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	<title>Creditial &#8211; Spress</title>
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	<description>Spress is a general newspaper in English which is updated 24 hours a day.</description>
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		<title>A virtual currency named after Mrs. Phuong Hang appeared</title>
		<link>https://en.spress.net/a-virtual-currency-named-after-mrs-phuong-hang-appeared/</link>
		
		<dc:creator><![CDATA[Duy Huỳnh]]></dc:creator>
		<pubDate>Tue, 01 Jun 2021 11:12:07 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[Appear]]></category>
		<category><![CDATA[appeared]]></category>
		<category><![CDATA[Binance Chain]]></category>
		<category><![CDATA[Break record]]></category>
		<category><![CDATA[coins]]></category>
		<category><![CDATA[Creditial]]></category>
		<category><![CDATA[currency]]></category>
		<category><![CDATA[Exchanges]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[fantasy]]></category>
		<category><![CDATA[Hang]]></category>
		<category><![CDATA[LIVESTREAM]]></category>
		<category><![CDATA[manipulation]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Miles per hour]]></category>
		<category><![CDATA[Name]]></category>
		<category><![CDATA[Named]]></category>
		<category><![CDATA[Nguyen Phuong Hang]]></category>
		<category><![CDATA[owner]]></category>
		<category><![CDATA[Phuong]]></category>
		<category><![CDATA[Phuong Hang]]></category>
		<category><![CDATA[Speculative]]></category>
		<category><![CDATA[Store]]></category>
		<category><![CDATA[View]]></category>
		<category><![CDATA[Virtual]]></category>
		<category><![CDATA[Virtual property]]></category>
		<guid isPermaLink="false">https://en.spress.net/a-virtual-currency-named-after-mrs-phuong-hang-appeared/</guid>

					<description><![CDATA[Recently, a &#8216;virtual currency&#8217; called Phuong Hang token also appeared after the livestream broke the record of views of Ms. Hang on Facebook. Recently, Ms. Nguyen Phuong Hang has become the center of attention on social networks. Even recently, a &#8220;virtual currency&#8221; called Phuong Hang token has also appeared on social networks. This is a [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Recently, a &#8216;virtual currency&#8217; called Phuong Hang token also appeared after the livestream broke the record of views of Ms. Hang on Facebook.</strong><br />
<span id="more-19765"></span> Recently, Ms. Nguyen Phuong Hang has become the center of attention on social networks.</p>
<p> Even recently, a &#8220;virtual currency&#8221; called Phuong Hang token has also appeared on social networks. This is a cryptocurrency that is created and works based on an existing token. <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_29_329_39008482/d13b6b2d7e6f9731ce7e.jpg" width="625" height="350"> <em> (Screenshots)</em> <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_29_329_39008482/4a6337dc209ec9c0908f.jpg" width="625" height="1137"> <em> (Photo: Facebook NN)</em> Specifically, Phuong Hang token is developed based on the Binance Chain platform. This virtual currency is codenamed MPH (short for Mrs Phuong Hang). The development team said that the creator of the virtual currency Phuong Hang has canceled the token owner rights and left it to the community to manage. The total issuance of Phuong Hang token is 26,011,971,000,000 (26 trillion tokens). The number of tokens created according to the birth date of giant Nguyen Phuong Hang is January 26, 1971. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_29_329_39008482/bbe0c25fd51d3c43650c.jpg" width="625" height="316"> <em> (Photo: Facebook NN)</em> 60% of these tokens will be liquidated on the Pancake virtual currency exchange and locked for 1 year, 30% burned and 10% used for marketing and airdrop costs. Currently, investors can buy Phuong Hang virtual currency for 1 MPH to exchange 0.00000000279451 USDT (Each USDT is equivalent to 1 USD). <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_29_329_39008482/ae05c1a1d6e33fbd66f2.jpg" width="625" height="350"> <em> (Screenshots)</em> Similar to Dogecoin, Shiba coin or Akita coin, &#8230; Phuong Hang virtual currency or Phuong Hang token is actually a type of meme coin (virtual money born for entertainment purposes). This currency is very easy to manipulate by celebrities. Their value can also turn around at any time. Therefore, investors need to be very careful when speculating or hoarding this virtual asset.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">19765</post-id>	</item>
