Vietnam’s Real Estate Sector Booming

Vietnam’s real estate sector continues to go from strength to strength with USD1 billion in foreign direct investments (FDI) in real estate in Q3 2016, according to the Ministry of Planning and Investment’s Overseas Investment Agency.

A total of 34 new property projects were realised in this period, with real estate representeing 6.1 percent of the total FDI by the end of Q3.

According to Savills Vietnam, industrial zones were also strong performers with an increase of 5 percent in total leasable area compared to 2015 to 28,500 hectares. In the period up to the end of Q3 2016, six new industrial zones covering 700 hectares were opened across Vietnam.

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