Compile and Install vim on Linux

Commands

wget ftp://ftp.vim.org/pub/vim/unix/vim-7.3.tar.bz2
tar jvxf vim-7.3.tar.bz2
cd vim73
./configure --enable-gui=no \
            --enable-multibyte \
            --enable-cscope \
            --disable-netbeans \
            --prefix=<your_desired_vim_home>
make
make test
make install

Change you environment variable PATH to add vim bin path. Following commands are for bash.

Temporary change
    export PATH="<your_vim_home>/bin;$PATH"

Permanent change
    echo -e '\nexport PATH="<your_vim_home>/bin;$PATH" ' >> ~/.bash_profile