FDI into real estate sector on the sharp riseForeign direct investment (FDI) into Vietnam’s real estate sector has continued rising, showing positive signs for the sector. With the figure, real estate stood third among sectors which lured FDI the most between January and February this year. By the end of 2017, Vietnam attracted a total USD53.1 billion FDI in the property sector, making up 16.7% of the country’s total FDI. Nguyen Hoang, R&D director of DKRA Vietnam, said that the real estate market has mostly attracted FDI through M&A activities. Dr Su Ngoc Khuong, investment director of Savills Vietnam, said “FDI in real estate will help enterprises reduce their dependence on banks.”Le Hoang Chau, chairman of HCM City Real Estate Association, said that FDI is an important investment channel into the real estate sector; however careful consideration should be given whether to go down that route.

Source: VietNamNet News March 14, 2018 08:37 UTC