14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

Foreign investment pours into real estate market

Jan 25, 2013 / 02:09 PM

As many as 389 foreign-invested projects were licensed to operate in the domestic property market in 2012, with a total capitalisation of around US$49.8 billion.

The Hanoitimes - As many as 389 foreign-invested projects were licensed to operate in the domestic property market in 2012, with a total capitalisation of around US$49.8 billion.

Foreign direct investment (FDI) injected in real estate projects alone accounted for 23.32 percent of Viet Nam’s total FDI last year.

Ho Chi Minh City attracted the bulk of the real estate FDI, with 163 projects worth US$12.4 billion. It was followed by Ha Noi, Ba Ria-Vung Tau, Phu Yen, Binh Duong and Dong Nai, consecutively.

Singapore is currently the largest foreign trade partner of Viet Nam’s real estate sector with 55 projects capitalised at US$8.6 billion. The Republic of Korea ranks second with 79 projects worth US$6.7 billion.

Most foreign investors are involved in the construction of luxury hotels, resorts, offices for lease, and high-end apartments.

According to the Ministry of Planning and Investment (MPI), progress was made in FDI disbursement, but a number of projects were slow going due to mechanisms and policies on land use and management. Compounding the problem are difficulties caused by the economic slowdown, such as inflation, land acquisition and compensation, and complicated procedures on investment licenses.

To attract more foreign investors, the MPI suggested simplifying investment procedures, reforming the legal framework on mortgage loans, and setting up funds for housing development in specific localities.

Reactions:

Rất hay

Thích

Giải trí

Cần cải thiện

Trending

Spring Fair 2026 draws visitors on Hanoi traditional crafts through hand-on experiences

Hanoi’s Spring Fair 2026 highlights traditional craft villages through interactive experiences, market expansion and digital promotion efforts ahead of Tet.

07 Feb, 05:04 PM

Hanoi unveils space promoting local brands

The venue will serve as a dedicated center honoring the finest Vietnamese brands and linking them with consumers via both in-person experiences and online channels.

07 Feb, 04:58 PM

Hanoi tipped as emerging rail industry hub

The rail industry complex is expected to serve as the central pillar of a new era for the sector, marked by the emergence of high-speed rail and expanded urban rail networks.

07 Feb, 10:26 AM

Regional specialties drive strong sales at Spring Fair 2026

Food and specialty booths at Spring Fair 2026 are drawing strong crowds and sales as Tet approaches, reflecting rising demand for Vietnamese regional products with clear origins and trusted quality.

07 Feb, 10:11 AM

Hanoi launches product showcase spaces linked to Spring Flower Fairs ahead of Tet

The program ranks among the city’s key trade promotion activities, aiming to stimulate domestic consumption, stabilize the market.

06 Feb, 02:26 PM

Vietnam to tax crypto asset transfers at 0.1%

This approach mirrors the current tax calculation applied to securities transactions.

05 Feb, 04:53 PM

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Featuring 100 booths, the exhibition brings together artisans and businesses from Hanoi and neighboring provinces, presenting handicrafts, gifts, decorations and specialty foods, while promoting craft villages and stimulating consumption ahead of the 2026 New Year.

05 Feb, 01:14 PM

Vietnam establishes support body for International Financial Center Council

Beyond internal coordination, the support body undertakes international cooperation, information and communication activities.

05 Feb, 01:04 PM