		<item>
		<title>Virtual money hiding multi-level ball is heavily advertised by Vietnamese artists</title>
		<link>https://en.spress.net/virtual-money-hiding-multi-level-ball-is-heavily-advertised-by-vietnamese-artists/</link>
		
		<dc:creator><![CDATA[editor]]></dc:creator>
		<pubDate>Thu, 13 May 2021 18:30:08 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[advertised]]></category>
		<category><![CDATA[advertisement]]></category>
		<category><![CDATA[Alert]]></category>
		<category><![CDATA[artists]]></category>
		<category><![CDATA[Ball]]></category>
		<category><![CDATA[Ball cover]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[CELEB]]></category>
		<category><![CDATA[Creditial]]></category>
		<category><![CDATA[Fauna system]]></category>
		<category><![CDATA[FOREX]]></category>
		<category><![CDATA[Frantic]]></category>
		<category><![CDATA[Heavily]]></category>
		<category><![CDATA[Hiding]]></category>
		<category><![CDATA[high]]></category>
		<category><![CDATA[invalid]]></category>
		<category><![CDATA[Lion Community]]></category>
		<category><![CDATA[Lion Group]]></category>
		<category><![CDATA[Lion Team]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[Multilevel]]></category>
		<category><![CDATA[Post]]></category>
		<category><![CDATA[Shiba Inu]]></category>
		<category><![CDATA[Swordless murder]]></category>
		<category><![CDATA[Vietnamese]]></category>
		<category><![CDATA[Virtual]]></category>
		<category><![CDATA[Withdrawal]]></category>
		<guid isPermaLink="false">https://en.spress.net/virtual-money-hiding-multi-level-ball-is-heavily-advertised-by-vietnamese-artists/</guid>

					<description><![CDATA[Recently, many Vietnamese artists post advertisements for a virtual currency that is said to be of a virtual currency multi-level exchange that investors need to be extremely cautious and vigilant about. Recently, many Vietnamese artists post advertisements for a virtual currency that is said to be of a virtual currency multi-level exchange that investors need [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Recently, many Vietnamese artists post advertisements for a virtual currency that is said to be of a virtual currency multi-level exchange that investors need to be extremely cautious and vigilant about.</strong><br />
<span id="more-13885"></span> Recently, many Vietnamese artists post advertisements for a virtual currency that is said to be of a virtual currency multi-level exchange that investors need to be extremely cautious and vigilant about.</p>
<p> <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_12_523_38824985/4d9553b14df3a4adfde2.jpg" width="625" height="453"> <em> Popular form of virtual currency today.</em> Yesterday, May 11 can be seen as a virtual currency day when a series of anonymous and worthless coins are pumped by a stream of billionaire Mark Zuckerberg&#8217;s status. In the afternoon of the same day, the virtual currency fever began to spread rapidly in Vietnam when many Vietnamese artists posted the same status, alluding to this AquaGoat, Shiba Inu fever. <strong> Virtual money hiding multi-level ball. </strong> Virtual money or electronic money (cryptocurrency) has always been a &#8220;hot&#8221; issue since Bitcoin exploded in value around the second half of 2017 until now. The value of this coin has increased many times to more than 57,000 USD (as of the morning of December 12, 2121). Recently, many other virtual currencies also appeared and &#8220;followed&#8221; this trend, fluctuations and statements of famous people. Elon Musk &#8211; billionaire owner of Telsa company not long ago made statements that made Dogecoin virtual currency soar. In Vietnam, virtual money is also causing certain &#8220;investment fever&#8221; from amateur players. Recently, many Vietnamese celebs such as Ngoc Trinh, Kieu Minh Tuan, Nam Thu, Le Duong Bao Lam &#8230; suddenly posted status on personal Facebook pages related to this topic. &#8220;Underwear Queen&#8221; Ngoc Trinh seems to be more enthusiastic when posting 4 different statuses around virtual currency investment one day. She also showed off a photo of an account with more than 186 Bitcoin (BTC), with a school value at that time was more than 55,000 USD / BTC, Ngoc Trinh&#8217;s account exceeded 10 million USD, a number that can be called &#8220;impossible&#8221;. However, many people later claimed that the account was fake, not owned by her. