Vietnam in ‘golden period’ for housing and resortsVietNamNet Bridge - Many real estate developers in recent years have been running a race to provide products that serve tourism, an achievement that has helped attract 10 million foreign travelers to Vietnam. Tourism makes up 13.9 percent of GDP in Vietnam, higher than 8.2 percent in the US. The industry is estimated to create 2.25 million jobs, or 4 percent of the labor force.2016 was a bustling year for the resort real estate market (resorts and condotels). However, he thinks Phu Quoc is still not that attractive because of poor public and leisure facilities, though the natural landscapes are beautiful. Most of the real estate developers there are Vietnamese.In Nha Trang City, the resort real estate sector witnessed good liquidity in 2016, especially condotels.

Source: VietNamNet News February 18, 2017 07:52 UTC