The latest overview of the real estate market and the outbreak's impact on businesses.
October 20, 2020
Although thousands of experts and investors have been supported to enter Vietnam, a large number has yet to make it, making it difficult for the investment and business expansion in Vietnam. Total foreign investment amounted USD 21.2 billion in 9M20, down 18.9% y-o-y. Of the total, USD 10.4 billion came from newly licensed projects, while those with additional registered capital and those with capital contribution, share purchase totalled USD 5.11 billion and 5.7 billion, respectively.
Of the 18 sectors invested in 9M20, manufacturing industry took the lead of nearly 9.9 billion, accounting for 46.6% of the total registered investment. Electricity production with USD 4.3 billion ranked in second place, equivalent to 20.6% of the total. This was followed by real estate investment and retail sales with USD 3.2 billion and USD 1.3 billion respectively. In terms of investment partners, Singapore took the lead in 9M20 with USD 6.77 billion, accounting for 32% of the total investment. South Korea and China followed in the second and third place respectively.
The Vietnam Property Market Overview 1Q20 report provides the latest real estate market overview and discuss about the outbreak's impact on businesses in the first quarter of 2020. Download now.