Vietnam is a still young retail market and has lots of development potential.
Commercial podiums cannot always take advantage of the fast-moving and dynamic retail sector in Vietnam if no proper strategy is employed.
As there is an increasing number of foreign investors seeking for investment opportunities in industrial sector in Vietnam, it would be worthwhile to look into proper strategies to enter the market.
Vietnam remains one of the most favored destinations for foreign investment in Southeast Asia, especially in the field of real estate largely due to the country’s friendly policies encouraging foreign direct investment, its political stability and strong economy.
Vietnam's real estate future will be affected most by e-commerce, which is an integrated factor of top five reshaping trends, according to Stephen Wyatt, country head of real estate consultancy firm JLL Vietnam.
VV Mall, the luxurious shopping centre, will be located in the first seaside resort in Vietnam and launched in Da Nang in second quarter of 2019.
In just three months, Novaland bought two projects and sold one real estate project and all three of these project were in commercial and residential fields and located in HoChiMinh City.
Vietnam has become one of the most attractive destinations of foreign investors thanks to its political stability, strong economy and the government’s policies, according to a high profile foreign consultancy firm.
“Most of the Vietnamese people lack experience in living in condominiums so they usually feel annoyed when following its rules and need time to adapt to them,” said Stephen Wyatt, Country Head of Jones Lang LaSalle (JLL) Vietnam, an American professional service and investment management company specializing in real estate.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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