VIETNAM REAL ESTATE MARKET REPORT Q2 2016

Chi Tran

Research & Consultancy Manager

Phone +84 28 3823 7968

Contact me

The full report

The World Bank has revised its forecast for Vietnam’s economic growth for 2016 to 6.2% from previous estimate of 6.5%, mainly due to unfavorable climate and weaker global demand. However, Vietnam is still expected to have the brightest growth prospects among Southeast Asian economies and one of the most attractive environment for foreign investors. As of May 2016, total inward FDI into Vietnam reached US$10.16 billion (both newly registered and adjusted), up 136% y-o-y; implemented FDI was estimated to have reached US$5.8 billion, up 17.2% y-o-y. The manufacturing and processing industry attracted the largest share, at 65% of total registered capital. Real estate ranked third with 5.4%. Korea was the leading investor with newly registered FDI accounting for 38% of total new investment.

Our Market beat will provide you with a succinct review of Q.2 2016 as well as a brief look at what is to come for Vietnam's Real Estate market. Please do not hesitate to contact us should you have any queries.

 

CUSHMAN & WAKEFIELD VIETNAM

#16, level 14, Vincom Center

72 Le Thanh Ton Street, Ben Nghe Ward, District 1, HCMC

Tel: +848 3823 7968

Hotline: 0936 918 000

Email: contacts.vietnam@cushwake.com