The property market awaits technical standards for the development of small apartments, which may become a trend to deal with the housing crisis caused by the country’s rapid urbanisation.
Belgium and its Flanders region are keen to cooperate with Viet Nam and the capital city of Ha Noi to strengthen global partnership in the field of urbanisation.
Urbanisation brings rural consumers, accounting for 68 per cent of the country’s 90 million people, closer to their counterparts living in towns and big cities and to a diversified media world, according to Nielsen’s recent Rural Mythbuster study.
The rapid urbanisation of Viet Nam, together with a boom in the number of high-rise buildings, is pushing local building management firms to be more professional in order to compete with foreign rivals.