28.9 C
Ho Chi Minh City
Monday, February 17, 2025

spot_img

TAG

property

Cause for concern?

New foreign investment approvals in Vietnam declined slightly in 2024. Understanding what is behind the drop is essential for finding coping solutions. Reasons for the fall Though Vietnam made positive macroeconomic achievements in 2024, such as stronger-than-expected GDP growth, higher per capita income, stronger productivity, tamed inflation, and robust trade, the foreign investment picture was not as good as hoped. According to the General Statistics Office, fresh foreign investment approvals in Vietnam, including new registrations, adjustments, and contributions or share purchases, amounted to US$38.23 billion last year, a 3% decline against 2023. This contrasts with the 23% increase in the previous year, raising questions about whether the slide should be seen as a warning sign, especially as Vietnam is changing its investment policy in a way that favors global corporations. The decline resulted primarily from newly registered foreign direct investment (FDI) and foreign indirect investment (FII). Meanwhile, FDI disbursements rose by 9.4% over 2023 to a record high of US$25.35 billion, marking the third consecutive year of growth. In 2024, Vietnam recorded 3,502 deals for capital contributions and share acquisitions by foreign investors, totaling US$4.54 billion. While the number of deals increased by a slight 1.5%, the total value fell […]
To read more, please click here.

Vietnam ramps up social housing projects with over 581,000 units under construction

HCMC – Vietnam is pushing for social housing development, with over 581,000 units currently under construction across the country, according to the Ministry of...

A year of change and hopeful prospects

The year 2024 marked a transformative period for Vietnam’s real estate market, driven by the implementation of three landmark laws related to land, housing...

Bracing for a new cycle

The real estate market in 2025 will facing a transformative phase as newly enacted laws bring opportunities and challenges. While stricter regulations enhance consumer...

Concerns over rent rise

The growing supply of industrial real estate in Vietnam has fueled expansion across various industries. However, the recently announced land price list has raised...

HCMC proposes incentives to boost affordable housing

HCMC – The HCMC Department of Construction has submitted a draft resolution to the city’s People’s Committee, proposing measures to accelerate affordable housing projects...

Housing prices rise despite higher supply

HCMC – Housing prices in some Vietnamese provinces and cities have climbed, even with a rise in supply in the third quarter of 2024. The...

HCMC’s new land price list takes effect Thursday

HCMC – A new land price framework will come into force on Thursday, October 31, affecting taxes and fees related to land use across...

Latest news

spot_img