HCM City in top six most preferred markets for investment: CBRE
There was an increase in interest in Ho Chi Minh City which ranked sixth among Asia Pacific investors’ most preferred property markets for investors, according to a survey by market research firm CBRE polling more than 490 Asia Pacific-based investors in November and December 2020.
HCM City (VNA) – There was an increase ininterest in Ho Chi Minh City which ranked sixth among Asia Pacificinvestors’ most preferred property markets for investors, according to a survey bymarket research firm CBRE polling more than 490 Asia Pacific-based investors inNovember and December 2020.
With the diversification of supply chains encouraging moremanufacturing investment in the city, industrial and logistics assets arekeenly sought after, said the CBRE’s 2021 Asia Pacific Investor IntentionsSurvey.
“HCM City has already been on the radar of investors inrecent years, especially those who are looking to invest in Southeast Asia, asthe city is viewed as having the potential for greater appreciation in propertyvalues and higher yields,” said Dang Phuong Hang, CBRE Vietnam ManagingDirector.
The survey outlines top 10 Preferred cities for cross-borderinvestment, with Tokyo (Japan) in the first place, followed by Singapore, Seoul(the Republic of Korea), Shanghai and Beijing (China), HCM City, Shenzhen(China), Sydney (Australia), Osaka (Japan) and Melbourne (Australia).
Investors who expressed interest in investing in SoutheastAsia indicated that they are willing to pay more for real estate purchase. 39.4percent of these investors are comfortable to pay more than 10 percent higherthis year than what they are willing to pay in 2020, while 19.7 percent arewilling to paying up to 10 percent higher.
In the search for returns, investors looking at SoutheastAsia are turning to value-added and core assets, even though there are some whoare starting to look at distressed assets. Industrial/logistics and officeremain their preferred sectors, while the hospitality sector is gaining favour.
Henry Chin, CBRE’s Global Head of Investor ThoughtLeadership and Head of Research, Asia Pacific, said “stronger interest in coreinvestment reflects investors’ greater emphasis on tenant credit and stablecash flows.”
“Assets with a solid rent roll of three years or longertypically attract far more bidders than those lacking this type of security,”he added.
Logistics was the most popular sector for investment as thepandemic-driven acceleration of e-commerce consumption boosted demand for thisasset class. While interest in the office sector weakened, investors retain anoptimistic view towards this sector, expecting a contraction in officepurchasing activity of no more than 10 percent over the next three years./.
Singapore is the second most preferred city in Asia-Pacific for cross-border investments this year, according to the CBRE 2021 Asia Pacific Investor Intentions Survey.
The seaport and logistics industry was forecast to grow significantly on the prospect of global trade recovery in 2021 when the vaccine to prevent COVID-19 is administered worldwide.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
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Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
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The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
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Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
A corner of Ho Chi Minh City (Photo: VNA) 
