HANOI, Sept 25 Asia Pulse - Vietnam is one of the most attractive markets for real estate developers in Asia, foreign and local investors have said.
The investors represent 70 local and foreign real estate groups, who are tracking developments and opportunities in Vietnam's market at a two-day seminar in Ho Chi Minh City, which kicked off on September 23.
They were of the view that the property market in Vietnam offers lucrative opportunities despite volatile prices, which explain why half of $47 billion in FDI pumped in the country in the past eight months went into property development projects.
The bustling economic hub of Ho Chi Minh City saw 90 per cent of its $7.9 billion in FDI in the reviewed period injected in real estate.
A new trend has appeared in the sector with Vietnamese real estate developers partnering with foreign businesses in property development projects.
