On November 22nd, the Lao Real Estate Association represented by Mr Houmphan Saiyalath, Tony, as the president of the REAL hosted Mr. Tran Van Binh, who serves as the Vice President and General Secretary of VARS (Vietnam Association Real Estate Brokers). The visit was characterized by an exchange of souvenirs and gifts, while also providing an opportunity for the two associations to share knowledge and personal experiences within the real estate sector.

The Vietnam Association of Realtors, a prominent social and professional organization, includes entities, organizations, and individuals engaged in the field of real estate brokerage. This association operates voluntarily in accordance with state laws and its own regulations.

In parallel, Rentsbuy Sole Co. Ltd, a professional real estate broker agency established in 2008, was founded by a group of dedicated young real estate professionals. As the leading real estate company in Laos, Rentsbuy is renowned for its extensive listings of high-quality properties, including residential estates. The company has received prestigious recognition, being awarded The Best Property Consultancy for Lao PDR at the Asia Pacific Property Awards in 2017, and is affiliated with the ASEAN Real Estate Network Alliance.

During Mr. Tran Van Binh’s visit, both parties engaged in discussions about potential future collaborations, exploring the feasibility of cooperative projects that could benefit both associations. This meeting was not only a testament to the shared professional standards and aspirations between the two organizations but also highlighted the growing inter-connectedness within the real estate industry in Southeast Asia. By fostering these relationships, both the Lao Real Estate Association and the Vietnam Association of Real Estate Brokers aim to enhance their respective markets and contribute to regional development.

Overall, the visit underscored the importance of international cooperation and knowledge exchange in driving the real estate industry forward, setting a foundation for future partnerships and initiatives.