Banks have poured money in real estate projects in Vietnam, according to experts.

Government of the Northern province Vinh Phuc will revoke the investment license for 2 industrial parks, with a total investment cost of nearly VND 3.7 trillion.

The country has borrowed big money to develop industrial infrastructure, but this has mostly brought benefits to foreign invested enterprises (FIEs) and industrial zones (IZs).

The amount of FDI going to Vietnam’s property sector in the opening months of 2019 paints a bright picture for the real estate market this year.

Authorities of Ho Chi Minh City (HCMC) and Tay Ninh province are developing shopping malls and service facilities along the HCMC - Moc Bai expressway to raise revenue for construction of the expressway.

Abundant potential for tourism and renewable energy development has turned Vietnam’s central region into an investment hot spot.

China-based electronics manufacturer TCL has registered to build two factories to produce speakers, headphones and other accessories in Quang Ninh province.

Investors are still pouring money into homestay projects in Vietnam with the hope that the investment can bring them high profits.

The rapid growth of accommodations, especially 1-3 star hotels, has lead to a hotel oversupply in Da Nang city.

A conference on foreign investment attraction to Binh Duong province was held in Sydney earlier this month, attracting representatives from the business communities of the two countries.

Government of Vung Tau city has adjusted a master plan for the Southern city that initially got approval from the Prime Minister in May.

Among foreign retail giants, Auchan has left the Vietnamese market, while MM Mega Market and Big C have seen revenue decline. Only Aeon Mall and Lotte Mart continue to expand and reap profit.

Land clearance work for the construction of Van Don – Mong Cai highway in Quang Ninh province has been completed, according to a local official.

People's Committee of the South Central Coastal province Binh Dinh has just issued criteria for auctioning land use rights to implement a project on the K200 land site on An Duong Vuong road, close to the Quy Nhon beach.

In the second half of this year, the South Central Coastal province of Binh Dinh will focus on big labor-intensive projects with foreign or domestic investment, the local government said.