Green office to become major trend: Experts
Investors have paid greater attention to sustainable construction in real estate, especially green office, to satisfy the new requirements of tenants, according to experts from Savills Vietnam.
VN aims for higher sovereign ratings by 2030
Vietnam aims to raise its sovereign ratings by 2030, according to the Sovereign Rating Improvement Project recently approved by Deputy Minister Le Minh Khai.
FDI inflows to real estate sector drops
According to a report by the Foreign Investment Agency under the Ministry of Planning and Investment, as of July 20, the real estate market fell into a recession and foreign direct investment (FDI) capital (FDI) inflows to real estate sector dramatically decreased.
Vietnam: Economic growth pace accelerates in 2Q
Vietnam’s economic growth accelerated to 6.61% y/y in 2Q21, extending from an upwardly revised gain of 4.65% y/y in 1Q21. While this fell slightly short of expectations, it nonetheless reaffirmed the current upswing and re-establishment of its historic trend seen during 2013 to 2019. For the first half of 2021, Vietnam’s GDP expanded 5.64% y/y, more than 3 times the pace of 1.82% in 1H20.
Vietnam proves potential to profit from shifts in global supply chain
Years of economic growth and success in fighting Covid-19 paved the way for Vietnam to receive shifting FDI inflows, but limited participation in manufacturing industries might hinder its progress.