Việt Nam has made its mark on the global real estate investment map by securing a spot among the top ten destinations for land investment and development capital.
The tourism sector is showing strong momentum, driven by favourable visa policies, improved infrastructure, and strategic marketing efforts by both authorities and businesses, a conference has heard.
The acceleration of legal obstacles removal in recent industrial real estate projects is creating growth opportunities for many businesses participating in this segment. Notably, this is also one of the key factors contributing to attracting investment and boosting growth for...
HCM City and Hà Nội have been included in the Savills list of fastest-developing cities on the planet recently released by the commercial real estate brokerage firm.
Despite its growth in hospitality options, the supporting infrastructure required to support environmentally and economically sustainable growth on Phú Quốc Island off Kiên Giang Province remains inadequate, according to Savills Hotels.
Viet Nam’s hotel industry has been slower to bounce back from the COVID-19 pandemic than that of other countries due to a series of factors, including strong reliance on the Chinese market and a large pipeline of hotels.
Investors from Taiwan (China) are particularly keen on Viet Nam’s industrial, office and retail real estate, motivated by the country’s progress in improving the legal framework and substantial investment in key infrastructure.
Despite improvement in 2022, occupancy and room rates in HCM City have yet recover to pre-pandemic levels, according to real estate service provider Savills Viet Nam.
Much of the recovery of the hospitality market in Southeast Asia will depend on the opening of China, and Viet Nam is no exception, according to Savills Hotels Asia Pacific.
Domestic tourism rebounded well in the first ten months of the year, with 91.8 million domestic arrivals, exceeding 85 million in 2019, according to Savills Viet Nam.