Thousands of apartment units will be put onto the market in Hanoi and Ho Chi Minh City in the near future, leading to fears of an oversupply in real estate.
Beachside land in the centre of Danang city is being hunted by real estate investors because of the potential high profit due to the large number of tourists in these areas.
The “Doing Business in Vietnam Guide” has been launched to inform foreign investors about the quirks of the Vietnamese business environment.
International ratings firms are predicting another year of high growth for Vietnam’s economy.
The 2nd Red River Delta Climate Change Symposium organised on February 25 by the Ministry of Agriculture and Rural Development (MARD), advocated for increased investment to help the region adapt to climate change, especially at the whole-of-delta level.
The issue of cross ownership has hindered Vietnam’s banking industry over the last ten years, causing damage to and threatening the stability of the local banking system.
Dung Quat refinery may have to close temporarily because its main products, diesel and Jet A1 fuel, cannot compete with imported counterparts since the tariff on diesel and Jet A1 from ASEAN member states has been eliminated, starting from 2016.
Numerous Vietnamese enterprises’ efforts to expand operations to foreign markets have brought considerable success.
Vietsovpetro is cutting 2,000 jobs in the next five years, according to newswire vneconomy.
The real estate sector is forecast to remain the most attractive investment channel in 2015 due to the growing demand in the residential, office, and hospitality segments.