HANOI -- Vietnamese lawmakers are set to debate legislation addressing the real estate market as the National Assembly opened its new session Monday, looking to discourage speculative property investments as corporate default risks pile up.
Parliament to consider levy on second homes as debt risk soars
A construction site for an apartment building in Hanoi. Vietnamese housing sales have stalled due to high interest rates. © Reuters
HANOI -- Vietnamese lawmakers are set to debate legislation addressing the real estate market as the National Assembly opened its new session Monday, looking to discourage speculative property investments as corporate default risks pile up.