Vietnam’s Property Sector Proving Increasingly Attractive to Investors
While the announcement may have passed without fanfare, the Global Real Estate Transparency Index (GRETI) has recently afforded Vietnam’s real estate market so-called “semi-transparent” status for the first time. This increased level of transparency enables individuals fully benefited from the security provided by home-ownership, thanks to the deployment of market fairness, stringent regulations and improved accessibility. According to a report from Google Akcje, this has helped Vietnam’s property market to become increasingly attractive to investors, both domestically and overseas. We’ll explore this further below, while asking why else people are flocking to invest in real estate in the Southeast Asian country. Vietnam Real Estate Remains a Safe Haven Asset for Investors Interestingly, the Vietnamese property market has experienced an inevitable downturn in 2020, thanks largely to the impact of the coronavirus pandemic and the subsequent lockdown measures. This trend has been prevalent across the globe, but unlike the vast majority of nations, the real estate market in Vietnam has already begun to showcase the green shoots of recovery as 2020 has progressed. More specifically…
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