Real estate developers are actively restructuring their products towards mid- and low-end segments to be more suitable to the real demands of the market.

The increasing demand and the drying up of land banks in industrial zones has bumped up rental prices in first-tier property markets in Vietnam.

The COVID-19 pandemic has worsened the shortage of cold storage space in Ho Chi Minh City and surrounding areas as goods pile up as a result of lack of demand.

VOV.VN - The advantages of joining new-generation free trade agreements such as the EU-Vietnam Free Trade Agreement (EVFTA) are expected to provide a fresh impetus for the local retail market to grow following a gloomy period caused by the COVID-19 pandemic, according to insiders.

The occupancy rate at operational industrial parks in the major industrial localities in the south averaged 84.5% during January-September, according to a report from CBRE Vietnam.

The Hanoi condominium market had lower new supply volume in the third quarter of this year (Q3 2020), while the sold units have exceeded new launches, according to CBRE Vietnam's report on the Hanoi property market in Q3 2020.

Retailers in Ho Chi Minh City have quickly adapted to the situation caused by the COVID-19 pandemic by resorting to e-commerce and delivery services.

Though the second wave of COVID-19 dashed hopes for quick tourism recovery in 2020, real estate services firm CBRE Vietnam believed the industry’s long-term outlook remains positive.