Real estate attracted over 400 FDI projects in H1/2011.

By bne IntelliNews July 12, 2011
Vietnam attracted over 400 foreign direct investment (FDI) projects, worth more than USD 42.8bn in the first half of this year. As reported by Vietnam News Summary, the figures indicated a slowdown in the real estate market, owing to the government's monetary tightening policy to reduce inflation resulting in the increase of capital from foreign property developers in the Vietnamese market, especially medium-sized businesses. However, businesses with strong economic potentials and sharp business strategies are likely to perform well during this period. The number of merger and acquisition deals also increased as a consequence of very fast growth of real estate over the past period.
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