Private funding expert Tai Tran said other investment channels are struggling with numerous challenges. “The interest rate is too small to mobilise capital, and gold is managed so no-one can buy SJC, while it is challenging to earn from securities now. So real estate is a good channel and developers are accelerating the process to build and launch new projects at higher prices,” Tran said.

Vietnam's alternative lending is expected to grow by 24 per cent on an annual basis to reach $441.2 million in 2024, according to a report released by Research and Markets on September 16. The report shows that Vietnam's alternative lending sector has experienced significant growth over the past six months of 2024, driven by the increasing adoption of digital financial solutions and the rise of fintech companies offering flexible lending options.

In the first half of 2024, tax authorities addressed violations involving 4,560 taxpayers including 1,274 enterprises and 3,286 individuals, resulting in tax collections and fines totaling VND297 billion. With domestic e-commerce revenue estimated at VND1.98 trillion and taxes paid amounting to approximately VND54,000 billion, there is still much room for further tax collection, according to official assessments.