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Summary

33 PROPERTY 44 DIGITAL BIZ
REAL ESTATE MARKET FACING BLOCKCHAIN INDUSTRY

HOST OF DIFFICULTIES SHORT OF HUMAN

Complex legal procedures, lack of land funds RESOURCES
and investment capital, a mismatch in supply
and demand, and rapid increases in sales prices
are putting Vietnam’s residential real estate Blockchain has been recently emerging as a
market in a difficult situation. Real estate hot technology industry in Vietnam,
speculation is also being seen in some localities attracting the attention and resources of tech
and may lead to a real estate bubble. investors, startups, and investment funds.
However, the number of human resources
skilled in blockchain is far short of needs.
Analysts believe it is necessary to introduce
appropriate policy solutions to help improve
36 BANKING & FINANCE human resources in the industry.

INTEREST RATE

SUPPORT PACKAGE
IMPORTANT IN

HELPING BUSINESS

Decree No. 31/2022/ND/CP issued by the government on
supporting 2 per cent of interest rates on loans of businesses,
cooperatives, and business households is one of the most
anticipated policies this year. The support will help businesses
increase their capital and maintain and expand production and
business activities post-pandemic.
42 TRADE - MARKETS
ENTERPRISES TO PUSH REDUCTIONS
40 TRADE - MARKET
IN CARBON EMISSIONS

Vietnam’s business community has always played an
important role in promoting the implementation of
climate change response measures and in ensuring
sustainable development. Businesses therefore need
to make efforts to promote sustainable business
through initiatives such as zero emissions and
promoting the circular economy model, which
VIETNAM’S WOOD EXPORTS STILL increases the use of renewable energy in the
VIETNAM’S WOOD EXPORTS STILL
manufacturing process by reusing certain products.
FACE OBSTACLES
FACE OBSTACLES

According to data from the General Department of Vietnam
Customs, export turnover of wood and wooden products in June
stood at $1.5 billion, down 4.9 per cent year-on-year. According to
the Vietnam Timber & Forest Products Association (VIFORES),
exports continue to face difficulties from Covid-19, the Russia -
Ukraine conflict, and rising inflation in many markets causing
consumers to tighten their spending on wooden products.

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