Dr Le Hong Hiep is a Senior Fellow and Coordinator of the Vietnam Studies Programme at ISEAS – Yusof Ishak Institute. He is also an editor of the institute’s flagship journal Contemporary Southeast Asia.
Before joining ISEAS, Hiep worked for the Ministry of Foreign Affairs of Vietnam and taught at the Faculty of International Relations, Vietnam National University-HCMC.
There are many factors behind Vietnam’s red-hot property market, with loose monetary policy playing a central role. However, the government is reluctant to tighten it due to both political and economic reasons.