Investors from Europe, US absent from Vietnam real estate marketVietNamNet Bridge - Asian real estate developers have increased their presence in Vietnam, while European and American investors have remained indifferent to the market. Creed Group from Japan has taken over Lacasa project initially invested by Van Hung Phat Real Estate. He said that real estate, by nature, has close relations with local rules, and legal issues could be why western investors are less interested. Western investors act as financial investors of listed real estate firms. The analyst said that European and American firms tend to focus on real estate related services.
Source: VietNamNet News February 13, 2018 06:22 UTC