Zing reported from the Vietnam Affiliation of Realtors (VARS), mentioned that because of the epidemic scenario, from 2020 to now, as much as 28% of actual property exchanges are prone to dissolution or chapter; 32% of items are struggling to take care of, want the help of macro insurance policies, the group and 40% of companies are nonetheless in a position to maintain, however not excessive. If it takes 1-2 extra months to battle the epidemic, the chance of chapter will proceed to extend.
Additionally in line with VARS, greater than 80% of exchanges at present don’t have any income or very low income. Solely about 1% of brokers have steady income, 16% of brokers have 50-80% of income, 51% of brokers have lower than 50% of income, about 32% of brokers don’t have any income.
The depleted wage fund precipitated many items to chop workers. Particularly, 78% of exchanges needed to cut back workers (retirement) or quickly lay off with out pay; 45% of the staff of the exchanges that made the reduce not have revenue – equal to 26,325/75,000 workers working at 500 exchanges. In the meantime, the remaining workers are entitled to wage however primarily fundamental wage, sick go away allowance, or 50% wage resulting from rotating work. Presently 28% of the ground not has a wage fund to pay workers.
Nonetheless, to date, 89% of exchanges aren’t entitled to preferential lending insurance policies from coverage banks to pay salaries for job stoppage, wage for manufacturing and enterprise restoration. As well as, 70% of the ground additionally mirrored that they might not cut back the price of renting area, even when they needed to shut or droop operations to battle the epidemic.
Though the exchanges have been proactive and versatile, altering enterprise plans by way of adaptation, know-how software, and digital transformation in gross sales, it’s not sufficient to beat difficulties.
On September 5, the Vietnam Actual Property Brokers Affiliation (VARS) knowledgeable concerning the proposal to the Ministry of Building and associated businesses to undergo the Authorities to regulate insurance policies to help funding and enterprise enterprises. Actual property service companies, actual property brokers face difficulties due to the Covid-19 epidemic.
In response to Newspaper, VARS proposed so as to add the actual property enterprise to “Article 2. Topics of software” in Decree 52/2021/ND-CP dated April 19, 2021 on extending the tax cost deadline. worth added, company revenue tax, private revenue tax and land lease in 2021 of the Authorities.
VARS additionally expressed its want to cut back 50% of revenue tax for actual property buying and selling flooring companies that come up from Might to the top of 2021 with a purpose to have situations to revive manufacturing and enterprise quickly; have insurance policies for banks to cut back the reimbursement schedule, modify rates of interest moderately, assist companies cut back stress on charges and deal with difficulties through the time affected by the COVID-19 epidemic.
Particularly, VARS proposed the authorities to speed up the adjustment program to take away obstacles within the authorized course of for funding procedures with a purpose to enhance the dealing with of administrative procedures for actual property funding tasks. actual property, growing the provision for the market and stimulating funding actions of the society.
VARS additionally requested the venture proprietor to help, facilitate, and never penalize the contract if the exchanges haven’t fulfilled their dedication to the gross sales schedule resulting from social distancing. On the similar time, VARS recommends that venture house owners don’t owe brokerage charges of exchanges; early cost or not less than partial cost in order that the exchanges have funds to take care of operations.
