4 routes will be built and expanded in Thanh Xuan district in 2025
Of the 14 land-use projects in 2025 in Thanh Xuan district (Hanoi), there are 4 projects to build, expand or renovate roads.
The Hanoi People's Committee has just issued Decision No. 2557/QD-UBND on adjusting and supplementing the 2025 land use plan of Thanh Xuan district, adding 2 more projects with a total area of 0.67ha.
Previously, in the 2025 land use plan approved at the beginning of the year, Thanh Xuan district had 12 land-using projects, of which 4 projects were to build, renovate and expand routes, to improve traffic infrastructure.
The largest project is the Ring Road 2.5 from Nguyen Trai (National Highway 6) to Dam Hong, passing through Thuong Dinh, Ha Dinh, Khuong Trung and Khuong Dinh wards. This route has a land use area of up to 6.56 hectares and will be implemented from 2022 to 2026.
In Ha Dinh and Thanh Xuan Trung wards, the project to invest in building technical infrastructure around Re Quat Lake has an area of 1.53 hectares (recovering 0.64 hectares), aiming to beautify the landscape and connect traffic in the area. See more...
Mong Cai land prices heat up, attracting investors
Mong Cai is one of the border real estate areas with strong price growth. Accordingly, Mong Cai is also a place where many real estate projects have been and are in the process of being implemented, so the "drowning" of the market is always maintained with the presence of a large number of real estate brokers.
A survey by Batdongsan.com.vn shows that for the Mong Cai land segment, prices are still continuing to increase with the general price level ranging from 25 - 40 million VND/m2.
Of which, land in central locations of Mong Cai has a price range of 80 - 120 million VND/m2. Land in Hai Hoa has increased from 33 - 40 million VND/m2 in early 2024, currently the asking price on the market ranges from 40 - 48 million VND/m2.
In the same time period, land prices in Ka Long ward also increased from 27 - 32 million VND/m2 to 31 - 35 million VND/m2. In the same time period, land in Bac Son also increased in price from 25 - 27 million VND/m2 to 28 - 30 million VND/m2. Land prices in Binh Ngoc increased from 14 - 18 million VND/m2 to 17 - 20 million VND/m2. See more...
Credit increases, real estate businesses still lack money
Although the real estate credit growth figures are very large, real estate businesses still complain about cash flow.
In Ho Chi Minh City, total outstanding real estate credit as of the end of April 2025 reached VND 1,116,000 billion, up 0.34% over the previous month and up 2.85% over the end of 2024. The scale of real estate credit continues to be maintained and accounts for about 28% of the total outstanding credit in the area.
In particular, real estate credit for self-employed groups (buying houses to live in, transferring land use rights to build houses; borrowing for house repair...) still accounts for a high proportion of the total outstanding real estate credit balance, accounting for 65% and reaching VND 727,000 billion, up 0.05% compared to the previous month and up 0.65% compared to the end of 2024.
The State Bank of Vietnam, Region II Branch, said that real estate credit growth has not been stable every month, but it has still grown positively and increased higher than the general credit growth rate in the area. In the first 4 months of the year, real estate credit increased by 2.85%, while general credit in the area increased by 2.62%. See more...
Abandoning a construction permit does not mean being free to build a house at will
