Besides being considered the sector of choice for investors in Vietnam, property remains the safest and most effective investment channel.

Office markets in Vietnam’s major cities are promising segments for foreign investors.

A higher tax rate for land use proposed by Hanoi's authorities would naturally reduce speculation and hoarding of land resources, in turn ensuring the healthy development of the real estate market.

Experts remain optimistic about the future prospect once the pandemic is fully contained in Vietnam.

A cross-functional team will be set up to work on improving the prospects of the local real estate market.