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_12_523_38824985/e0512d8f32cddb9382dc.jpg" width="625" height="375"> <em> The virtual money trap hits human greed.</em> FXT is a multi-level virtual currency used by Lion Group (or Lion Team, Lion Community) to entice investors with huge commitment to profits. This incident has been City Police. Da Nang issued a warning from the beginning of February. Accordingly, Lion Group&#8217;s operations do not comply with the law, investors who lose money will not be protected by the law. About a week ago, press agencies began to reflect on the corruption and fraud of the Lion Group. A few days ago, Lion Group&#8217;s multi-level exchange disabled participants&#8217; ability to withdraw money. That is, FXT buyers are now holding a pile of insolvent, worthless cryptocurrencies. It is worth mentioning that despite being warned in a recent week, Lion Group still hired artists to advertise for FXT in order to get the best shot. On virtual money groups, Vietnamese investors are frustrated because some artists disregard everything to make a profit based on the lack of understanding of a large part of the population. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_12_523_38824985/63ff89da97987ec62789.jpg" width="625" height="417"> <em> Virtual money always lurks in many different forms.</em> <strong> Virtual money, virtual name but losing money is real.</strong> Investor Eric Vuong rated the artists&#8217; actions as&#8217; crime, murder without knives&#8217;. &#8220;You should only invest in coins when you know the nature of the model, or you can accept the risk of losing all the money involved,&#8221; he stressed. According to experts, the hallmark of multi-level virtual currencies is commitment of huge profits, loss covers, account fire protection, mostly only traded on small exchanges, newly established exchanges with traffic. Access mainly comes from Vietnam. These currencies usually have no information about the development team, blockchain, whitepaper or if any is fake. In this incident, the type of Forex (Foreign Exchange Market) cryptocurrency was not licensed in Vietnam. So when receiving &#8220;advertising contracts&#8221;, artists need to find out clearly to avoid breaking the law./.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">13885</post-id>	</item>
		<item>
		<title>Many Vietnamese stocks are still at an attractive price range compared to the region</title>
		<link>https://en.spress.net/many-vietnamese-stocks-are-still-at-an-attractive-price-range-compared-to-the-region/</link>
		
		<dc:creator><![CDATA[Thái Duy]]></dc:creator>
		<pubDate>Mon, 19 Apr 2021 06:22:10 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Attractive]]></category>
		<category><![CDATA[BVSC]]></category>
		<category><![CDATA[Central bank]]></category>
		<category><![CDATA[compared]]></category>
		<category><![CDATA[Correlate]]></category>
		<category><![CDATA[Creditial]]></category>
		<category><![CDATA[Equity]]></category>
		<category><![CDATA[HSX]]></category>
		<category><![CDATA[Index]]></category>
		<category><![CDATA[Interesting]]></category>
		<category><![CDATA[KOSPI]]></category>
		<category><![CDATA[Listed company]]></category>
		<category><![CDATA[Macro]]></category>
		<category><![CDATA[P E]]></category>
		<category><![CDATA[Price]]></category>
		<category><![CDATA[Probability]]></category>
		<category><![CDATA[Profitable]]></category>
		<category><![CDATA[Range]]></category>
		<category><![CDATA[Ratio]]></category>
		<category><![CDATA[region]]></category>
		<category><![CDATA[Shanghai]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[Stock]]></category>
		<category><![CDATA[Stock market]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[Vietnamese]]></category>
		<category><![CDATA[Vn index]]></category>
		<guid isPermaLink="false">https://en.spress.net/many-vietnamese-stocks-are-still-at-an-attractive-price-range-compared-to-the-region/</guid>

