A view of Ho Chi Minh City from above (Photo: VNA) With its rapid growth, Vietnam is seen as one of the prominent investment destinationsof UHNWI in the region. Cities, and coastal and rural areas in Vietnam always remain highly potential forreal estate investors.
According to Alex Crane, Knight FrankVietnam's Managing Director,Vietnam’s real estate market still offers opportunities for investors to tap.
Addressing a business briefing held by the Canadian Chamber of Commerce lastmonth, Crane said he saw opportunities from property developers’ shake-up thathas followed the turbulence of 2022, despite woes in the Vietnamese real estatemarket and global economic headwinds.
He said he remains optimistic aboutVietnam's overall industrial property sector, adding that foreign investors have beeninterested in the commercial real estate market in Vietnam.
Most of the investments poured into Vietnam’s real estate industry have come fromindividuals, including transactions promoted by Knight Frank in 2022,he said./.
VNA
