Foreign investors injected more than US$2.87 billion into the Vietnamese realty market during January-July, a year-on-year surge of 78 per cent, according to the Ministry of Planning and Investment (MPI)’s Foreign Investment Agency.
Bottlenecks related to legal procedures, credit accessibility, land procedures and pricing have pushed the real estate market into a lot of difficulty although the Government has made efforts to address these problems since late 2022.
The realty market in eastern Ha Noi is forecast to grow stronger than ever with important transport projects worth billions of dollars being built in the second half of the year.