Occupying a unique position along the Pacific Ocean, Gulf of Thailand and Gulf of Tonkin, along with shared land borders with China, Laos and Cambodia, Vietnam is well-positioned to become a dominant regional transportation centre.
Occupying a unique position along the Pacific Ocean, Gulf of Thailand and Gulf of Tonkin, along with shared land borders with China, Laos and Cambodia, Vietnam is well-positioned to become a dominant regional transportation centre.
With a population of approximately 95m, Vietnam is an important regional market both for global technology vendors and for home-grown entrepreneurs. The latter are getting more encouragement to innovate as the country modernises and adopts international standards in areas such as communications infrastructure and education technologies.
After a four-year-long freeze, the Vietnamese real estate market is now entering its recovery phase. The market had reached its peak in 2009 but started to drop off the following year and had entered a cooling period until 2014. The cycle that began before the downturn was marked by a large stream of supply, particularly apartments, which had...
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...
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...
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