According to the assessment of the Ministry of Construction, Vietnam's real estate market currently continues to be a safe and attractive investment destination for foreign investors.
The real estate market continues to be a bright spot to attract investment. (Photo: Hung Vo/Vietnam+)
A representative of the Ministry of Construction said that in the first months of 2022, there were nearly 2.7 billion foreign direct investment (FDI) registered to "pour" into Vietnam's real estate market. This is the second largest FDI attraction, after industry and manufacturing.
Specifically, according to a study by the Ministry of Construction, as of March 20, 2022, the total newly registered, adjusted and contributed FDI capital to buy shares and purchase capital contributions from foreign investors reached over 8 ,9 billion USD; equal to 87.9% over the same period in 2021.
Among them, the real estate business ranks second among the major FDI attraction sectors, with a total investment capital of nearly 2.7 billion USD; accounting for 30.3% of total registered investment capital.
“The above data shows that Vietnam is still considered to continue to be a safe and attractive investment destination for foreign investors as well as a good position to attract FDI into the real estate business. The representative of the Ministry of Construction emphasized.
Regarding the activities of businesses in the real estate sector, according to statistics from the Ministry of Planning and Investment, in the first 3 months of 2022, the number of newly established businesses in this field increased sharply compared to the same period in 2021 ( up 47.2%). The number of real estate businesses returning to operation is 845 (up 92.0% over the same period in 2021).
Notably, many real estate businesses are also aiming for optimistic plans to accelerate right from the first months of 2022, including speeding up projects and expanding land funds.
After a long period of calm due to the impact of the COVID-19 epidemics, the end of 2021 and the first three months of 2022, after most provinces and cities across the country returned to the "new normal", the market the real estate market has also gradually become active again; The number of customers searching and transacting is also increasing.
As of the end of April 2022, about 800 exchanges have returned to operation (compared to 400 exchanges in the fourth quarter of 2021). The exchanges have been proactive, flexible, changing business plans in terms of adapting and applying technology to information management, transaction management, payment, advertising, digital transformation in sales.
"In general, the real estate market in 2022 will have more positive signs and be screened through the COVID-19 epidemic," the Ministry of Construction said.
