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The proportion of FDI Capital in the real estate sector accounted for 27.2% of the country

Tuesday - 24/07/2018 13:06
The proportion of capital poured into the field of real estate business ranked second with $ 5.54 billion, accounting for 27.2% of total FDI investment in Vietnam.
According to statistics from the Foreign Investment Agency (Ministry of Planning and Investment), the total value of foreign direct investment (FDI) in the first and second quarter of 2018 was US $ 20.33 billion, up 5.7% compared with the same period last year.

In particular, the proportion of capital poured into real estate business ranked second with $ 5.54 billion, accounting for 27.2% of total FDI investment in Vietnam.
FDI
The proportion of FDI Capital in the real estate sector accounted for 27.2% of the country

According to real estate experts, increased FDI capital proves positive signals to the market. About 10 years ago, although FDI inflows into the real estate market were large, only about 10% of total FDI inflows into Vietnam.

So it can be said that the attraction of foreign investment in Vietnam is expected to help standardize the market, create value in accordance with international standards, contribute to the Vietnam real estate market. In short, the real estate will also be abundant, rich and diverse than before.

Notable projects and highlights of the first 2 quarters of the year is the Sumitomo Group, together with domestic partners such as BRG, was the Hanoi People's Committee granted the investment certificate of smart city in Dong Anh district with investment capital of USD 4.13 billion. Lotte Group also pledged to invest USD 600 million in a trade center project, office and hotel project in Hanoi.

Nguyen Hoai An, Director of Hanoi Branch of CBRE, said that increasing the proportion of FDI in real estate shows that investors are very interested in the Vietnamese market with high expectations.

The real estate market in recent years has been much more open to foreign investors, including foreigners buying houses. As the number of foreign tourists to Vietnam increases rapidly, Vietnam is more and more known in the market. Especially, through IPO, international bond issuance, ... Vietnam has attracted the attention of many international investors.

About 10 years ago, international investors started to pay attention to the real estate market in Vietnam but mainly poured into the casino, not necessarily the core ones. Foreign investment has paid close attention to the demand for accommodation and consumption ... This is really the long-term demand and the sustainability of the market. This also makes the difference in attracting FDI into the market. Vietnamese assets in 2018, "she An analysis.
 

Author: Theo Bnews.vn

Source: Cophieuviet.com

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