- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
Foreign investors pledged to pour over US$2.8 billion in real estate sector in the first four months this year, accounting for 30.3 percent of the total foreign direct investment inflows.
The year 2024 marks a challenging period for real estate businesses, not only in Vietnam but also worldwide.
Since 2022, borrowing foreign capital without government guarantees has become more difficult, and according to feedback from many businesses, part of the reason is the tight control policies on foreign borrowing from the State Bank of Vietnam.
Tourism and resort real estate, although affected by the pandemic, are showing many signs of recovery and many new positive opportunities in the coming period.
On the evening of July 13th, the Provincial Architects Association of Ba Ria - Vung Tau held a workshop on "Experience in implementing social housing projects by Ong & Ong Group in Singapore and Malaysia, lessons learned for Vietnam".
Amid global economic turbulence, the real estate market faces significant risks from bank credit and corporate bonds.
Foreign direct investment (FDI) stimulates the growth of serviced apartments by increasing demand from international experts. FDI drives market expansion, particularly in rapidly developing areas.
Among investment sectors, real estate continues to attract significant FDI. This raises the question of why FDI continues to pour into this sector.
Currently, increasing public investment, particularly in infrastructure projects, is a strategic priority that the Vietnamese government is actively promoting for 2024. This is seen as a major opportunity for the real estate market.