An economy with relatively high growth, the high proportion of foreign direct investment (FDI) capital and remittances spurred growth for the Vietnamese real estate sector in 2016.
Hanoi (VNA) – Aneconomy with relatively high growth, the high proportion of foreign directinvestment (FDI) capital and remittances spurred growth for the Vietnamese realestate sector in 2016 and the trend is expected to continue in 2017.
At a press conference on thereal estate market held by the CBRE in Hanoi on January 10, the Americanreal estate firm said the proportion of the FDI capital flowing into the realestate market in 2016 was the second highest among economic sectors.
According to CBRE Vietnam General DirectorMarc Townsend, despite a lack of breakthroughs, resources for the real estatesector remain strong and will prop up the market in 2017.
The HCM City Real Estate Association sharedthe viewpoint with CBRE, saying that FDI capital and remittances will continuesupporting the market.
According to Nguyen Hoai An, Director ofresearch, consultation and appraisal and asset management of CBRE, FDI capitalremained a key growth driver in 2016 and seven percent of FDI flowed into realestate, which was modest compared with the level of 25 percent during 2007-2009but was valuated as more sustainable.
On the development of the real estatemarket, Savills Vietnam cited the sector’s growth of four percent in 2016, thehighest level in the last five years.
The growth of the sector is manifested by morethan 3,100 newly-established enterprises and retail revenue of 117 billion USD,up 10 percent from the previous year.
An said the apartment supply in Hanoi fell10 percent but the number of successful transactions increased month by month.
In the city, a total of 21,188 apartments weresold in 2016.
According to Savills Vietnam, about 77projects with 55,000 apartments will join the market in 2017, mostly located indistricts of Hoang Mai, Thanh Xuan, Ha Dong and South Tu Liem.
ܫ Nguyen Tran Nam, Chairman of the VietnamReal Estate Association, said the demand for small-sized apartments and socialhousing is large, with concerted efforts from the government needed to developthese markets.-VNA
Shares were mixed on January 7 as investors began to display caution after several consecutive rising sessions. Steel and property shares supported the VN-Index, while market breadth was negative.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Source: VNA)
