VietNamNet Bridge – Experts have forecast property projects in major cities and provinces will continue to be attractive to foreign investors in the next few years.
The burgeoning high-end property market and the Government's policy allowing foreigners to own houses in the country are promising a brighter outlook. A survey by the HCMC-based property management firm VietRees indicates more than US$8bil in foreign direct investment has been pledged in property projects implemented between 2004 and 2010. South Korea ranks first, followed by Singapore, Malaysia, Hong Kong and Taiwan.