Ho Chi Minh City report: The opportunity lies in building homes
Vietnam is one of the fastest growing countries in Southeast Asia. The strong economic growth is a result of favourable demographics, continued urbanization, industrialization and higher employment in the services sector and a rising middle class.
On the back of stimulation policies by the government, followed by the loosening of housing loans and cutting of interest rates five times this year, Beijing’s mass-residential market remained positive in the last quarter of 2015.