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Day: December 3, 2024

Residential Real Estate in Vietnam: Industry Overview 2024

Vietnam’s residential real estate market is shaped by urbanisation, economic growth, and rising demand for diverse housing options. Major cities like Ho Chi Minh City and Hanoi dominate the sector, with developments ranging from affordable apartments to luxury villas. That said, there are challenges in the sector such as affordability issues and rising land prices. Regardless, the residential market remains a vital component of Vietnam’s real estate landscape.

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Industrial Real Estate in Vietnam: Industry Overview 2024

Vietnam’s industrial real estate market has been evolving, driven by urbanisation, economic shifts, and increasing foreign investment. Key regions such as Ho Chi Minh City and Hanoi dominate the sector, with industrial parks and logistics hubs in high demand due to the influx of multinational manufacturers and Vietnam’s growing role in global supply chains.

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Commercial Real Estate in Vietnam: Industry Overview 2024

The retail sector is undergoing a transformation, with traditional shopping formats adapting to the rise of e-commerce. Developers are focusing on integrated spaces that blend shopping, dining, and entertainment to meet evolving consumer demands. Office demand, while recovering post-pandemic, is increasingly shifting towards flexible workspaces and decentralised locations.

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Vietnam’s rubber exports record sharp rise in October

Year-to-date performance highlights mixed results. From January to October, Vietnam exported 1.54 million tonnes of rubber, a 4.9 percent decrease in volume compared to the same period in 2023. However, export value increased by 16.4 percent, reaching US$2.53 billion, reflecting higher global rubber prices.

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FDI inflows from Thailand to Vietnam steady in October

Year-to-date figures show a total of 14 new projects and US$141.42 million in newly registered capital. These figures highlight Thailand’s role as an important investor in Vietnam’s economic development, particularly in manufacturing and processing sectors.

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