Foreign investment in realty M&As surges
InvestmentForeign investment in Vietnam through mergers and acquisitions (M&As) in the real estate sector between January and October 2019 rocketed 235% from a year earlier to a record high value of US$1.75 billion, data showed.
Influx of foreign investment in property sector raises concern
PolicyThe prime minister has asked several ministries, agencies and local governments to report on the risk of domestic real estate market being dominated by foreign entities, given the recent influx of FDI into the sector.
Property sector should reduce bank dependence as GDP drop amidst tightened credit
MarketExperts attributed the slowdown of Vietnam’s real estate market in the first months this year to the limited bank credit sources, which is facing difficulties from all sides.
Property sector dominates FDI capital structure in Ho Chi Minh City
MarketAccording to HCMC government’s report on the city’s socio-economic situation in the first 4 months of the year, real estate was the most attractive sector for foreign direct investment (FDI) among all sectors in the city, with 164.58 million USD, or 46.8 percent of total FDI.
SaigonTel to bolster investment in property sector
ProjectsSaigon Telecommunication and Technologies Corporation (SaigonTel), a HCMC-based telecom service provider, has announced that it will boost investment in the real estate sector, including in an upcoming luxury residential project in HCMC’s District 4.
Real estate - fertile land for foreign investors
InvestmentThe property sector will continue to be a fertile ground for foreign investors, largely due to the country’s rising demands for housing as well as deeper global integration with a line-up of bilateral and multi-lateral new-generation trade pacts.
