After the collapse of Vietnam’s real estate, it seems like Vietnam is willing to ease restrictions on foreigners owning houses in Vietnam in 2023. To be clear, Vietnam allows foreign citizens to buy condos in selected areas under...
Recently, the Vietnam Immigration Department changed its rules. Now, people from 80 countries can get a 90-day multiple entry e-visa starting from August 15, 2023. In addition, Vietnam allows 25 nationalities to stay longer without a visa. Good...
Vietnam’s real estate bubble has led to a recent drop in prices. Stated-owned bank, Vietinbank, recently announced the sale of 358 foreclosed properties, including four- and five-star hotels, totaling US$337 million. Other banks like BIDV and Sacombank have...
Local companies in Vietnam face business challenges. Manufacturing, IT, and healthcare industries expect over 7% GDP growth. However, retail businesses struggle. Banks tighten lending policies, hampering capital acquisition. Interest rates rise, increasing borrowing costs. Small and medium-sized enterprises...
The ancient strategy of “Divide and Conquer” remains relevant today. Whether in war or competition, this strategy is a powerful tool. In this article, we will explore how Vietnam benefits from this strategy and conquers globalization to win...