Foreign investors bullish on Vietnam property market

VOV.VN - A contingent of Japanese real estate investors performing a due diligence tour of the Ho Chi Min City and Hanoi markets have said they find them to be highly attractive ‘Frontier Markets’ with high potential.

They said they had also considered Thailand and Indonesia as places to invest but after visiting both places they found the markets to be fully saturated and turned their attention to Vietnam.

Yasuyuki Enomoto, a member of the contingent, said his research points to Japanese businesses as being one of the largest investors in manufacturing in Vietnam and that was a big factor in making his decision.

He said he would like to use Vietnam as a place to get a toehold in the Southeast Asian property market and branch out and expand into the markets of Cambodia, Myanmar, Laos and other neighboring countries.
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