With their massive land funds and ample investment inflows for transport infrastructure development, the suburban cities surrounding Ho Chi Minh City are projected to become the next hotspot for investors and buyers.

Many real estate developers in Ho Chi Minh City are facing stagnation in hundreds of projects due to insufficient legal paperwork.

The Ho Chi Minh City property sector has in recent years attracted billions of dollars worth of foreign investment due to its growth potential, real estate consulting companies have said.

Investment in real estate sector through capital contribution would avoid risks that might cause to new comers who know little about the market and law.

As the State Bank of Vietnam (SBV) has ordered tight control over real estate loans by credit institutions, property firms and developers have to seek alternative ways to raise their capital.

The biggest M&A deals were in a variety of business fields, especially the real estate and banking sectors.

VietNamNet Bridge - The owners of large conglomerates such as Novaland, Hoang Huy and Vietjet Air have left the rank of ‘hidden billionaires’ to join the force of recognized stock billionaires.