Resort real estate is one of the segments expected to see the fastest pace of recovery in the post-pandemic times.

The hotel market in Viet Nam this year is expected to face a severe decline in room occupancy due to the COVID-19 pandemic and will not recover until next year, industry experts have said.

Decree No.41/2020/ND-CP on extending the deadline of tax and land rent fee payments for enterprises, individuals, and business households affected by COVID-19 was issued by the government on April 8. 

Foreign investors are planning to expand their operations in Vietnam this year, creating an opportunity for industrial property development despite the COVID-19 pandemic, according to experts.

The EU-Vietnam Free Trade Agreement and Investment Protection Agreement raise many hopes for all of Vietnam’s economic sectors. 

More and more domestic real estate firms have begun to seek investment opportunities in global markets, according to Savills Vietnam.

Vietnam is second after the United States on the list countries where South Korean people and enterprises have spent a total of $440.11 million on buying real estate in 2018, drawing in $56.1 million.

With ASEAN’s third largest population of over 94 million people yet the region’s lowest urbanisation ratio of 36 per cent in 2018, Vietnam and its property market have the potential to surpass regional peers.

Hanoi continued to see fierce competition among retail properties during the first quarter of 2019, partially due to an additional 16,000 square meters from an inner-city project, reported Savills Vietnam.

The office market in HCM City had a strong start to the year, setting new records, according to a report by property services provider Savills.

 VietNamNet Bridge – The supply of retail space is increasing in Hanoi and HCMC and could reach 1.5 million square meters in both cities late this year, according to a study of CBRE Vietnam.