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Property developers in Vietnam face a steep path to long-term growth, with various hurdles awaiting them in the next 12 months, including challenges related to funding access and an evolving regulatory landscape.
The State Bank of Vietnam set the daily reference exchange rate at 23,720 VND/USD on July 14, down 38 VND from the previous day.
Vietnam has to date attracted 37,500 foreign direct investment (FDI) projects worth nearly 450 billion USD, including 1,100 projects in real estate with a total capital of 66.4 billion USD, heard an international workshop in Hanoi on July 13.