Financial Times FT.com

Demand drives opportunity in Vietnam

By Amy Kazmin in Hanoi

Published: March 10 2008 02:00 | Last updated: March 10 2008 02:00

From the window of his office in Ho Chi Minh City's central business district, Dominic Scriven, managing partner of Dragon Capital, a boutique investment bank focused on Vietnam, can gaze at several large, empty plots of land that have stood vacant for at least five years.

Meanwhile, Dragon's office rent has doubled over the last year, as prices have rocketed due to the intense shortage of office space in the booming economy.

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