The private business sector in Việt Nam is vital for the economy, however, obstacles and challenges remain, which can only be overcome through the combined efforts of policymakers and business leaders next year.

The Việt Nam Cashew Association has provided VNĐ1.5 billion (US$66,000) to the Cambodian Ministry of Agriculture, Forestry and Fisheries for growing one million cashew trees on a total area of 500,000 hectares from now through 2022.

Việt Nam's hotel and resort real estate needs to have a comprehensive plan to ensure its development is on the right track.

Fugi Engineering Việt Nam, a member of Japan’s Fuji Group, on Thursday opened the first wholly-foreign-investment serviced apartment building for lease in Hà Nam Province.

Real estate inventories were estimated at VNĐ25.7 trillion (US$1.13 billion) at the end of November, according to the Housing and Real Estate Market Management Department under the Ministry of Construction.

The smart city project along the Nhật Tân-Nội Bài route with investment equal to US$4 billion is expected to begin construction in the first quarter of next year.

The Ministry of Resources and Environment early this week issued a circular suspending a regulation that required each family to include information about every member in their certificate of land use rights, or red book, instead of only the head of household.

The State Capital Investment Corporation (SCIC) collected VNĐ137 billion (US$6 million) after auctioning 5.35 million shares of Việt Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) on the Hà Nội Stock Exchange on December 8.

Shares bounced back slightly on Friday on the HCM Stock Exchange but slipped on the Hà Nội bourse, affected by the somber result of the State Capital Investment Corporation’s (SCIC) divestment from Vinaconex.