Japanese Investors Lead in Vietnam

A stable economy, robust real estate market and a dynamic, savings-focused young population are attracting significant numbers of Japanese property investors to Vietnam.

Japanese firms Sanyo Homes, Creed Group, Hankyu Realty Co Ltd, and Nishi-Nippon Railroad Co have all entered partnerships with Vietnamese companies this year to invest in mixed-use and residential property developments in the south of the country.

Sanyo Homes are the latest to enter the market, developing a USD25 million condo project in Ho Chi Minh City.

Vietnam drew USD239.78 million in FDI for real estate in the first quarter, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

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