, Lý Thanh Sao, DTH, Vượng Phát and Phương Đông, have registered to buy nearly 269 million shares in PVcomBank (PCB) private placement of 300 million shares at VND 13,628 per share, for an expected total of about VND 3,666 billion. If the offering is completed, it would raise about VND 4,088 billion and lift the bank's charter capital from VND 9,000 billion to VND 12,000 billion. The five firms account for about 89.7% of the shares offered and would hold over 22% of charter capital after the issue if all registrations are fully executed. Lý Thanh Sao previously had a transaction with PVcomBank involving a receivable of over VND 5,536 billion, which the company fully paid on January 23, 2026.

  CafeF·18/10, 09:29PVcomBankbanksreal estate

Related markets

Vietnam stocks →

Latest news

• JPMorgan's JPM Coin, representing dollar deposits, is coming to Ethereum: Bloomberg

  JPMorgan will make JPM Coin, a token representing its dollar deposits, available to institutional clients on Ethereum, according to Bloomberg. The bank says Ethereum's liquidity makes it attractive to crypto companies seeking blockchain payments and to financial firms settling trades or backing tokenized assets. The move extends JPMorgan's blockchain work beyond Base and its private Kinexys network, which processes more than $7 billion daily. The bank did not say when the token will go live on Ethereum. Meanwhile, JPMorgan is among US banks planning a shared tokenized deposit network, but it was not on Swift's list of 17 banks preparing live transactions on its blockchain ledger in July.

  CoinDesk·19/10, 10:03▲ ETH/USDT• JPMJPMorganbankscrypto
• Cerrado Gold Reports 21% Year-Over-Year Increase in Q3 2026 Production Results at Minera Don Nicolas

  Cerrado Gold reported Q3 2026 production of 16,685 GEO at the Minera Don Nicolas (MDN) mine in Santa Cruz Province, Argentina, up 21% from 13,832 GEO in Q3 2025. Year-to-date output reached 44,942 GEO, up 23% from 36,432 GEO in the comparable 2025 period. Heap leach output held steady at 9,649 GEO, while CIL output rose to 7,036 GEO as higher-grade Calandrias material, generally above 2.5 g/t gold, was routed to the Martinetas mill. Laboratory tests on selected material showed gold recoveries of up to 95%, versus about 60% expected from heap leaching, and the company now expects full-year 2026 production at the upper end of its 50,000 to 60,000 GEO guidance while targeting a new PEA by late Q1 2027.

  Yahoo Finance·19/10, 10:00goldgold miningCerrado Gold
• Is Visa Stock Still a Buy After Gaining 14% This Year?

  Visa shares hit an all-time high of $401, up about 12% over the past two weeks from $359 at the end of September and up 14% year to date. Key catalysts include approval from the People's Bank of China to set up a bankcard clearing institution in China and the move of Visa Direct's stablecoin to commercial deployment on Oct. 15. Baird and BMO Capital both raised their price targets. Visa reports fiscal fourth-quarter earnings on Oct. 27 and has raised its dividend every year since 2009, last year by 14% to $0.67 per share. The author still considers the stock a buy ahead of earnings, citing a forward P/E of 24.

  Yahoo Finance·19/10, 09:42VisastablecoinsChina
• Five things to watch in markets in the week ahead

  Markets start the week with AI stocks under pressure after hotter-than-expected September inflation raised expectations of higher US rates and fed worries about debt-funded AI spending. Last week the Philadelphia semiconductor index fell 11.41% and the Nasdaq Composite lost 4.48%, with CoreWeave shedding about a quarter of its value and Oracle down 9.31%. Earnings are in focus, with SpaceX and Netflix reporting on Tuesday and Meta and Tesla on Wednesday after the close. Netflix reportedly plans to cut around 6% of its workforce, roughly 1,000 roles, its biggest reduction since 2022. SpaceX has also agreed to buy spectrum licenses from Grain Management for about $8 billion, a move into the wireless market.

  Yahoo Finance·19/10, 09:41• SPY• QQQinflationinterest ratesFed
• eMemory/PUFsecurity Showcases OCP S.A.F.E.-Approved PUFrt at OCP Global Summit, Strengthening AI Data Center Security with Caliptra

  PUFsecurity, a subsidiary of eMemory Technology, was featured at Microsoft's Caliptra Workshop on Oct. 12, the opening day of the 2026 OCP Global Summit, which drew nearly 400 attendees. Its PUFrt received OCP S.A.F.E. Scope 3 approval after an independent assessment of its resistance to physical attacks such as fault injection and side-channel attacks, and is now listed on the OCP Marketplace. PUFrt provides the physical security foundation for Caliptra, an open-source hardware Root-of-Trust architecture, from key generation to chip mass-production testing. It has already been integrated into Caliptra products from ASPEED and security systems from several memory makers and networking chip vendors. The company says the milestone advances hardware security for cloud and AI infrastructure.

  Yahoo Finance·19/10, 09:40cybersecuritydata centersartificial intelligence
• Crypto vault deposits top $10 billion as lending risks draw regulatory scrutiny

  Deposits into crypto lending vaults have risen from $4 billion at the start of last year to more than $10 billion, according to the Financial Times. Each vault is run by a 'curator' who selects lending strategies through smart contracts on DeFi platforms, sets risk limits and collects fees, with typical returns of 3% to 10% and riskier strategies reaching 20% or more. Risks include illiquid or hard-to-sell collateral, automatic liquidations, hacks and coding errors, while investors may focus on headline yields. Fintechs, digital asset treasury firms and hedge funds are among the main depositors, and Bitcoin lender Two Prime launched a vault on Pareto targeting 1.5% to 2% yields, with a minimum deposit of 5 WBTC and about $10 million of its own capital absorbing initial losses. U.S. and European regulators are examining whether existing rules should apply, and the SEC has questioned vaults that hold securities.

  CoinDesk·19/10, 09:32• AAVE/USDT• MORPHO/USDTcryptoDeFiregulation