Author: the-shiv

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Real estate: Vietnam developers report record-high inventories in Q2 2025

Inventories of listed Vietnamese developers, including Novaland, Vinhomes, Vingroup, Khang Dien and Kinh Bac, reached a record high of VND 531,000 billion or US$20.42 billion in the second quarter, up 11 percent year-to-date, according to VnExpress. Analysts interviewed view the build-up as a sign of market recovery rather than distress, with most holdings tied to land banks and projects under construction.

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