Evaluating Financial risks in Real estate projects: A representative case study in Vietnam

• Main Authors: Pham, Nam Anh, 范南英
• Other Authors: Guo, Sy-Jye
• Format: Others
• Language: en_US
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/2tvkk7

碩士 === 國立臺灣大學 === 土木工程學研究所 === 107 === Vietnam is a developing country with a young population and considerable urbanization, especially in two cities - Hanoi and Ho Chi Minh. They are two important economic centers of Vietnam, attracting a huge amount of labor force across the country. This leads to great pressure on accommodation issue. Therefore, it is inevitable that the real estate market in these cities is also developing in a dynamic way. The development of the real estate market, especially housing and apartment, brings many benefits to the economy. However, the lack of control results in serious consequences. One of the significant factors affecting the real estate project is the financing. After some crises which have occurred in this market in Vietnam, the government has taken actions to tie the financial problems of the real estate project more closely. These problems noticeable affects the plan and especially the project implementation process. This study aims to help project developers realize the financial status of real estate projects by analyzing the financial risks that the project may face while the project is being implemented and evaluating their impact on investors'' expectations. Therefore, they can make appropriate decisions to respond to those potential influences. This research uses a case study which is a representative real estate project in Hanoi. In addition, the study also discusses differences of real estate projects in Vietnam and Taiwan.