					<description><![CDATA[According to Bao Viet Securities Company (BVSC), with high return on equity, stocks in the VN-Index are being traded at a very attractive price range when comparing correlatively. with other regional and international stock markets. Many macro factors will support the market&#8217;s growth trend in the whole year 2021. Photo: Duy Dung. The probability of [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>According to Bao Viet Securities Company (BVSC), with high return on equity, stocks in the VN-Index are being traded at a very attractive price range when comparing correlatively. with other regional and international stock markets.</strong><br />
<span id="more-4731"></span> <img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_18_578_38566239/9193ec6ac82821767839.jpg" width="625" height="416"> </p>
<p> <em> Many macro factors will support the market&#8217;s growth trend in the whole year 2021. Photo: Duy Dung.</em> <strong> The probability of VN-Index falling is not high</strong> According to BVSC&#8217;s report, compared with the movements of the VN-Index in the past, the current P / E of the VN-Index is already higher than the 5-year average. However, according to BVSC&#8217;s observation, at the current P / E, the probability of a market decline is not high. In addition, with the recovery of the economy, according to BVSC&#8217;s forecasts, profits of listed businesses will grow by 27.3% by 2021 (compared to 2020). With the profit growth of listed companies, the P / E of the VN-Index is likely to drop to 15 times &#8211; lower than the 5-year moving average (16.41 times) of the VN- Index; therefore, the 2021 P / E level of the market is still attractive. BVSC&#8217;s experts believe that the Vietnamese market is attractive compared to other markets in the region, but it is very important to the ability to attract foreign capital, connect with the flow of investment capital in the world. equals the valuation of Vietnamese stocks in terms of general ground. Up to now, the market liquidity and the ETFs participating in the market have also contributed to help the Vietnamese market&#8217;s valuation ground closer to other markets in the world. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_18_578_38566239/6ecb14323070d92e8061.jpg" width="625" height="391"> As of April 9, 2021, compared to the sample of 12 markets observed by BVSC, including countries in frontier, emerging and developed markets, the P / E of the VN-Index is currently at 19.11 times. &#8211; 4th low out of 13 markets followed and just above P / E of Shanghai Index (17.61 times) of China, Hang Seng (14.86 times) of Hong Kong and KOSPI (12.99 times) of Korea. These are also 3 markets with a sharp decrease of more than 10%, in February and March. Meanwhile, “the rate of return on equity of the companies listed on the HSX stock exchange is at the highest level among the markets we monitor. This shows that, in general, with high return on equity, stocks in the VN-Index basket are being traded at very attractive price ranges when compared with other markets. other securities in the region and internationally ”- said BVSC&#8217;s expert. <strong> The market still maintained an uptrend throughout the year</strong> According to experts from BVSC, despite facing an interest rate hike in 2022, the stock market can normally recover and then rebound after early monetary tightening. first. The reason for this is that central banks in many countries often practice monetary tightening since the economy is still in the growth phase, when businesses still have positive business results and do. reduce the impact of increasing operating rates. Therefore, BVSC believes that the world stock market is not too concerned when central banks of countries implement interest rate hikes or monetary tightening for the first time. In the past, markets often reversed and fell into a downward phase at the third rate hike by central banks. For Vietnam, according to BVSC&#8217;s experts, with the context that GDP growth is accelerating again and can grow impressively in the second quarter; Other macro indicators are operating stably, supporting business activities; listed companies will have good growth in 2021, especially many industries with high growth in the first quarter such as banking, steel &#8230;; and beyond, foreign