Property credit valve is shut off

Property credit valve is shut off

Unfortunately, Vietnam will be considered a risk to the majority of foreign banks and therefore they will have strict lending criteria, requiring the developer to demonstrate they have a strong track record and the financial muscle.”- Stephen Wyatt Country director of Knight Frank
Firms need to get back to core tasks

Firms need to get back to core tasks

Vietnamese enterprises that invested in non-core business areas are being burnt by the blow torch of failure.