As a part of the collection of occasions of the Vietnam Real Estate Brokers Day 2022, on June 25, in Ha Long City (Quang Ninh province), the Vietnam Real Estate Brokers Association held a workshop “Shaping the framework competitiveness for Vietnam real estate trading floors and brokers.
Vice Chairman of the Vietnam Real Estate Brokers Association Nguyen Chi Thanh stated that after the “hibernation” interval because of the pandemic, the financial system normally and the actual property market particularly are recovering beneath fully new tendencies. This is a chance but in addition an incredible problem. In the brand new scenario, each enterprise wants to remodel strongly to adapt and develop.
“With the desire to contribute to creating momentum for the real estate industry to recover and quickly achieve outstanding development, the conference is one of the important events in the series of typical events of the “Environment Day”. Vietnam Real Estate World 2022”, will reply key questions on the actual property market normally, and actual property brokerage actions particularly. How is the brokerage business going digital? How does digital conversion actually work? What must be executed to enhance the competitiveness of actual property exchanges and brokers within the new scenario?” – Mr. Nguyen Chi Thanh said.
Presenting a presentation on shaping the competitiveness framework for real estate brokers, Deputy General Secretary of the Vietnam Real Estate Brokers Association Truong Chi Vinh said that the Vietnamese real estate industry is facing a series of internal problems when it comes to real estate. The scale is increasing and at an increasing speed, such as: Transparency, professionalism, cooperation, sustainability, efficiency and ability to measure performance…
However, the urbanization process is strong, the urban population is about 44 million people, accounting for 45% of the population. Vietnam has 862 urban areas, expected to increase to 52 million people by 2025, accounting for 50% of the population, with about 1,000 urban areas. In which, at least one mega-city has over 10 million people, and five are 5 – 10 million people. It is forecasted that in the period of 2050 – 2070, the proportion of urban population will reach 70-75%.
Meanwhile, infrastructure is in the process of being focused on investment, it is expected that in the period of 2020 – 2030, the demand for urban construction land will be about 400,000ha in 2020 to 450,000ha in 2025; Average urban land area is 85 – 90 m2/person; Average urban housing is over 15 – 20 m2/person; National highways increased by 5,000km; Expressway increased more than 4 times, from 1,163km to 5,000km and added 6 airports, 1 international seaport.
“In the face of the impacts mentioned above, Vietnam’s real estate market is considered the most dynamic and dynamic in Asia, maintaining an average growth rate of 15% per year. Real estate is forecasted to have a very positive outlook in the next 20 years due to the low level of urbanization that is taking place strongly, the economy maintains a high growth rate, there is still a lot of room for basic infrastructure. for growth,” emphasised Mr. Truong Chi Vinh.
Also on the seminar, consultants mentioned points associated to digital transformation in the actual property sector. According to the Director of Training and Digital Transformation Tinh Van Group Nguyen Bao Trung, with the robust growth of the 4.0 know-how revolution, it has modified the best way prospects strategy actual property initiatives and merchandise; At the identical time, it’s also a chance for companies when creating buyer belief, increasing prospects and enterprise areas. Besides, it additionally has a major influence on the best way of transactions, shopping for, promoting, leasing, managing … on that foundation, transactions shall be performed on a small a part of belongings and carried out within the type of on-line.
“Digital transformation is the applying of know-how to all actions of an enterprise, comprehensively altering the best way it operates, growing productiveness, high quality, effectivity and bringing worth to prospects, through which , together with actual property companies. If the worth and effectiveness are giant sufficient, digital transformation is an inevitable development,” stated Mr. Nguyen Bao Trung.