capital will continue to flow into Vietnam market thanks to its ability to be upgraded and the attractiveness of a dynamic and rapidly growing economy. &#8220;These are factors supporting the market&#8217;s growth trend in 2021&#8221; &#8211; stressed BVSC expert. However, BVSC also notes some potential short-term risks. Accordingly, when the positive information has been reflected in the price, the new cash flows into the market cannot keep up with the price increase, the cash flow is withdrawn from major shareholders &#8211; or companies that sell stocks. Fund &#8230; Besides, when the opportunities to gain from pure stocks derive from cash flow factors, lack of support in the core positive change of the business, will create potential risks. on the ability of the market to correct in the short term./.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">4731</post-id>	</item>
		<item>
		<title>ROS matched a record of 100 million units, did Trinh Van Quyet gather the goods?</title>
		<link>https://en.spress.net/ros-matched-a-record-of-100-million-units-did-trinh-van-quyet-gather-the-goods/</link>
		
		<dc:creator><![CDATA[Anh Nhi]]></dc:creator>
		<pubDate>Fri, 16 Apr 2021 13:10:07 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Bamboo Airways]]></category>
		<category><![CDATA[Ceiling price]]></category>
		<category><![CDATA[Come close]]></category>
		<category><![CDATA[Creditial]]></category>
		<category><![CDATA[established]]></category>
		<category><![CDATA[FLC Faros]]></category>
		<category><![CDATA[FLC Faros Construction Joint Stock Company]]></category>
		<category><![CDATA[FLC Group Joint Stock Company]]></category>
		<category><![CDATA[Gather]]></category>
		<category><![CDATA[Gom]]></category>
		<category><![CDATA[Goods]]></category>
		<category><![CDATA[Information disclosure]]></category>
		<category><![CDATA[Internal shareholders]]></category>
		<category><![CDATA[Listing]]></category>
		<category><![CDATA[matched]]></category>
		<category><![CDATA[million]]></category>
		<category><![CDATA[Order execution]]></category>
		<category><![CDATA[Quyet]]></category>
		<category><![CDATA[Record]]></category>
		<category><![CDATA[Resignation]]></category>
		<category><![CDATA[ROS]]></category>
		<category><![CDATA[Stock ROS]]></category>
		<category><![CDATA[Trading volume]]></category>
		<category><![CDATA[Tre Viet Aviation Joint Stock Company]]></category>
		<category><![CDATA[Trinh]]></category>
		<category><![CDATA[Trinh Van Quyet]]></category>
		<category><![CDATA[units]]></category>
		<category><![CDATA[Van]]></category>
		<guid isPermaLink="false">https://en.spress.net/ros-matched-a-record-of-100-million-units-did-trinh-van-quyet-gather-the-goods/</guid>

					<description><![CDATA[ROS stock recorded a trading volume of nearly 102 million units per session on April 16, setting a new record of liquidity since being listed in 2016 until now. Recently, FLC Faros Construction Joint Stock Company (ROS) has just received an official letter from Mr. Trinh Van Quyet &#8211; Chairman of the Board of Directors [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>ROS stock recorded a trading volume of nearly 102 million units per session on April 16, setting a new record of liquidity since being listed in 2016 until now.</strong><br />
<span id="more-2875"></span> Recently, FLC Faros Construction Joint Stock Company (ROS) has just received an official letter from Mr. Trinh Van Quyet &#8211; Chairman of the Board of Directors of FLC Group, Chairman of the Board of Directors of Tre Viet Aviation Joint Stock Company (Bamboo Airways) announced to buy 20 more million shares of ROS to increase ownership.</p>
<p>Buy transaction execution time is expected to take place within 30 days by matching order method. However, the specific date has not been officially announced.</p>
<p>After information gathered by the Chairman, on April 16, ROS ended at ceiling price 7,710 VND / share, double after just 1 month.</p>
<p><img decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_16_522_38547577/9c6b1ba930ebd9b580fa.jpg" width="625" height="351"></p>
<p><em>Mr. Trinh Van Quyet. </em></p>
<p>Besides, ROS stock recorded a trading volume of nearly 102 million units. Accordingly, ROS has set a new record in liquidity since its listing in 2016 until now.</p>
