Attracting FDI into Vietnam's real estate sector. Current situation and prospects in the period of international economic integration

Vietnamese

LIST OF REFERENCES

1. Le Xuan Ba (2003), The formation and development of the real estate market in the renovation process in Vietnam , Science and Technology Publishing House

2. Le Xuan Ba (2006), Impact of FDI on economic growth in Vietnam , Science and Technology Publishing House.

3. Nguyen Kim Bao (2000), Foreign direct investment in China from 1979 to present , Social Sciences Publishing House.

4. Ministry of Planning and Investment (2005), Strategy for attracting and using FDI capital to 2010 and vision to 2020 , Hanoi.

5. Ministry of Planning and Investment (2004), Situation and solutions to increase FDI attraction in the coming period , Report by Deputy Minister Nguyen Bich Dat presented at the 2004 Foreign Investment Conference, Hanoi.

6. Ministry of Planning and Investment, Investment Newspaper (2005), No. 72-142-153, Investment Newspaper (2007), No. 109-119-122-130.

7. Thai Ba Can (2003), Real estate market - theoretical and practical issues in Vietnam , Finance Publishing House.

8. Dr. Hoang Van Cuong (2006), Real estate market , Construction Publishing House.

9. Agricultural University 1 (2005), Real estate market textbook , Education Publishing House.

10. Chu Thi Hang (2005), Current situation and solutions for FDI in Vietnam's tourism industry , Graduation thesis, Foreign Trade University.

11. Vu Chi Loc (1997), Foreign investment textbook , Education Publishing House.

12. Nguyen Thi Kim Nha (2005), Solutions to increase FDI attraction in Vietnam , PhD thesis in economics, Hanoi.

13. Vietnam Real Estate Magazine (2007), No. 36-37-38-42.

14. Tran Xuan Tung (2005), Foreign direct investment in Vietnam: current situation and solutions , Political Publishing House.

English

15. The Investment Commission of India (2005), India: opportunities in the world's largest democracy.

16. UN (2002), FDI in least developed countries at a glance: 2002, UN conference on trade and development - Geneva, New York.

17. UN (2007), Doing business in Vietnam .

18. UNCTAD, World Investment Report 2001, 2002, 2005, 2006.

Website

19. www.en.wikipedia.org

20. www.stats.gov.cn/english/

21. www.unctad.org

22. www.mofcom.gov.cn/english/

23. www.worldbank.org

24. www.gso.gov.vn

25. www.vneconomy.vn

26. www.mpi.gov.vn

27. www.vietrees.com

28. www.monre.gov.vn

LIST OF ABBREVIATIONS

FDI : Foreign Direct Investment

Real Estate : Real Estate

IMF : International Monetary Fund

OECD : Organization for Economic Cooperation and Development

UNCTAD : United Nations Conference on Trade and Development

M&As : Mergers and Acquisitions

BOT : Build - Operate - Transfer Contract BTO : Build - Transfer - Operate Contract BT : Build - Transfer Contract

TNCs : Multinational Companies

ODA : Official Development Assistance

WTO : World Trade Organization

Foreign Investment: Foreign Investment

APEC : Asia-Pacific Economic Cooperation

WIR : World Investment Report

ASEAN : Association of Southeast Asian Nations

AFTA : ASEAN Free Trade Area

ASEM: Eurasian Economic Union

People 's Committee: People's Committee

REIT : Real Estate Investment Trust

LIST OF TABLES

Page

Chart 1: Total registered and implemented FDI capital in Vietnam in the period 1988-

2006

Chart 2: FDI capital allocation by industry in 2006

Table 3: Largest FDI projects in real estate licensed in 2006

Chart 4: Number of apartments in new projects over the years

Table 5: Labor costs in some major Asian cities

Table 6: Office rental costs in major Asian cities

Chart 7: FDI capital flows in the world 2002-2011

Chart 8: FDI proportion of economies in the world over the periods

Table 9: Assessment of Vietnam's investment environment in the period 2007-2011

Chart 10: Forecast of FDI capital flows into Vietnam in the period 2006-2011

Maybe you are interested!

