VIETNAM PROPERTY MARKET INCREASINGLY ATTRACTIVE TO FOREIGN CAPITAL
Vietnam has for the first time been named a “Semi-Transparent” market in the 2020 Global Real Estate Transparency Index (GRETI) by Jones Lang LaSalle (JLL) thanks to the progress in its largest markets, HCM City and Ha Noi. In this year’s biennial GRETI, Vietnam is ranked in 56th position.
FOCUSING ON TECHNOLOGY TRANSFER IN ATTRACTING NEW WAVE OF FDI CAPITAL
As Vietnam is attracting high-quality foreign inflows, domestic firms now have an even greater opportunity to draw technology transfer to improve added value in its manufacturing industry.
WHA IZ 1: SPOTLIGHT IN NGHE AN FOR SOUTH KOREAN INVESTORS
Located in Dong Nam Economic Zone, a key economic centre of the central province of Nghe An, WHA Industrial Zone 1 – Nghe An is a spotlight among foreign investors, especially financiers and enterprises hailing from South Korea.
INDUSTRIAL PRODUCTION EXPANDS 2.8% IN FIRST HALF
Viet Nam’s index of industrial production recorded a year-on-year rise of 2.8% in the first six months of 2020, according to the General Statistics Office.
DOMESTIC PROPERTY MARKET FACING UNCERTAINTY: INSIDERS
The domestic real estate market is hoped to have growth in the fourth quarter of this year and before the Lunar New Year 2021 if, by this year-end, the domestic economy is restored to levels from before the COVID-19 pandemic, according to insiders.
VIETNAM LURES US$6 BILLION FDI INTO INDUSTRIAL PARKS
Nearly US$6 billion in foreign direct investment was poured into Viet Nam’s industrial parks (IPs), processing zones and economic zones (Ezs) in the first half of the year, according to the Ministry of Planning and Investment (MPI).
PROPERTY FIRMS RETURN TO MARKET AFTER COVID-19
Ministry of Construction data shows that some 80 per cent of developers stopped sales or even temporarily halted operations during the first quarter while the rest had modest operations going.
DEVELOPERS DINE ON INDUSTRIAL LAND
As Vietnam has emerged as an attractive option for companies seeking to diversify their manufacturing operations, industrial zone developers are planning to expand their land banks to welcome new investments heading to the country.
