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Vietnam Residential 2H 2017
04 October 2017
In the late 1980s, the urban population of Viet Nam was 20% of the total. When economic liberalisation was embraced, the rate of rural migration to urban centres increased, and 30 years later it is now at its highest rate of 34%. In 2000, Viet Nam had approximately 2,200 sq km of urban land; by 2010 that land area had expanded to 2,900 sq km, overtaking Thailand and the Republic of Korea. With growth of almost 2% per annum, the pace of urbanisation over the last five years was the second highest in the region. The ratio of urbanisation in Viet Nam, however, is still lower than Malaysia at 75%, Indonesia with 54% and Thailand at 52%, indicating that there is still significant potential for urban expansion.
Take a look at our latest properties this season and find out more about the investment opportunity in Danang, where APEC 2017 will take place.
Modern retail supported by large young population and a growing economy. 2nd highest urban population in the region and growing. Consistently high GDP growth.
Q2 in HCMC there was a 67% YoY increase in sales to 11,600 whilst in Hanoi it was 13 % to 6,800.
Designed by world-class architects, Mövenpick Cam Ranh Resort has a combination of modern architecture and traditional style.
Developed by one of Vietnamese Indonesian associated leading companies, Horison Tower is a Grade B+ 14-office building in the strategic location.
Developed by PetroVietnam Insurance and completed in 2013, PVI Tower is a Grade A 25 storey office building in an excellent location in Hanoi.
The Ocean Estates is one of two projects in the largest resort complex in Central Vietnam - The Ocean Resort.