QUARTERLY MARKET REPORT – Q2/2021

Vietnam cases of COVID-19 from April 27 increased by more than 50,000 nationwide, an increase in death historically follows a spike in illness. Millions are still unvaccinated and a highly contagious virus variant spreading quickly. Many containment restrictions and measures were put into place in...

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Real estate market report – HN & HCMC (Q1 2021)

Normally, the first three months of the year often witness the low transaction volume, because of the long holiday of the Lunar new year. This year, the situation seems to be tougher by the global impact of COVID-19 pandemic. We have lost a significant number of foreign investors to buy houses and...

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Vietnam’s economy & Hanoi Market report in 2020

About 2020, this is a year to forget, with lessons to remember. From natural disasters, protests, riots, racial tension to the worst – deadly covid-19 pandemic which has damaged the global economy with negative impacts like temporary and even permanent business closures, public gatherings are...

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Real estate market Report – Hanoi, Vietnam (Q3 2020)

Besides China, Vietnam’s only economy that is set for growth with Gross Domestic Product rise 2.62% year over year in the third quarter, accelerating the country’s economic recovery from a slowdown in the first half of 2020. How about the future of the real estate market? What is the housing...

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Market Overview Q2 2020 – Real estate market in Hanoi

Every quarter, we point out how the economic growth is changing across the world and housing, commercial and industrial market performance. In this edition for Q2 2020, we still witnessed the impact of pandemic, but there were also signs of recovery phase. The home sales are up, but still weak...

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MARKET OVERVIEW QI/2020

A. WORLD ECONOMY: Starting from December 2019 until middle of April 2020, the coronavirus COVID-19 pandemic has been spreading to more than 210 countries / territories around the world, with nearly 2.2 million confirmed cases, more than 150 million deaths. Since there has been no vaccine in...

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Hoang Mai District: Bright point of economic- social development in Hanoi

The internal strength of Hoang Mai District has been shown evidently in recent years as the district has maintained a high and stable economic growth. According to the report of the District People’s Committee, the Party Committee and the People’s Committee of Hoang Mai District have...

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5 reasons why Vietnam is becoming Asia’s latest property hotspots

According to Vietnam’s General Statistics Office, in 2019, the economy grew significantly by 6,98%, which is highest record for the past nine years. Mr. Vikram Kohli, who is General Directior of CBRE in Indochina Area affirms that Vietnam is among the top fastest-growing economies globally. In...

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Vietnam ranked 70th in World Bank’s Ease of Doing Business 2020 report

The World Bank (WB) has just released its Business Environment Report 2020. Among the assessed 190 economies, Vietnam reached 69.8 points out of 100, higher than last year (68.6), but fell one step down to 70th. This year, WB values 190 economies based on 10 criteria including Enterprise...

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MARKET OVERVIEW 2019

Recently, the globalization has impacted on every country from the biggest economy as America to the poorest countries, it has taken China from poor country to top the “world’s factory” where multinational corporations could optimize their profit by utilize the cheap costs and preferential...

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