HCM City has been greatly attractive to foreign property buyers (Photo: VNA)
HCM City (VNA) – The hi-end property market inHo Chi Minh City holds great attractiveness to Asian investors, especiallythose from China, according to CBRE Vietnam.
The real estate services firm said on December27 that according to statistics on CBRE’s successful transactions in HCM City,Chinese buyers of hi-end apartments only accounted for 2 percent of totalcustomers in 2016 and 4 percent in 2017, but the rate surged to 31 percent inthe first nine months of this year.
The main reason is that since 2015, Vietnam hasallowed foreign investors to own property in the local market. Additionally,Vietnamese developers have also actively advertised their projects in othercountries. While a number of real estate projects were introduced in Singaporeand China’s Hong Kong in 2016 and 2017, they have been strongly promoted inBeijing and Shanghai cities of China this year.
CBRE said more Chinese investors have become interestedin HCM City’s property market because they saw the development similaritybetween the southern economic hub of Vietnam and Shanghai.
Three decades ago, Shanghai was almost like HCMCity at present with many undeveloped areas and low-rises. Now, it is one ofthe world’s leading financial centres with soaring property value.
On the other hand, in the past, most of foreignbuyers were those who lived or worked in Vietnam for many years. At present,thanks to developers’ active promotion overseas, more foreigners have come toknow the Vietnamese market and decided to purchase local real estate althoughthey haven’t set foot in the country.
In fact, they would later still come to thecountry to visit the items they intended to buy, CBRE noted.
Le Hoang Chau, Chairman of the HCM City RealEstate Association, said foreigners in Vietnam are very interested in the policyto allow foreigners to buy houses at commercial housing projects.
Those from Europe, North America, Australia andJapan usually rent houses, while others from the Republic of Korea, Singapore,China and Hong Kong tend to make purchases, he added.-VNA
The real estate market in Hanoi is becoming a magnet for foreign investors, with the number of experts and entrepreneurs from abroad working in the capital city rising.
Foreign investors are interested in Vietnam’s real estate market, said Vikram Kohli, Regional Managing Director of Southeast Asia of CBRE – the worldwide leader in real estate services.
Economic experts and representatives from a range of firms gathered together at a teleconference on investment trends and opportunities in Vietnam’s real estate market, held in Hanoi on December 11.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
HCM City has been greatly attractive to foreign property buyers (Photo: VNA) 