APPENDIX

Appendix 1 : Number of apartments in new projects over the years

Year

Ho Chi Minh	Hanoi
2002	1234	2110
2003	3418	2000
2004	6222	2200
2005	10474	3700
2006	7500	1200
2007	15263	1600

Appendix 2 : FDI proportion of world economies over periods (%)

1988-1990	1998-2000	2003-2005
Developed economies	82.5	77.3	59.4
Developing economies develop	17.5	21.7	35.9
Other economies	0	1	4.7

Appendix 3 : Forecast of FDI capital flows into Vietnam in the period 2006-2011 (billion USD)

2006

2007	2008	2009	2010	2011
4.05	4.2	6	7	7.5	7.8

INDEX

INTRODUCTION 1

CHAPTER 1: SCIENTIFIC BASIS OF FOREIGN DIRECT INVESTMENT AND ATTRACTING FOREIGN DIRECT INVESTMENT IN THE REAL ESTATE SECTOR4

I. FOREIGN DIRECT INVESTMENT AND REAL ESTATE 4

1. A few words about foreign direct investment 4

1.1. Concept of foreign direct investment 4

1.2. Forms of foreign direct investment 6

1.2.1. Forms of foreign direct investment in the world 6

1.2.2. Forms of foreign direct investment in Vietnam 8

2. A few words about real estate 12

2.1. Real estate concept: 12

2.2. Real estate market 14

2.3. Components of the real estate sector 15

2.3.1. According to the classification of real estate products in the real estate market, there are

can be divided as follows: 15

2.3.2. Considering the characteristics of the type of Real Estate: 16

2.3.3. According to the Law on Real Estate Business 2006 of Vietnam 17

iI. The necessity of attracting foreign direct investment in the real estate sector

product 17

1. The necessity of attracting foreign direct investment 17

1.1 Attracting FDI is appropriate and meets the requirements of international economic integration 18

1.2 The ability to meet each country's capital needs is limited, while the demand is very large.

1.3 FDI has advantages over other foreign investment sources 18

2. Impact of attracting FDI into the Real Estate sector on

with a country 19

2.1 Additional domestic capital sources 19

2.2 Acquiring technology and management know-how 19

2.3 Increase employment and workforce training 20

2.4 Increase budget revenue 20

iii. Experience in attracting foreign direct investment in the real estate sector

of some countries in the world 20

1. FDI in China's Real Estate Sector 21

2. FDI in Indian Real Estate Sector 23

3. Lessons learned for attracting FDI into Vietnam's real estate sector 25

3.1 Lessons from China 25

3.2 Lessons from India 27

Chapter 2: Current status of attracting foreign direct investment in real estate sector

Made in Vietnam 28

i. Legal basis for foreign direct investment in the real estate sector

Vietnam products 28

1. Land Law 29

2. Real Estate Business Law 30

3. Investment Law 32

iI. Current status of foreign direct investment activities and attracting foreign direct investment in Vietnam's real estate sector 33

1. Some features of foreign direct investment situation in Vietnam 35

2. Attracting foreign direct investment in the real estate sector

in Vietnam 41

2.1 General situation of foreign direct investment in the sector

Vietnam real estate 43

2.2 According to the investor 46

2.3 According to investment receiving area 48

2.4 By investment sector 49

2.5 By investment form 49

iii. Assessment of the situation of attracting foreign direct investment in the real estate sector

Made in Vietnam 48

1. Achievements and causes 51

1.1 Achievements 51

1.2 Cause 52

2. Limitations and causes 55

2.1 Limitations 55

2.2 Cause 58

Chapter 3: Prospects and solutions to increase foreign direct investment attraction in Vietnam's real estate sector in the period of international economic integration 57

I. Prospects and challenges of attracting foreign direct investment in the field

Real estate sector in the period of Vietnam's international economic integration 57

1. Trends in attracting foreign direct investment in the field of 60

real estate in the world 60

1.1 Foreign direct investment flows will continue to increase by 60

1.2 Foreign direct investment will focus on economies with high growth rates, with particular attention to regional countries.

Asia 62

2. Prospects and challenges of attracting foreign direct investment

in Vietnam in the period of international economic integration 63

2.1 Prospects in attracting foreign direct investment

of Vietnam in the period of international economic integration 63

2.2 Some challenges in attracting foreign direct investment for Vietnam in the period of international economic integration 67