HÀ NỘI — Việt Nam ranks ninth among the top 10 global destinations for cross-border capital investment in land and development sites, according to a report by Colliers and MSCI Real Capital Analytics.

This key insight comes from Colliers' March 2025 Global Capital Flows Report, highlighting Việt Nam’s growing appeal to international investors.

"The inclusion of Việt Nam in the top ten destinations for land investment and development underscores the country’s strong growth potential, alongside major markets including China and Singapore," Chris Pilgrim, Managing Director of Colliers Asia Pacific Capital Markets, said.

Việt Nam recorded US$346 million in cross-border investment for land and development sites over the past 12 months. Notably, all of this capital originated from regional sources, with no recorded global investment inflow. 

The Vietnamese real estate market is on the brink of substantial growth this year, driven by a new legal framework, increased foreign direct investment (FDI), improved infrastructure, and a welcoming investment climate.

According to the report, Asia Pacific (APAC) remains pivotal as a global capital source, home to four out of the top ten capital sources worldwide, including Singapore, Hong Kong (China), Japan, and mainland China.

Over the past 24 months, the region has attracted substantial investment, reflecting its diverse appeal and extraordinary growth potential. In 2024, total investment volume in APAC reached 72 per cent of the five-year average, with US$183 billion flowing into six key sectors.

Among these, the office sector led with $57 billion, followed by industrial ($55 billion), retail ($37 billion), multifamily housing ($17 billion) and hospitality ($15 billion).

"Asia-Pacific is a global capital hub with undeniable investment appeal," Pilgrim said. 

He also emphasised that APAC is leading cross-border capital flows, particularly in land and development sites, with seven out of the world’s top ten destinations located in the region.

Countries including Japan, Australia and China also remain the top destinations for cross-border capital targeting standing assets.

The industrial and logistics sector has emerged as the most dynamic globally over the past 24 months, although in APAC, it ranks second only to offices in terms of investment volume. Retail has also maintained steady appeal in the region.

Looking ahead to 2025, yield differentials across global markets may stabilise, creating opportunities for domestic and cross-border capital expansion.

"APAC, including Việt Nam, stands to benefit significantly from the rise in cross-border investment, particularly driven by the strength of the US dollar," the Managing Director added. — BIZHUB