Hanoi, Feb. 14 -- Vice Chairman of the Vietnam National Real Estate Association (VNREA) Nguyen Van Dinh has outlined two scenarios for Vietnam's property market in 2025, influenced by the ongoing scheme to streamline the political system's organisational apparatus.

In the optimistic scenario, the apparatus streamlining efforts will reduce administrative time and costs, and legal policies will be eased, providing vital support for the real estate market. This will allow the sector to enter a new phase of growth and development.

On the other hand, in a more challenging scenario, if newly merged agencies or individuals lack initiative or are hesitant to sign off on necessary documents, the investment processes for real estate projects may ...