Search results: real estate investment

Vietnam remains one of the fastest-growing SE Asian economies with a bright long-term economic outlook. Positive GDP 2.6% growth in 2020, an average 6.7% pa forecast 2021 with full recovery by 2024, according to FocusEconomics. The prolongation of Coronavirus has challenged the recovery of economies in Vietnam.

As the economy had a stellar performance in 2017, Vietnam’s real estate investment scene continues to attract more and more interest from foreign investors and developers across all sectors. Vietnam’s real estate market is entering 2018 with a positive sentiment, despite some skepticisms about oversupply in the upscale residential sector, especially on secondary and rental markets.

Vietnam is one of the economies with the fastest growth rate in Southeast Asia. Some investors said that the office rental fee in Ho Chi Minh City, Vietnam is now higher than it is in Bangkok, reflecting the shortage of supply in the market with the main cause of difficulties in obtaining land for development projects