Traditional investment channels such as stock or real estate markets are set to continue to be the focus for investors in 2021.

Real estate prices in 2021 are expected to increase by 10% over the previous year, said Nguyen Van Dinh, deputy general secretary of the Vietnam Real Estate Association (VNREA).

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.

Investing in apartments to capture short-term gains has not been attractive to investors due to high prices caused by limited supply, according to experts.

The central city of Da Nang has focused on recovering the pandemic-hit tourism to continue boosting the sector’s sustainable development, focusing on high-end services in association with resort real estate.

Experts gathered at a recent conference in HCM City to discuss measures to develop a transparent and sustainable property market in Vietnam in the next 10-15 years.

Many people with money and without investing knowledge have chosen property as a safe haven, helping estate prices still increase despite the pandemic, experts have said.

Inventories in the real estate market have been on the decrease thanks to increasing liquidity, according to the Ministry of Construction (MoC).

The value of corporate bonds issued in October was VND9.5 trillion (US$409 million), down 12.8% from September, according to the Hanoi Stock Exchange (HNX).

New foreign direct investment (FDI) in the real estate sector increased four times quarter-on-quarter to US$2.35 billion in the third quarter, according to the Ministry of Planning and Investment.