Viet Nam Market Brief Q4/2017

Vietnam Real Estate Market Briefs Q4 2017
Viet Nam Market Brief

Q4/2017

GDP exceeded the 2017 target and at 6.8% achieved the highest growth in five years. GDP per capita was US$2,385 and increased 10% year on year (YoY).

Credit growth is estimated to reach 18% to 19 percent. Estimated outstanding consumer borrowing increased 65% YoY. Loans for home buying and house repairs had a 53% share and increased 77% YoY.

Inbound tourism continues to grow with 12.9 million international visitors for 2017, up 29 percent. Accommodation and F&B revenues were approximately US$22 million, up 12% YoY.

Total registered FDI growth was 44% and disbursement grew 11% over 2016. Japan, with an over 36% share led new FDI registered capital.

 

Key contacts

Troy Griffiths

Troy Griffiths

Deputy Managing Director

Savills HCMC

+84 933 276 663

 

Do Thi Thu Hang

Do Thi Thu Hang

Associate Director
Research

Savills Hanoi

+84 912 000 530

 

Vo Thi Khanh Trang

Vo Thi Khanh Trang

Research Manager
Research

Savills HCMC

+84 28 3823 9205 Ext 194

 

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