The Savills Hanoi's report on the capital's property market in the third quarter of 2022 was released last week.

Vietnam’s industrial real estate market is becoming hotter, driven by an increase in foreign direct investment (FDI) flows.

The reopening of international flights to Vietnam after more than one year of closure, coupled with the country’s bright prospect for economic recovery, will help accelerate the inflow of foreign direct investment (FDI).

The increasing demand for services for the elderly has created investment and business opportunities for local and foreign investors.

Hanoi’s office market is said to be more attractive than its counterparts in other Southeast Asian cities and even in the Asia-Pacific region because of cheaper rentals and greater supply, according to real estate consultants Savills Hanoi.

Hanoi’s office market will grow stably in 2021, Director of Savills Hanoi Matthew Powell has projected.

Hanoi is unlikely to see any major changes in its apartment market this year or experience the short supply as seen in HCM City, Director of Savills Hanoi Matthew Powell has said.

Many businesses have struggled due to the COVID-19 pandemic, but co-working spaces have bucked the trend and is expected to expand in the coming time, fuelled by companies seeking flexible leasing contracts, according to Savills experts.

The benefits of recent trade agreements, low labour costs, and highly appealing incentives are amplifying the nation's appeal and encouraging manufacturers hit by US tariffs to relocate out of China.

A recent survey by Savills found that gap of property prices are narrowing between urban and surrounding areas as more facilities are offered to compensate for outer locations.