Rumors about super-stars have been used by many Vietnamese real estate developers to entice buyers at a time when the real estate market is at a low.

A series of regulations on urban planning issued recently has created a good foundation for Ho Chi Minh City to develop its urban areas vigorously and sustainably in the future, many experts told SGGP.

The capital city of Hanoi will gain funds next month from the Japan International Cooperation Agency (JICA) for several key infrastructure projects, including a terminal at Noi Bai Airport and Noi Bai-Nhat Tan expressway.

The Ministry of Construction has announced that provincial People's Committees must submit a report detailing the misuse of apartment buildings in their localities no later than March 30.

For over the past month, foreign investment in Ho Chi Minh City has been poured mostly into small service projects, according to investment experts.

Foreign and domestic developers are rushing to build new tourism resorts in the Central Highland province of Lam Dong, especially in Da Lat City, after realising the huge potential of its tourism real-estate sector.

The southern province of Binh Duong licensed six new foreign investment projects capitalised at US$116.5 million in January 2010.

Leasing contracts for State-owned land should be terminated if lessees violate the Land Law, and those who re-lease public land must pay the higher rents received to the State budget, the Ho Chi Minh City Department of Natural Resources and Environment has proposed.

A representative from the Japan International Co-operation Agency (JICA) has said his agency will accelerate the Japanese ODA-funded projects in Vietnam.

Prime Minister Nguyen Tan Dung has asked officers and workers who are working at the construction site of Can Tho Bridge to ensure the progress of the work in order to complete the construction before March 30.

Urban areas throughout the nation now have more than 3 million square metres of residential buildings that are more than 18 years old, a recent survey by the Department of Housing shows.