Investment Property for Sale in Vietnam

A series of worldwide investment conferences are shedding light on the vast potential that exists in Vietnam for international property investors and developers. 

As a result of the resurgence of interest in Vietnam, experts predict that 2006 will bring increased levels of direct international financial input to the country and that investment property for sale in Vietnam will become a desirable commodity once again.

The investment property market in Vietnam has stagnated since November 2004 as a result of the government issuing decrees to effectively reduce the competitive nature of the country’s real estate market; however the government is now developing more flexible policies to attract property investors back to the market.

Beginning last week simultaneously in Singapore and Malaysia, the International Urban Investment and Development Joint Stock Company hosted conferences for private and institutional investors to draw attention to the range of projects under development or in the planning stages that require financial input and that present investors with the best potential for growth in Vietnam.

Investors from Vietnam, Malaysia and Singapore were introduced to multiple property projects in the likes of Ho Chi Minh City, Hanoi, Hai Phong, Da Nang and Nha Trang that all require financial input and which all seemingly represent excellent investment potential.

To further the development of the real estate market in Vietnam and bring more investment property for sale in Vietnam to the greater world market, another conference has been organised for October and already delegates from investment backgrounds from the US, Hong Kong, Taiwan, South Korea, Singapore and Malaysia are expected to attend.

The Vietnam Real Estate Industry is working in partnership with the International Urban Investment and Development Joint Stock Company to cosponsor the conferences in a bid to kick start international investment in Vietnam again and to reawaken the country’s tourism and real estate markets in particular.  Both bodies are also working to promote the new Common Investment Law that is due to come into effect in Vietnam in July 2006.

The Common Investment Law is designed to make foreign investment into Vietnam easier, to offer overseas investors the same privileges and levels of security as domestic investors and to ultimately increase foreign direct investment into Vietnam by up to 29%. 

The Vietnamese Ministry of Natural Resources and Environment is working to push the government to create even more flexible investment policies to target foreign investment commitment in the real estate market, and in terms of the sectors of property in Vietnam requiring international investment, opportunities exist simultaneously in the residential, office, hotel, tourism and industrial market sectors which presents an investor with the opportunity to diversify portfolio holdings by investing in Vietnam.

Special Reports: Property News for Vietnam

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Vietnam: Introduction for Real Estate Investors
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