Vietnam records influx of real estate investment from Japan
Vietnam is welcoming a strong wave of investment in the property market from Japanese businesses, TMS Homes General Director Nguyen Xuan Huong said on April 4.
Buildings under construction in central Da Nang city (Photo: VNA)
Tokyo (VNA) – Vietnam is welcoming a strong wave ofinvestment in the property market from Japanese businesses, TMS Homes GeneralDirector Nguyen Xuan Huong said on April 4.
She made the remark during an interview with theVietnam News Agency ahead of investment promotion conferences to be held by TMSGroup – the parent company of TMS Homes – in Tokyo, Osaka and Fukuoka next week. These events aim to seek partnersfor the group’s property projects in Vietnam.
Huong said TMS Group chose Japan as the first venuefor such events because the country is one of the most important economicpartners of Vietnam.
Japan is the second biggest investor in theSoutheast Asian nation with nearly 4,000 projects worth 55.4 billion USD. Itranks third among foreign tourist sources of Vietnam with 800,000 visitors in2017 and fourth among trade partners with bilateral trade reaching 33.5 billionUSD the same year.
As Vietnam is attracting an influx of investmentin real estate from Japan, TMS Group wishes to make use of this opportunity toseek partners to develop its property projects, she said, adding that the firmalso has more than 15 years’ experiences in working with Japanese partners inmanpower supply – a favourable foundation for them to boost partnership in theproperty sector.
Aside from real estate, TMS Group will alsoexpand cooperation with Japanese businesses in education-training and healthcare,Huong noted.
TMS Group, founded in 2004, operates inproperty, human resources supply, education-training, trading services, healthcareand hi-tech agriculture, with property its core business.-VNA
The real estate market is expected to gain momentum in 2019 thanks to the heat from several billion-USD property projects that received investment certificates in previous years.
Several new development trends are emerging in the real estate market, which is expected to remain strong in 2019 since the economy continues to grow robustly and there is a lot of investment flowing into infrastructure.
The future looks bright for Vietnam’s real estate sector, especially the resort segment, which is attracting attention from both domestic and foreign investors.
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Buildings under construction in central Da Nang city (Photo: VNA) 
