“Vietnam’s government implemented the Housing Law and the Law for Real Estate Business that allows foreign nationals to own and lease property in Vietnam, which has proved to be a positive step for the demand of real estate in Vietnam.”
Trade friction between USA and China: The United States has imposed 25.0% tariffs on Chinese imports worth USD 250.0 billion and discussions of imposing an additional 10.0% on goods worth USD 300.0 billion are in progress. Hence, the trade war is driving multiple companies to diversify and relocate to Vietnam owing to its low-cost factors of production, stable government and growing GDP rates, which turned the Southeast Asian nation into an appealing alternative when compared to China. Intel Corp. and Samsung were early to spot its promise for manufacturing; they employ more than 182,000 workers combined at factories that assemble chipsets and smartphones.
Housing Law and Real Estate Business Law: The law that went into effect on 1st of July 2015 has given a strong boost to the demand of real estate in Vietnam by allowing the following individuals to own real estate in Vietnam:
Investors with residential house construction projects in Vietnam.
Foreign-invested enterprises, branches as well as representative offices of foreign enterprises, foreign investment funds and branches of foreign banks operating in Vietnam; and
Foreigners permitted to enter Vietnam.
Vietnam becoming a Popular Tourist Destination: Along with a total of 15.5 million international tourists visiting Vietnam during 2018, the country has been poised to become one of the major tourist attractions in the recent years. The average expenditure by international tourists in Vietnam in 2017 was evaluated USD 96.0 per day. Vietnam is expected to be welcomed by 53.5 million international tourists by the year ending 2025 which showcases the potential of Vietnam’s tourism.
Migration away from the CBD: Vietnam has witnessed a trend among the tenants and builders, where properties are being built in the Non CBD region and outer areas of business cities such as Ho Chi Minh City and Hanoi as the Land Bank gets depleted; while tenants prefer properties in the Non CBD region as rental rates are lower.
The report titled “Vietnam Real Estate Market Outlook to 2025 – By Office Real Estate Market (Grade A, Grade B and Grade C), By Retail Real Estate Market (Retail Podiums, District Centers and Shopping Centers), By Residential Real Estate Market (Apartment, Villas, Condominiums and Others), and By Hotel Real Estate Market (3 Star, 4 Star, 5 Star and Other Hotels)” by Ken Research suggested that the Real Estate Market in Vietnam is growing and carries major potential in each of its sub segments. The government’s policies favoring the real estate market such as the Housing Law and the Law on Real Estate Business coupled with the dynamics of global trade causing companies to migrate away from China to Vietnam driven by Vietnam’s low cost land and labor forces, will elevate Vietnam’s Real Estate Market to greater heights. Vietnam’s office market supply (in NLA), retail market supply (in GLA), residential market supply (in units) and hotel market supply (in total number of keys) is projected to grow by a CAGR of 5.7%, 9.9%, 15.4% and 8.1% respectively over the forecast period 2018-2025 thus, showcasing the potential of real estate in Vietnam in the near future.
