In 2020 the Vietnamese real estate market, just like across the globe, was heavily impacted by the COVID-19 pandemic and that remains the case today. There are, however, some bright spots in the market and if the virus is fully controlled, this year should recover and also see stronger liquidity.
Given a large gap between domestic and international gold prices, it would be high risks for investors to bet their money on gold at the moment, said an expert.
There was an increase in interest in Ho Chi Minh City which ranked sixth among Asia Pacific investors’ most preferred property markets for investors, according to a survey by market research firm CBRE polling more than 490 Asia Pacific-based investors in November and December 2020.
Boerse-online.de – a German securities news site, on January 30 ran an article highlighting the great potential of the Vietnamese market for foreign investment, saying that it is the time for investors to look to the Southeast Asian market.
Foreign investors had poured US$1.51 billion into Vietnam as of January 20, a 4.1% increase over the same period last year, according to the Ministry of Planning and Investment (MPI).
VOV.VN - Investment opportunities were at centre stage of a press conference held in Bangkok, on January 26 as part of a series of events marking the 45th anniversary of diplomatic relations between Thailand and Vietnam.
Ho Chi Minh City has been ranked fifth as Asia Pacific investors’ most preferred market for investments by CBRE Group, Inc.
VOV.VN - Several major financiers from the EU have proposed pouring approximately US$1 billion into a logistics centre project in Phu My of the southern province of Ba Ria - Vung Tau, according to information released by local authorities.
Traditional investment channels such as stock or real estate markets are set to continue to be the focus for investors in 2021.
Vietnam’s success in curbing the coronavirus so far, while its Southeast Asia neighbours struggle, is helping the country power ahead in economic growth and attracting major funds, and foreign investors, said foreign experts on the Gulf Today newswire on January 7.