First property trading floor in the northern region

Hanoi (VNA) - A real estate trading floor will be opened here at the end of this month by the Vietnam Commercial Bank for Private Enterprises (VP Bank).

The bank expects to improve the transparency of property transactions,
facilitate payment options and stimulate the current lag in the domestic
property market by offering new services, Le Dac Son, VP Bank general
director said.

"This property trading floor falls under the bank's development plan. VP
Bank will act as an intermediary to provide capital to both real estate
investors and buyers".

Located in the Kinh Do Building on Tay Son street, it will be the first
real estate trading floor to reach the new standards set forth by the
Ministry of Construction in the northern region, the bank adds.

Professional support will be provided by the House Management Department
of the Ministry of Construction.

New services will include assessment, consulting and assistance with legal
issues. Property management, brokerage, and auction services will also be
provided.-Enditem