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Report

Vietnam Property Market Brief Q2 2017


Vietnam's economy records positive growth: In the first half of 2017, Vietnam's GDP growth was estimated at 5.7%, higher than the 5.5% in 1Q16, according to the General Statistics Office. In terms of econo​mic structure, the agriculture, forestry and fishery sector witnessed growth of 2.7% y-o-y despite the effects of harsh climatic and environmental disasters. The industrial and construction sector grew by 5.8% y-o-y, lower than the 7.1% in 2016 owing to a significant decline in the mining sector. Meanwhile, by end-2Q17, the service sector recorded record growth of more than 6.9% y-o-y, the highest figure since 2012.​

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