Prime Minister Nguyen Xuan Phuc has approved a proposal from the Ministry of Planning and Investment to add three industrial parks (IPs) in southern Dong Nai province to the national planning for IP development towards 2020.

A number of banks have announced plans to auction off their collateral assets in an attempt to speed up bad debt recovery.

With the government tightening control over permits, Hanoi’s second quarter new apartment supply fell to a seven-year low.