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This edition of Asia Pacific IMRE News contains articles that focus on topical issues within the Asia Pacific region, including "Vietnam – swift economic growth causes real estate demands to soar". In recent years Vietnam has reached a number of political, economic and regulatory milestones that resulted in a significant increase in interest from the outside world. These include the implementation of the Common Investment Law and the Unified Enterprise Law in effect since July 2006, the hosting of the 14th Asia Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in November 2006 and the admission to the World Trade Organisation in January 2007. Given these achievements, which required years of preparation, it is not surprising that the country is often praised for its political stability, commitment to openness and investor-friendly policies.
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