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Vietnam remains attractive to foreign investors: property research firm

HANOI
2024-08-23 13:09

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HANOI, Aug. 23 (Xinhua) -- Vietnam remains resilient and attractive to foreign investors thanks to its strong fundamentals despite global uncertainties, Vietnam News cited the property research firm CBRE on Friday.

According to CBRE, Vietnam's hotel market demonstrated positive signs, with both Hanoi and Ho Chi Minh City recording higher revenue per available room compared to the same period in 2023.

Henry Chin, global head of Investor Thought Leadership and head of Research, Asia Pacific for CBRE, said "For investors, the key lies in strategizing according to the current stage of each key sector in the north, central, and southern regions of Vietnam, while adapting to the broader structural shifts unfolding worldwide."

"We continue to see a strong appetite among foreign investors to enter the market, with a focus in particular on the industrial and logistics space, the hospitality market as the world re-opens post-pandemic, and the core asset classes driven by the country's unique supply and demand dynamics," he said.
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