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NEW UPDATES Asean Affairs  29 May  2015  

Association for property brokers launched

The Viet Nam Association of Property Brokers made its debut yesterday in Ha Noi. The association represents individual brokers, real estate trading floors and brokerage companies.

Also, the Director of Housing and Real Estate Market Management Department, Nguyen Manh Ha, was appointed president of the association.

Speaking at the ceremony, Nguyen Van Dinh, the association's general secretary, said the association would connect real estate brokers nationwide, as well as guide them to establish a common order that follows the culture and standards of their job.

Dinh added that they will form an organisation that intends on attracting investors both from within and outside the country.

"The association will co-operate with Viet Nam Real Estate Association (VNREA) to organise regular trade fairs for brokers. It is expected that a property fair would take place in Ha Noi in July," he said.

He also noted that the law requires brokers earn certificates, though there is no defined punishment for those operating without certificates.

VNREA officials noted that, in recent years, brokers have played an increasingly important role in estate trading activities. Brokers have not only promoted successful transactions in the market, but also provided information and identified demand and supply.

However, all activities, rights and benefits of brokers have not been protected, while some brokers who lacked professional standards, thus losing trust from home buyers.

During the ceremony, the Centre for Property Promotion in Viet Nam and the Viet Nam Association of Property Brokers signed a co-operation agreement and introduced its website at or

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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