While COVID-19 continues to impact the whole economy, most millionaires in Vietnam have been investing in the real estate market.

Bond issuance is becoming an ideal channel for real estate firms to raise capital as credit policies for property development are gradually being tightened, experts said.

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.

Mr. Stephen Wyatt, Country Head of Jones Lang LaSalle (JLL) Vietnam, shares his thoughts on the real estate market this year and his expectations for 2016.

As one of many emerging markets Vietnam is experiencing rapid growth in its real estate sector, according to Jones Lang LaSalle Vietnam.