![](\"http:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/01\/Vietnam.png?fit=740%2C492\")
\nOn the path to full recovery, Vietnam is set to perform very well this year<\/p>\n
\nOn the path to full recovery, Vietnam is set to perform very well this year<\/p>\n
With its steady economic growth at almost 7 percent in 2016, Vietnam is considered one of the fastest-growing markets in the world, reports Bloomberg.
On the path to full recovery, Vietnam is set to perform very well this year...<\/p>\n","protected":false},"author":1,"featured_media":2844,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-2843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/01\/Vietnam.png?fit=740%2C492&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-JR","jetpack-related-posts":[{"id":18236,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exciting-growth-for-the-vietnam-property-market\/","url_meta":{"origin":2843,"position":0},"title":"Exciting growth for the Vietnam property market","date":"July 1, 2016","format":false,"excerpt":"\r All signs point to a growing year ahead There\u2019s plenty to smile about in Vietnam. Image Credit: Davidlohr Bueso (Flickr) Despite the devastating weather effects of climate change and China\u2019s decelerating economy, Vietnam\u2019s growth in the property sector appears to be unstoppable this year. The Vietnam Real Estate Association\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japanese-firms-take-bigger-slice-of-vietnam-property-pie\/","url_meta":{"origin":2843,"position":1},"title":"Japanese firms take bigger slice of Vietnam property pie","date":"May 25, 2016","format":false,"excerpt":"\r Vietnam\u2019s star is rising in the Land of the Rising Sun Image credit: Vietnamplus.vn Lured by an upwardly mobile and young populace, investors from Japan are making inroads into the Vietnamese real estate market. Sanyo Homes has become the latest in a spate of Japanese property firms striking partnerships\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/danang-ascending-vietnams-third-largest-city-takes-the-spotlight\/","url_meta":{"origin":2843,"position":2},"title":"Danang, ascending: Vietnam\u2019s third largest city takes the spotlight","date":"July 25, 2016","format":false,"excerpt":"\r Last year\u2019s introduction of the new law on housing and real estate has increased foreign investments Night falls on a promenade by the H\u00e0n River in Danang. Image credit: wegodi bookinghotel (Flickr) Danang, the third largest city in Vietnam after Hanoi and Ho Chi Minh City, is becoming of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/5-reasons-why-you-should-join-the-property-report-congress-vietnam\/","url_meta":{"origin":2843,"position":3},"title":"5 reasons why you should join the Property Report Congress Vietnam","date":"May 3, 2016","format":false,"excerpt":"\r It will be the real estate calendar\u2019s top networking event of the year Property Report Congress 2015 in Singapore At the first Property Report Congress in Singapore last year, Vietnam was the runaway choice of investors and industry experts when they were asked which market was expected to perform\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vietnam-real-estate-finishes-strong-in-september\/","url_meta":{"origin":2843,"position":4},"title":"Vietnam real estate finishes strong in September","date":"October 18, 2016","format":false,"excerpt":"\r Despite natural, ecological disasters this year Phu My bridge over the Saigon River in Ho Chi Minh City, Vietnam. Le Tu \/ Shutterstock.com With construction occurring everywhere from Hanoi to Ho Chi Minh City, Vietnam finished the first nine months of the year strong with USD1 billion in foreign\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132616,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vietnam-orders-report-on-foreign-home-ownership\/","url_meta":{"origin":2843,"position":5},"title":"Vietnam orders report on foreign home ownership","date":"March 14, 2019","format":false,"excerpt":"\r Vietnam\u2019s Ministry of Construction has asked provincial and city governments to compile a report detailing the extent of foreign home ownership in the country, Vietnam News reported. The ministry will use the information to evaluate the implementation of a policy allowing foreign organisations, individuals and Viet kieu (overseas Vietnamese)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/2843"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=2843"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/2843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/2844"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=2843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=2843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=2843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nAccording to the report, soaring domestic demand and rising foreign direct investment (FDI) are among the main contributors for the impressive economic reform.
\nWith the stellar economic outlook, the country\u2019s stock market has been attracting foreign investors. Last year, the Vietnamese government even drafted a five-year plan to raise the per capita gross domestic product from USD3,200 to USD3,500 by 2020.
\nMore: Regional roundup \u2013 Vietnam wins in ASEAN real estate
\nOn the real estate front, Vietnam also made headlines in 2015 when it finally implemented its game-changing policies to ease foreign ownership rules in the residential market via the Law on Residential Housing (LRH).
\nNow that the Vietnamese market has a reputation of openness, property experts believe that 2016 will become a solid year for the real estate industry, with a flurry of investment opportunities and developments.
\nMauro Gasparotti, executive director at real estate firm Alternaty, said that Vietnam is a stark contrast to its regional counterparts, which are encountering a rough period: Singapore for its cooling measures, Malaysia and Indonesia for their currency depreciation, and Thailand for domestic woes.
\n\u201cVietnam has come through an extended period of consolidation, and looks poised to lead the regional real estate markets over the next two to three years,\u201d said Gasparott, who also noted that many regional experts at the first Property Report Congress 2015 voted for Vietnam as the top property investment market choice for the new year.
\nMore: In case you haven\u2019t head, this is the region\u2019s hottest property market in 2015
\nDevelopers in Vietnam are optimistic that the rapid urbanisation will further stimulate the domestic market, provided that infrastructure improvements and detailed guidelines on investment are laid out.
\nPhan Thanh Huy, CEO of real estate development firm Novaland Group, winner of the Best Developer award at the first Vietnam Property Awards 2015, told Vietnam News: \u201cThe property market has achieved significant growth in recent years, as proved by the transaction volumes and rising prices.
\n\u201cAlong with housing, the retail [shopping]and office segments are also expected to attract interest from developers. Demand in these segments, especially in Ho Chi Minh City, will rise sharply, thanks to the demand from foreign investors who keep pouring money to start or expand their business in Vietmam,\u201d he added.
\nThe real estate executive also noted that the support from the banking sector that will enable more consumers to buy residential properties in 2016 would help the industry to make a significant recovery.
\nAnalysts, including Marc Townsend of CBRE Vietnam, noted in late 2015 that the full impact of the policy changes in the country could take at least one year after the implementation of the LRH, so it could be a few more months before any significant surges are seen in the market.
\nRead next: What to expect in real estate as the AEC era begins
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\nSource : property-report.com
\nRead more…2016 will be a solid year for Vietnam real estate, insiders predict<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"