According to GRETI report in 2016 of JLL, Vietnam improved compared with last years about transparency in real estate market. The transparency improvement in the market is noted in many aspects:
Easy to reach information
Vietnam real estate market has a great development from transparency in planning information, investment procedure process to transparency information of project to the customers in order to make sure the right for the customers. In July, the World Bank approved project support package Management Improvement and Data Base off Vietnam land value at USD 150 million. This project aim to develop Information Technology and Data Base about land for Government and citizen can reach, simplify process relative to land service to improve investment environment
Law requires developers obey transparency process
Investors are more positive in public project information. However, there has been not yet specific requirements and firmly in making sure exactly level of this public information
Applying technology strongly into the market
Developing technology strongly accompany with property market attract big investment stream in Vietnam will be the guaranteed factor of transparency improvement in the future property market
Xay Dung News