Key Segments Covered:-
Vietnam Office Real Estate Market
By Type:
Grade A Office
Grade B Office
Grade C Office
By Geography:
Vietnam
Ho Chi Minh
Hanoi
Vietnam Retail Real Estate Market:-
By Location:
CBD (Central Business District)
Non CBD (non central business district)
By Type:
Retail Podium
Department Store
Shopping Center
By Geography:-
Vietnam
Ho Chi Minh
Hanoi
Vietnam Residential Real Estate Market:-
By Type:
Apartments
Condominiums
Villas and Townhouses
By Geography:
Vietnam
Ho Chi Minh
Hanoi
Vietnam Hotel Real Estate Market:-
By Type:
3 Star Hotels
4 Star Hotels
5 Star Hotels
Others (Less than 3 Star Hotels)
By Geography:
Vietnam
Ho Chi Minh
Hanoi
Key Target Audience:-
Real Estate Developers
Independent Investors
Real Estate Consulting Companies
Third Party Real Estate Companies
Independent Architects
Government Associations
Government Agencies
Time Period Captured in the Report:-
Historical Period – 2013 – 2018
Forecast Period – 2019F – 2025F
Case Studies Covered:-
Vietcom Bank
Deutsches Haus
Diamond Plaza
Vincom Centre
Rever.vn
Emerge
Ohana.vn
For more information on the research report, refer to below link:-
Vietnam Real Estate Market
Related Reports:-
Saudi Arabia Real Estate Market Outlook to 2025 – By Retail Real Estate Market (Super-Regional Malls, Regional Malls and Community Centre), By Hotel Real Estate Market (3 Star, 4 Star, 5 Star and Other Hotels), By Office Real Estate (Premium Offices Grade A and Grade B) and Residential Real Estate Market (Apartment, Villas, Traditional Houses and Others)
Australia Real Estate Market Outlook To 2023 – By Residential (Apartment & Villas), By Retail (Regional, Sub-Regional, Neighborhood, CBD, Large Format Retail And Others), By Office (Grade A, Grade B And Premium Offices) And By Hotel (3 Star, 4 Star, 5 Star And Other Hotels)
Singapore Real Estate Market Outlook to 2023 – By Residential Market (New Sales, Re-Sales and Sub-Sales), By Retail Market (Private and Public Retail Space), By Office Market (Private and Public Office Space) and By Hotel Market (Gazetted and Non-Gazetted Hotels)
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Tags: Affordable Apartment Rental Rate Vietnam, Báo cáo đánh giá thị trường bất động sản Việt Nam, Chợ khách sạn việt nam, Cung cấp căn hộ cao cấp Việt Nam, Da Nang Office Real Estate Market, Da Nang Office Real Estate Market Average Occupancy Rates, Da Nang Office Real Estate Market Average Rental Rates, Deutsches Haus Real Estate Market Sales, Diamond Plaza Real Estate Market Size, Emerge Real Estate Market Sales, Evaluation Of Project Analysis Vietnam Real Estate Market, Evaluation Report Vietnam Real Estate Market, Evaluation Study Vietnam Real Estate Market, Evaluation Summary Report Vietnam Real Estate Market, Evaluative Research Questions Vietnam Real Estate Market, Evaluative Survey Vietnam Real Estate Market, Hanoi City Office Real Estate Market, Hanoi Condominiums Real Estate Market, Hanoi Hotel ADR Market, Hanoi Hotel Revpar Market, Hanoi Office Real Estate Market Average Rental Rate, Hanoi Office Real Estate Market Future Size, Hanoi Office Real Estate Market Occupancy Rates, Hanoi Office Real Estate Market Occupancy Rates by Grade, Hanoi Office Real Estate Market Supply By Grade, Hanoi Office Real Estate Market Vacancy Rates, Hanoi Retail Real Estate Market Supply By CBD, Hanoi Retail Real Estate Market Supply By Non CBD, Hanoi Townhouses Real Estate Market, Hanoi Villas Real Estate Market, HCMC Hotel ADR Market, HCMC Hotel Revpar Market, Ho Chi Minh City Condominiums Real Estate Market, Ho Chi Minh City Office Real Estate Market, Ho Chi Minh City Office Real Estate Market Average Rental Rate, Ho Chi Minh City Office Real Estate Market Future Size, Ho Chi Minh City Office Real Estate Market Occupancy Rates, Ho Chi Minh City Office Real Estate Market Occupancy Rates by Grade, Ho Chi Minh City