Michael Piro, COO of Indochina Capital How do you see the real estate market in Vietnam shaping up as of late? Overall, the market is in fairly good health, considering it has had a relatively strong run. We have seen most sectors grow, especially with strong demand in the apartment market. Apart from that, we have seen the hospitality and retail segments maintain their relatively good performance over the last few quarters. The market is in much better shape compared to 10-12 years ago, when times were difficult for developers. Now, we see more stable growth in the market based on a fundamentally strong economy, growing foreign direct investment (FDI), inflation that is seemingly under control, and a relatively stable currency. Vietnam is one of the fastest-rising economies in the whole world, and many foreigners have either already picked up on that fact or have begun to. The market is full of potential and I am really interested in finding out where it can go. What have … [Read more...] about Excitement rises in Vietnam’s real estate
Whats real estate
Peter Ryder, CEO of Indochina Capital It is passé now to say that the US-North Korea summit between US President Donald Trump and North Korean Chairman Kim Jong Un in Hanoi has elevated Vietnam’s international profile. Raise it, it has, to the point now that possibly more media attention has been paid to Vietnam in the context of (1) why Vietnam was chosen to host this world critical tête-a-tête, (2) what impact the summit will have on Vietnam’s economy and geo-political standing going forward and (3) will Vietnam become the model of successful economic reform for North Korea, than for the rendezvous itself between President Trump and Chairman Kim. Many observers have commented that previously even major geo-political events that involved Vietnam were held elsewhere, pointing to the 1954 Geneva peace conference and the Paris peace talks of the late 60s and early 70s. And yet look where we are today, with Vietnam hosting arguably the most significant global … [Read more...] about US-North Korea summit raises international role of Vietnam
Happy Birthday to our dearest VIR! 28 years of deep and dynamic journalism Luc Mandret - General manager MSLGROUP Vietnam VIR is a very trusting partner for MSL, as one of Vietnam’s top tier business media outlets. We are thrilled to partner with VIR for the quality of the holistic understanding of the business, with the most updated economic news, and insightful in-depth articles. VIR is an essential reading for business leaders, investors, and decision-makers in Vietnam. And for MSL as a communication agency, we really appreciate highlighting our clients’ prospective and financial news. It’s always a pleasure to work with VIR journalists: they are proactive, knowledgeable, and reliable in reporting accurate news and analysis. For us, VIR has been one of our key media partners. We highly appreciate the hard-working and dedicated reporters from VIR, who have supported us in many events and business stories for our clients in diverse sectors such as … [Read more...] about Happy Birthday to our dearest VIR!