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.
The residential market witnessed a peak in both transaction prices and volumes in 1H/2016, due to the cancellation of purchase restrictions. The western part of the city enjoyed the largest increase in transaction prices.