Vietnam's real estate market continues to show strong appeal to foreign investors despite global economic difficulties. The foreign direct investment (FDI) into Vietnam’s real estate market in 2022 rose by over 70% yearly to US$4.45 billion, focusing on industrial and large-scale commercial projects, according to the Ministry of Construction (MoC). Real estate projects in Hanoi. File photo The MIC’s report suggested that real estate stands second among sectors with the highest FDI attraction in 2022, which showcases “the strong appeal of the market to foreign investors amid a difficult global economic environment.” Neil MacGregor, Managing Director of Savills Vietnam, echoed this view by saying foreign investors remain attracted to Vietnam, especially in production, retail, logistics, and real estate. He expected the attention from foreign investors would help the local real estate accelerate the recovery process this year. Regarding this sentiment, HSBC … [Read more...] about FDI to Vietnam’s real estate rises by over 70% in 2022
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General Staff reviews task performance in January 2023
The conference was attended by Deputy Chiefs of the General Staff Senior Lieutenant General Huynh Chien Thang, Senior Lieutenant General Phung Si Tan, Lieutenant General Nguyen Doan Anh, Lieutenant General Nguyen Van Nghia, and Major General Pham Truong Son. In the previous month, the General Staff directed its affiliated units to strictly maintain combat readiness, grasp local situations and address arising issues, contributing to firmly protecting national sovereignty. They also closely worked with relevant forces; observed all directives of of the Secretariat, the Prime Minister and the Directive of the Minister of National Defense on combat readiness and well organized activities in celebration of the lunar New Year 2023 (Tet) with absolute safety. During the Tet holiday, the General Staff extended greetings and inspected combat readiness in some military units, made good preparation for training work in 2023, mobilized troops in response to natural disasters and search and … [Read more...] about General Staff reviews task performance in January 2023