The country ranks 11th in the JLL list of 28 markets that had the largest transparency score change in the past two years since the firm’s last index in 2006.
Yet Vietnam’s overall ranking is still as low as 77 out of the 86 economies surveyed by JLL for the Real Estate Transparency Index.
The index ranks economies based on performance measurements, market fundamentals, listed vehicles, legal and regulatory environment, and transaction processes.
It categorizes the surveyed economies into five groups of high, transparent, semi, low and opaque levels.