New report details corruption risks in Vietnamese real estate deals
Per the authors:
A new joint-donor study, led by the Technical Advisory Services and commissioned by the Embassy of Denmark, the World Bank, and the Embassy of Sweden in Vietnam “Recognizing and Reducing Corruption Risks in Land Management in Vietnam” systematically examines the process of obtaining a land-use rights certificate and the processes associated with land acquisition and allocation. The study identifies the policies that make corruption so profitable, and the challenges that make it so difficult to stop.
Although a dense report, this is a must-read for real estate investors and developers exploring opportunities in Vietnam. Click here for the full report.