The COVID-19 pandemic has had a serious impact on Vietnam’s economy but it’s also believed to create the conditions to attract more foreign direct investment (FDI) as there have been signs of a switch in capital flows away from China and to ASEAN member countries.
With COVID-19 and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike, experts have predicted.
Large office space and improved connectivity will be in high demand in coming years, according to market researcher Jones Lang LaSalle (JLL).
An unexpected complication throwing off the forecasts of real estate consultants, shopping malls have been dragged down by the coronavirus epidemic.
HCM City and Hanoi continue to lead the momentum in Southeast Asia, ranking third and seventh among the most dynamic cities in the world, according to the City Momentum Index recently issued by property consultant Jones Lang LaSalle.
JLL observes that there are hundreds of million dollars waiting to be poured into the market in most segments of real estate.
Vietnam is one of the most attractive destinations for the industrial sector in Southeast Asia and JLL expects that the trend will continue in the second half of 2019 and interest from foreign investors in Vietnam will remain strong.
Vietnam is said to change its regulatory framework to tap potential offered by FTAs.
High solar irradiance and wind flow velocity are factors making Vietnam`s renewable energy advantages.
Vietnam’s real estate race is becoming hotter than ever with the growing attention of many domestic and foreign investors and a record amount of investment in recent years.
The property market awaits technical standards for the development of small apartments, which may become a trend to deal with the housing crisis caused by the country’s rapid urbanisation.
Experts believe that following a stable year, the real estate market will continue to develop well, with no bubbles, in 2019.
Master planning has been a weakness for HCM City for a long time and it could persist, a HCM City official has said.
Vietnam's real estate market must solve many difficulties to increase the number of foreigners buying property in the country, experts said.
The reliance and need for logistics space was at an all-time high, driven by advancements in the e-commerce sector, according to real estate and investment management services firm Jones Lang Lasalle (JLL).
The strong growth of the e-commerce sector has been turning Vietnam into a major magnet for investment in the capital-thirsty logistics industry.
Vietnam’s industrial real estate sector stands ready to take off after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) comes into effect, experts have said.
Condotels are becoming a hot development target in the real estate market, as international tourists flock to Vietnam with increasing speed.
Ho Chi Minh City and Hanoi have been continuously staying among the global top 10 of JLL’s Short-Term Momentum Index, coming in at third and sixth places this time.
Even though retail premises in the central business district (CBD) of Ho Chi Minh City are becoming more scarce and the rents are increasing, premises far from the center are still unpopular with new retailers.