The partnership signifies EFG Hermes’ strategy to widen its geographic footprint and identify new opportunities in the Southeast Asian nation of Vietnam, beyond its key presence in the Middle East and North Africa region.
At the luxury end of Vietnam market is tremendous upside and opportunity for long term investment, with buyers set to benefit from potential capital appreciation as Vietnam continues its remarkable growth story, according to Managing Director of Savills Vietnam Neil MacGregor.
New apartments with diversified and unique amenities are increasing competition within the market, which is expected to be extremely beneficial to both consumers and the real estate market in Vietnam.
According to Hiroyuki Ono from ACA Investments, a Japanese fund manager under the Sumitomo Group, Vietnam market is more attractive to Japanese enterprises than Thailand and Indonesia.
A series of cars in the Vietnam market such as Chevrolet Vietnam, Truong Hai (THACO) and Toyota are offering discounts.
It is expected that France will export about 3,000 tonnes of potatoes to the Vietnam market in the first quarter of 2018, according to Alexandre Bouchot, French Agricultural Counselor.