<p>In the previous session, ROS only reached the matching volume of over 5.3 million units, significantly lower than the recent liquidity of this stock.</p>
<p>Mr. Trinh Van Quyet used to be Chairman of the Board of Directors of FLC Faros for many years but resigned in April 2020 and withdrew most of his holdings.</p>
<p>Currently, Mr. Quyet is no longer a major shareholder or internal shareholder of FLC Faros, so he has no obligation to disclose information before and after the transaction.</p>
<p>The announcement of Mr. Quyet&#8217;s intention to buy with FLC Faros and the announcement of this information on the company&#8217;s website by FLC Faros is completely voluntary, there is no compulsory regulation. Is it possible that Mr. Quyet has picked up ROS shares today?</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">2875</post-id>	</item>
		<item>
		<title>Real estate credit increased by 3% just the tip?</title>
		<link>https://en.spress.net/real-estate-credit-increased-by-3-just-the-tip/</link>
					<comments>https://en.spress.net/real-estate-credit-increased-by-3-just-the-tip/#respond</comments>
		
		<dc:creator><![CDATA[Đào Hưng]]></dc:creator>
		<pubDate>Thu, 15 Apr 2021 07:03:11 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[Capital flows]]></category>
		<category><![CDATA[Consumption]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Credit institutions]]></category>
		<category><![CDATA[Creditial]]></category>
		<category><![CDATA[Dao Minh Tu]]></category>
		<category><![CDATA[Deputy Governor]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[Fever]]></category>
		<category><![CDATA[hot]]></category>
		<category><![CDATA[increased]]></category>
		<category><![CDATA[land]]></category>
		<category><![CDATA[Loan]]></category>
		<category><![CDATA[Market segmentation]]></category>
		<category><![CDATA[real]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Real estate investment]]></category>
		<category><![CDATA[Real estate loans]]></category>
		<category><![CDATA[Real estate market]]></category>
		<category><![CDATA[Rigid]]></category>
		<category><![CDATA[Speculative]]></category>
		<category><![CDATA[The bank of Viet Nam]]></category>
		<category><![CDATA[tip]]></category>
		<guid isPermaLink="false">https://en.spress.net/real-estate-credit-increased-by-3-just-the-tip/</guid>

					<description><![CDATA[The market is emerging many new &#8216;players&#8217; who are using existing capital to trade real estate. On the other hand, it is not excluded that loans, consumption, production and business are used for wrong purposes &#8230; Illustration. As VnEconomy reportedAccording to the latest figures from the State Bank, in the first quarter of 2021, real [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>The market is emerging many new &#8216;players&#8217; who are using existing capital to trade real estate. On the other hand, it is not excluded that loans, consumption, production and business are used for wrong purposes &#8230;</strong><br />
<span id="more-947"></span> </p>
<p><img fifu-featured="1" decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_04_15_3_38534278/530cde73f4311d6f4420.jpg" width="625" height="351"></p>
<p><em>Illustration.</em></p>
<p><strong>As VnEconomy reported</strong><strong>According to the latest figures from the State Bank, in the first quarter of 2021, real estate credit has reached 1.85 million billion dong, up 3%. So this number has fully reflected and is the main reason why the real estate market is so hot today?</strong></p>
<p>During the past 3 years, real estate investment credit has always been closely cared and controlled by the State Bank. Therefore, credit growth in this area tends to decrease. In 2020 alone, it will increase by only 11.89%, while the previous two years 2018 and 2019 will increase from 26-28%.</p>
<p>According to the operator&#8217;s representative, at the end of 2020 and the first quarter of 2021, real estate credit tends to inch up a bit. However, the growth rate is only equivalent to the overall credit growth of the whole country of 2.93%.</p>
<p>Credit for life has also reached nearly 1.87 million billion, up 1.2% compared to the beginning of the year. In particular, although it is difficult, it is also necessary to evaluate how much consumer credit is poured into real estate.</p>