Office Real Estate Market Vacancy Rates, Ho Chi Minh City Real Estate Market Upcoming Projects, Ho Chi Minh City Retail Real Estate Market Supply By CBD, Ho Chi Minh City Retail Real Estate Market Supply By Non CBD, Industry Research Report Of Vietnam Real Estate, Market Research Report Of Vietnam Real Estate, Mid End Apartment Rental Rate Vietnam, Northern Vietnam Total Number Of Industrial Projects, Northern Vietnam Total Occupied And Vacant Area, Number Of Hotel Rooms By Star Category Vietnam, Ohana.vn Real Estate Market Size, Quy mô thị trường bất động sản bán lẻ Việt Nam, Real Estate Industry In Vietnam, Real Estate Market In Vietnam, Rever.vn Real Estate Market Revenue, Social Evaluation Research Vietnam Real Estate Market, Southern Vietnam Total Number Of Industrial Projects, Southern Vietnam Total Occupied And Vacant Area, Thành phố Hồ Chí Minh Cung cấp thị trường bất động sản bán lẻ bởi CBD, Thị trường bất động sản nhà ở Việt Nam, Thị trường bất động sản văn phòng thành phố Hà Nội, Thị trường bất động sản việt nam, Thị trường văn phòng thành phố Hồ Chí Minh, Văn phòng Việt Nam Cung cấp bất động sản hạng A, Văn phòng Việt Nam Thị trường bất động sản Giá cho thuê trung bình, Vietcom Bank Real Estate Market Revenue, Vietnam 3 Star Hotel Real Estate Market, Vietnam 4 Star Hotel Real Estate Market, Vietnam 5 Star Hotel Real Estate Market, Vietnam Apartment Real Estate Market, Vietnam Apartment Real Estate Market Average Rental Rate, Vietnam Co-Working Real Estate Market, Vietnam Condominiums Real Estate Market, Vietnam Condominiums Real Estate Market Average Occupancy Rate, Vietnam Condominiums Real Estate Market Average Vacancy Rate, Vietnam Hotel ADR Market, Vietnam Hotel Market, Vietnam Hotel Market By Number Of Hotels Rooms, Vietnam Hotel Revpar Market, Vietnam Industrial Real Estate Market, Vietnam Luxury Apartments Market Supply, Vietnam Luxury Apartments Rental Rate, Vietnam Office Real Estate Grade A Market Supply, Vietnam Office Real Estate Grade B Market Supply, Vietnam Office Real Estate Grade C Market Supply, Vietnam Office Real Estate Market, Vietnam Office Real Estate Market Average Future Rental Rates, Vietnam Office Real Estate Market Average Rental Rate, Vietnam Office Real Estate Market Occupancy Rates, Vietnam Office Real Estate Market Occupancy Rates By Grade, Vietnam Office Real Estate Market Supply, Vietnam Office Real Estate Market Vacancy Rates, Vietnam Online Classifieds Market, Vietnam Real Estate Industry, Vietnam Real Estate Industry Research Report, Vietnam Real Estate Market, Vietnam Real Estate Market Analysis, Vietnam Real Estate Market Competition, Vietnam Real Estate Market Forecast, Vietnam Real Estate Market Future Outlook, Vietnam Real Estate Market Growth, Vietnam Real Estate Market Major Players, Vietnam Real Estate Market Research Report, Vietnam Real Estate Market Revenue, Vietnam Real Estate Market Shares, Vietnam Real Estate Market Size, Vietnam Real Estate Market Trends, Vietnam Residential Real Estate Market, Vietnam Residential Real Estate Market Average Rental Rates, Vietnam Residential Real Estate Market Size, Vietnam Retail Real Estate Market Average Rental Rate, Vietnam Retail Real Estate Market Future Average Rental Rate, Vietnam Retail Real Estate Market Future Outlook, Vietnam Retail Real Estate Market Occupancy Rate, Vietnam Retail Real Estate Market Rental Rates by CBD, Vietnam Retail Real Estate Market Rental Rates by Non CBD, Vietnam Retail Real Estate Market Size, Vietnam Retail Real Estate Market Vacancy Rate, Vietnam Serviced Apartments Real Estate Market, Vietnam Serviced Apartments Real Estate Market Rental Rate, Vietnam Townhouses Real Estate Market, Vietnam Upscale And Luxury Average Room Rates, Vietnam Villas Real Estate Market, Vincom Centre Real Estate Market Shares, Write An Evaluation Report On Vietnam Real Estate Market