Vietnamplus

More capital continues flowing into HCM City’s real estate sector as local companies and foreign partners join hands to take advantage of the new housing law.

The Department for Economic Zones Management reported that during Q1, the country opened 305 industrial parks covering over 84,000 hectares and 16 economic zones covering 814,792 hectares of water and

The capitalization of Vietnam’s stock market was estimated at more than 1,325 trillion VND (58.8 billion USD), equal to 34 percent of the country’s Gross Domestic Products (GDP), this year.

Mai Xuan Hung, Vice Chairman of the National Assembly Committee for Economic Affairs, spoke to the newspaper Thoi bao Kinh te (Vietnam Economic Times) about the Vietnamese private economic sector.

Foreign firms have pumped hundreds of millions of US dollars into numerous real estate projects in HCM City, attributed to an upswing in the real estate market after a long period of hibernation.