Cold storage might soon become a rising star in the logistic sectors, property market researcher Jones Lang LaSalle (JLL) Vietnam has said.

Flexible warehousing models that can help businesses optimise their storage are required amid the development of e-commerce, experts have suggested.

The prices of properties with land in Ho Chi Minh City increased by 15% in the third quarter from the same period of last year due to lack of new supply, according to a report by property consultancy JLL.

More and more realty firms are using digital platforms to sell their products, driven by the Government's encouragement to develop local digital technology firms amid the COVID-19 pandemic.

While COVID-19 continues to impact the whole economy, most millionaires in Vietnam have been investing in the real estate market.

With the government tightening control over permits, Hanoi’s second quarter new apartment supply fell to a seven-year low.

Vietnam has moved up five places to rank 56th out of 99 economies in this year's real estate transparency index.