Topic: state management agencies

Vietnam’s real estate market has exhibited a number of shortcomings in recent times, with prices rising compared to incomes and the market information database lacking synchronization and transparency. State management agencies are now reviewing regulations, identifying ways to diversify capital sources, and proposing policies to create new development drivers for the market.

The impacts from the Russia - Ukraine conflict and China’s Zero Covid policy are causing difficulties for local businesses. Many believe State management agencies need to drastically improve the business environment, creating more favorable conditions for businesses.