Real estate

The city will control foreign investment in the real estate area as well as their transfer of collected money abroad to prevent money laundering, transfer pricing and tax evasion.

The central coast province defines tourism as a key economic sector, expecting it would make up 14% of the province's GDP by 2025.

The real estate market is set to recover and grow, even boom in certain segments and areas, according to a latest report.

Credit has not been effectively channeled into fields that contribute directly to economic growth and ultimately social prosperity, but to risky fields such as real estate, stock market or cryptocurrencies.

Social housing segment is of high demand in the lower middle-income country.

When enterprises fail to realize their commitment of interest payment, investors would be on the losing side.

Construction area accounts for only 16% of the total eco city.

The planning is designed to form a region integrating parks and green space with overall infrastructure, cultural sites, and socio-economic activities.

Population in Phu Quoc likely triples in 2030, resulting high demand for hospitality industry.

The real estate industry has accounted for about 4.42% of Vietnam’s total gross domestic product in 2020.

Surges in online orders among other essentials have pushed businesses to look for more storage space with close proximity to their customers.

Hanoi’s retail sales of goods and services in 2020 valued at VND584.7 trillion (US$25.2 billion), up 2.7% on-year.

Economic slowdown and falling income have driven down demand for real estate segments during 2020.

Local experts list real estate the most important sector in many countries, including Vietnam.

In 2020, the city has fulfilled the commercial housing target with 89 projects supplying 6.57 million sq.m.

Office markets in Vietnam’s major cities are promising segments for foreign investors.

The affordable housing is believed to contribute to the socio-economic development goals.

The capitalization rate for Hanoi Grade A office is approximately 7%.

Experts said the prices have been pushed up and exceeded people’s affordability.

Many experts shared opinions at a seminar reviewing some issues faced in urban planning towards cross-sector integration organized by Hanoi Association of Architects (HAA) on December 2.