<p>At the same time, compared to the same period in 2020 when the epidemic causes the real estate credit rate to increase by 1.84%, the above rate may be higher. But compared with the time of the first quarter of 2019 was 5.19% and the previous years, this rate is not higher, even much lower.</p>
<p>If you look at the above statistics, it can be seen that real estate credit is not the main cause of the current &#8220;land fever&#8221;.</p>
<p>However, when VnEconomy exchanged with an economist, he said that the above figure could not fully assess the credit flow flowing into real estate. Because, credit for life has also reached nearly 1.87 million billion, or 1.2% increase compared to the beginning of the year. In particular, although it is difficult, it is necessary to evaluate how much consumer credit is poured into real estate.</p>
<p>“When surveying a few projects that are selling land plots in the outskirts of Hanoi, I find that the buyers are mainly speculators, they not only buy 1 or 2 plots, but buy the whole range. In addition to existing out-of-pocket money, capital from the bank is indispensable. It is worth mentioning that they are allowed to borrow capital in the form of consumption, but with the amount of up to tens of billion dong, ”said the expert.</p>
<p>Besides, he also said that the real estate market is welcoming many new &#8220;players&#8221;. They are inherently participating in other industries, but due to the Covid-19 translation, their production and business have stalled. While real estate profit margin skyrocketed, so decided to change direction. In fact, just go online to search for the phrase &#8220;encroach on real estate&#8221; to be able to identify these new &#8220;players&#8221;.</p>
<p>“The capital accumulated for many years has been converted to real estate, while the capital for business operations is borrowed from the bank. Thus, this credit flow will be listed on production and business activities, not on real estate. The statistic is just the tip of the iceberg, ”said the expert.</p>
<p>The State Bank is asking credit institutions to inspect and strengthen supervision of regulations on real estate lending conditions, to ensure compliance with regulations, while being able to manage cash flow when loan.</p>
<p>That is an expert opinion, but on the part of the State Bank, Deputy Governor Dao Minh Tu said there are many reasons for the real estate market to overheat in recent years, such as rumors about planning information, the supply is limited while the demand is great, the land price list increases &#8230;</p>
<p>In addition, Mr. Tu also noted that real estate loans have two subjects, one is lending to the low-cost housing market segments, social houses or real estate with the nature of consumption. it is still guaranteed to serve the people well.</p>
<p>Second, real estate projects and high-end segments such as villas, resorts &#8230; with poor liquidity in the future will be revalued and strictly controlled.</p>
<p>&#8220;Real estate credit status higher than overall credit growth only appears in a few credit institutions and mainly focuses on the first object,&#8221; said the Deputy Governor.</p>
<p>Over the past years, the State Bank has consistently maintained its management target and has taken many measures to control credit in potentially risky areas, including real estate. For example, the system is implementing a regulation on short-term deposits for medium and long-term loans at 40% and that these loans must apply a risk factor of about 200%.</p>
<p>At the same time, the Deputy Governor also said that the State Bank is asking credit institutions to inspect and strengthen supervision of regulations on real estate lending conditions, to ensure compliance with regulations, in parallel. with that is managing cash flow when lending.</p>
<p>“The most important goal of 2021 when setting a credit growth target of 12% is to focus on the priority and necessary areas. Focusing on key works and projects of the State, as well as prioritizing certain economic sectors, such as exports to support economic growth rates according to the goals set by the National Assembly. Therefore, real estate credit will be tightly controlled and cannot increase hotly ”, Mr. Tu emphasized.</p>
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