News dalla rete ITA

1 Aprile 2024

Vietnam

FOREIGN INVESTORS MAKE BEELINE FOR VN PROPERTY MARKET

Nguyễn Trọng Toàn, investment manager at property consultancy Savills’s Hanoi office, said every segment has its own charm for foreign investors. In the residential segment, they are seeking investment opportunities and developing projects under their own brands amid scarce supply and high demand for housing, he said.They leverage their advantages in branding, design and construction standards and quality, he said.In the office segment, the market is seeing growing demand from energy, manufacturing and consulting businesses, which is keeping occupancy rates steady.In major cities like Hà Nội, Đà Nẵng and HCM City, the segment offers increasing opportunities for foreign investors to position their products to meet green standards such as LEED, WELL and BREEAM certification.In the retail sector, the entry of retail giants underlines the prominence and attractiveness of the country. In February Central Pattana, a retail powerhouse under Thailand's leading retail conglomerate Central Group, prepared to establish a legal entity in Việt Nam to enter the vibrant market.Earlier, after opening its third Emart hypermarket in HCM City, THISO (a subsidiary of THACO) unveiled plans to expand in the north with a fourth by acquiring a 2.4-hectare land plot in the Tây Hồ Tây Urban Area in Hà Nội City.The hotel segment is also showing signs of recovery. According to Savills Việt Nam's Market Report, hotel occupancy rates and tariffs have increased in Hà Nội City and HCM City. Last year, occupancy rates increased by 21 per cent in Hà Nội City annually and 18 per cent in HCM City.  (ICE HO CHI MINH CITY)


Fonte notizia: Vietnam News