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The Vietnam real estate market has never received as much support as it is now, since the Government launched several policies to "ice-break" the market. A huge injection of capital is expected to be pumped into the market to warm it up.
Foreign consultancy firms all believe that the real estate market would still be very difficult in 2013, while the prices would continue decreasing. However, they believe that there would be more successful transactions.
Resolution 02/NQ-CP and other urgent immediate and long-term recommendations aim to stop the worsening situation of the real estate business in 2013, as well as over the next 3 - 5 years.