After the last downturn in the real estate market, things have picked up considerably in Vietnam. This is especially true in terms of access to financing. As commercial lending has resumed, mortgages have been more widely available, while foreign purchasers are no longer barred from buying properties after regulatory changes were enacted to...
There is certainly no shortage of work for companies in construction-related industries as Vietnam has continued to enjoy stable economic growth, a recovering real estate market and a steady stream of foreign direct investment. With upcoming free trade agreements and demand for infrastructure development continuing to rise, the future, at...
As the economy has industrialised the share of agriculture to GDP has more than halved – from 40% in the mid-1980s to around 16% in 2016. Nevertheless, the agriculture sector remains crucial for Vietnam’s development as it continues to employ nearly half of the workforce. This has meant that swings in commodity markets and the environmental...
There is growing optimism that Vietnam is poised to move forward with developing its renewable energy resources. The publication in November 2015 of a Renewable Energy Development Strategy and the priority given to alternative energy in the revised Power Development Plan 7 (PDP 7) suggest rising government appreciation of the role renewables...
Vietnam has become the world’s second-largest coffee exporter and producer, behind Brazil, with beans grown on around 500,000 predominantly small holdings of 0.8 ha to 1.2 ha each. The country is the largest producer of robusta, a low-cost, high-yield family of coffee plants that is normally used in espresso blends or instant coffee...
Substantial hydrocarbons and hydropower resources have allowed Vietnam to be largely energy self-sufficient and supported rapid economic growth. Exploitation of its coal and the harnessing of rivers for hydropower has helped Vietnam meet double-digit growth in demand for power, providing almost universal electricity access to its people.
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