Real estate retains second position in FDI attraction
InvestmentReal estate remained the second biggest magnet for foreign direct investment (FDI) in 2019, following processing – manufacturing, as it attracted USD3.88 billion, equivalent to 10.2 percent of the total registered.
Kien Giang grants licences to 20 real estate projects
ProjectsGovernment of Kien Giang province has granted investment licences to 18 investors in 20 property projects, with a combined investment of more than VND43.38 trillion ($1.86 billion).
Alibaba’s 29 property projects under probe
PolicyThe Ministry of Public Security has written to the southern province of Dong Nai asking for documents involving 29 property projects developed by local firm Alibaba Group as part of an investigation into these projects.
