Hanoi, July 14 -- Vietnam's ongoing administrative reforms, marked by the rollout of a two-tier local administration model and the mergence of administrative units, is ushering in significant changes to local governance methods, expected to remove procedural bottlenecks while enhancing transparency and expanding the real estate sector's appeal to investors, according to insiders. Assessing the impact of the new model, Director at Savills Vietnam's Advisory Services Do Thi Thu Giang said that the deeper decentralisation of authority to local administrations will help reduce processing time for construction permits and project approvals, thereby reducing opportunity costs and increasing investment efficiency. One of the business community's...