Foreign property investors increase in Vietnam as interest in luxury real estate returns

[Nicholas Wallwork]

Property investment in Vietnam, especially from foreign real estate investors, is rising with a growing confidence in the market boosted by government initiatives and greater transparency, it is claimed.

Official figures show that the number of property transactions has begun to increase, particularly for land-related ones. And land prices have increased 10 to 30% in certain parts of Ho Chi Minh City since the end of last year.

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