Viet Nam’s real estate transparency index this year rose one place to 56th, pushing the country into ‘semi-transparent’ market status for the first time in JLL’s report on biennial Global Real Estate Transparency Index (GRETI) 2020.
Bumped up a notch from “non-transparent” to “semi-transparent”, the Vietnamese real estate market will draw more foreign investment, according to JLL.
Vietnam’s two major cities, Hanoi and Ho Chi Minh City, have contributed to the country’s higher rank in the 2020 Global Real Estate Transparency Index (GRETI).
Hanoi and Ho Chi Minh City have contributed to the country's higher rank in the 2020 index.
Housing demand remains high in Ho Chi Minh City despite impact of the COVID-19 pandemic, according to US-based real estate and investment management services firm Jones Lang LaSalle (JLL).
“Stay Sustainable” will be a must-have factor for better living standards.
Businesses are re-examining their commercial real estate strategies after the changes resulted from Covid-19.
Despite thin supply, primary prices remain stable, suffering no impacts from the pandemic.
Retailers in Vietnam must prepare to navigate a period of elevated risks to cash flow and increased operational costs arising from a slump in consumer demand and disruption to supply chains amid the novel coronavirus disease (COVID-19) pandemic, according to JLL Vietnam.
A number of multinationals have already taken steps to expand supply chains in Vietnam since last year in order to avoid new tariffs on goods exported from China to the United States, and more are set to follow suit in the hunt for alternative markets for production as prices rise, according to the latest report released by JLL.