Research

Vietnam Market Property Overview 2Q20

The latest overview of the real estate market and the outbreak's impact on businesses.

July 13, 2020

The Covid-19 epidemic was keeping investors on the side lines as to whether to invest or expand businesses in Vietnam. Total foreign investment amounted nearly USD 15.7 billion in 1H20, down 15.1% y-o-y. Of the total, USD 8.5 billion came from newly licensed projects, while those with additional registered capital and those with capital contribution, share purchase totalled USD 3.7 billion and 3.5 billion, respectively.

Of the 18 sectors invested in 1H20, manufacturing industry took the lead of over USD 8 billion, accounting for 51.1% of the total registered investment. Electricity production with USD 3.95 billion ranked in second place, equivalent to 25.2% of the total. This was followed by retail sales and real estate investment with USD 1.08 billion and nearly USD 850 million respectively.

In terms of investment partners, Singapore topped the lead in 1H20 with USD 5.44 billion, accounting for 34.7% of the total investment. Thailand and China followed in the second and third place respectively.

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