Official reports show an increase in foreign direct investment (FDI) in the real estate sector, as a number of mergers & acquisitions (M&A) deals and investment from Singaporean tycoons have been made recently. 

Vietnam will build a policy on comprehensive competition by 2017, Director of the Central Institute for Economic Management (CIEM) Nguyen Dinh Cung said at a workshop in Hanoi on August 3.

Vietnamese real estate is attracting Japanese investors thanks to the market’s recovery and the country’s deep integration into the global economy.

 VnExpress, an online newspaper, has opened an online shop to sell iPhones, while The Gioi Di Dong, a mobile phone distribution chain, has decided to sell vegetable and meat. And banks have been warned that they will have to compete with Uber or Apple. 

Nguyen Duc Thanh, director of the Viet Nam Institute for Economic and Policy Research, spoke to Hai Quan (Customs) newspaper about the country’s economic development targets.

Four months after the deadline set by the State Bank of Viet Nam (SBV) for resolving cross ownership in the banking system, the problem persists.