The Hanoitimes - Some delegates requested the authorities to impose strict sanctions on the misuse of land including some real estate projects illegally transferred to foreigners. What makes Vietnam’s industrial real estate most attractive in 2019? Vietnam real estate market most attractive in Southeast Asia: Japan investors A number of Vietnamese lawmakers have requested the government to find proper policies to tighten management and to ban Vietnamese citizens from illegally representing foreigners in undersigning and transferring land use rights and hiring houses for foreigners, according to VnExpress. Illustrative photo The request was made at the ongoing seventh session of the 14th National Assembly (NA), when land management and use was debated. The control of foreign ownership of houses has been a heated debate among the NA’s delegates. Some delegates requested the authorities to impose strict sanctions on the misuse of land including some … [Read more...] about Vietnam to tighten control over foreign ownership of real estate
Vietnam real estate market 2015
Why is Vietnam’s real estate a magnet for international investors? (P.1)
The Hanoitimes - Increasing foreign capital inflows into the market are thanks to more tolerance in housing ownership, significant investment in smart cities, and geographic advantages. More reforms urged to encourage foreign investment in Vietnam’s real estate market Hanoi real estate market ends up 2018 with bright picture Foreign investment fuels industrial real estate in Vietnam Growth in automobile sector drives up Vietnam industrial real estate market Foreign investment in Vietnam’s real estate rising: CBRE Vietnam has appeared as an attractive destination for global property investors thanks to the government’s more tolerance in housing ownership, favorable policies including recently significant investment in smart cities, and geographic advantages. Part of Ho Chi Minh City. File photo A number of laws on amendments including Land Law, Construction Law, and Law on Urban Planning (all in forve) draw a picture of the … [Read more...] about Why is Vietnam’s real estate a magnet for international investors? (P.1)
Global investors eye Vietnam’s real estate market
Global investors eye Vietnam’s real estate market. (Photo: VNA) Hanoi (VNA) – Foreign investors cannot take their eyes off the Vietnamese real estate market, one of the most dynamic emerging markets globally, according to an article by regional managing director, Southeast Asia, CBRE Vikram Kohli on www.bussinesstimes.com.sg. “Driving its strong economic growth is an expanding middle class with thickening wallets,” the article said, adding that rapid urbanisation is supported by a young, growing and educated population, and all bode well for an economy with one of the world’s fastest growing gross domestic product (GDP) rate. In addition, the World Bank has projected that Vietnam’s GDP will expand by 6.8 percent this year, fuelling big appetites of global investors looking to make their mark in Vietnam’s burgeoning property market. In the past three years, Vietnam has seen a significant increase in the number of foreign investments in … [Read more...] about Global investors eye Vietnam’s real estate market
FDI flow into Vietnam’s real estate sustains stable growth
FDI flow into Vietnam’s real estate sustains stable growth. (Photo: VNA) Hanoi (VNA) – Despite several ups and downs over the last decade, the flow of foreign direct investment (FDI) into Vietnam’s property market has managed to sustain stable growth. As of July 2018, real estate had held onto its spot of second place in terms of FDI attraction to various sectors, with 704 valid projects worth 56.3 billion USD, according to the Foreign Investment Agency of the Ministry of Planning and Investment. Khanh Nguyen, head of the capital market division in Vietnam at Jones Lang LaSalle (JLL), said that Vietnam, as an economy with fast and stable growth, has become a magnet for foreign investors. Asian investors, including those from Japan, the Republic of Korea, Singapore, and China, currently make up 73.9 percent of total FDI poured into its industries, including real estate. Notably, the FDI flow into local real estate grew continuously between 2015 and 2017, compared … [Read more...] about FDI flow into Vietnam’s real estate sustains stable growth
Hanoi’s real estate market lures foreign capital
The Hanoitimes - The real estate market in Hanoi is becoming a lucrative piece of cake for foreign investors given its profitability and high potential. Hanoi expects to lure more foreign capital on its real estate market because the number of expats and foreign entrepreneurs working in the capital city is rising, according to Vietnam News Agency. Infrastructure and location attract foreign investors Experts said that Hanoi’s western and northern zones are attractive to foreigners. Remarkably, the western area is hot spot attracting customers from South Korea, Japan, Malaysia, Singapore, etc. to buy or rent luxury apartments. Nguyen Phuc Thanh, a veteran investor, explained that the western area accommodates the headquarters of many ministries, sectors and major domestic and foreign businesses. It is also home to key facilities such as the Vietnam National Convention Centre and the National Sports Complex. Besides, transport infrastructure in the area is quite modern and … [Read more...] about Hanoi’s real estate market lures foreign capital