The spotlight has again been shone on Vietnam as a country to watch this year in an annual global research report from a leading real estate firm.
The Knight Frank Wealth Report, published today, reported that in a higher-interest rate and lower-growth environment, picking the right residential property investment location becomes a more pressing issue. Its shortlist was influenced by the burgeoning requirement for market outperformance led by economic and employment growth, new infrastructure, regeneration, quality of education, environment and lifestyle.
Referring specifically to Vietnam, Knight Frank said it is country on an upward trajectory.
Structural reforms initiated by the current government place Vietnam ahead of other emerging markets. Importantly for investors, new rules were brought in during 2015 which opened up property markets to foreign buyers.
It also said the new metro line currently underway in Ho Chi Minh City will see District 2 and 9 outperform.
You can download a copy of the Knight Frank 2016 Wealth report from here.