Investors and homebuyers are enduring several adversities with increase in interest rate of loans due to the fact that banks become more cautious in real estate lending.
Chief operating officer of the property developer Indochina Capital shows his concerns when investors are providing too many attractive offers to condotel buyers in Vietnam.
The latest draft law of the special economic zones has been amended based on the opinions of several members of the National Assembly to reduce incentives for several investment projects including casino, tourism and entertainment services.
Investors are fleeing from BOT (build-operate-transfer) projects in the transport sector after encountering many difficulties.
The country is becoming more selective in the kind of investment it seeks, giving greater priority to high-tech and green sectors.
