The change in tourism trends caused by the COVID-19 pandemic has made coastal real estate near HCM City attractive to tourism property developers.

With a total registered capital of nearly US$1.6 billion during January-August, real estate continued to rank third among 18 sectors in attracting foreign investment (FDI).

Vietnam reeled in more than US$19 billion from FDI attraction in the first eight months of this year, according to the Ministry of Planning and Investment.

Contrary to all predictions, the real estate market has been hot during the pandemic. People are rushing to buy apartments for fear that prices will escalate after the pandemic ends.

Despite the pandemic impacting the resort, hotel and rental market, the housing and apartment segment still has projects for sale at record prices.

The securities market is witnessing foreign investment funds like Dragon Capital, VinaCapital and PYN Elite Fund making transactions involving and big investments in real estate stocks.

Despite difficulties from the COVID-19 pandemic, the real estate market has maintained stability thanks to support policies from the Government.

VOV.VN - Vietnam remains a key market for Singaporean real estate investors, with these financiers taking the lead in terms of the development of housing, urban, and industrial property projects throughout the country.

Vietnam's real estate prices have increased rapidly in the past two years despite the difficulties caused by the COVID-19 pandemic, which reduced the incomes of the majority of the population, experts have said.

Vietnam’s real estate market recommenced its record run, with the industrial sector viewed as the star of the industry thanks to the country's success in combating COVID-19, said a story by Philip Heller published on Forbes earlier this week.