Four future trends of Vietnamese real estate after the Covid-19 epidemic investors need to know

According to Mr. Doan Van Binh - Vice Chairman of Vietnam Real Estate Association (VNREA), Chairman of CEO Group, Vietnam real estate market will recover strongly as the Pandemic is over. Four main trends will develop strongly include: Firstly, Covid-19 affected new ways of working with digital technology and online. Vietnamese real estate will also adapt to this trend (online sales, online services ...). Secondly, green and environmentally-friendly, real estate products such as individual houses (villas, townhouses, commercial townhouses, resort villas, farms...) will have the opportunity. Because customers pay attention to both safety while living, investing and having social space when needed. Third, although Covid-19 disrupts the global supply chain, Covid-19 will "fix" these faults and guide the wave of shifting production plants to Vietnam. Industrial and office real estate in Vietnam will grow, leading to the recovery of demand for housing and tourism real estate. Fourth, because it is a safe destination, Vietnam's resort real estate group will benefit and will recover quickly, firstly, based on domestic demand and then from Northeast Asian countries such as Japan, South Korea, and China.Sharing the same view with Mr. Binh, economist Vu Dinh Anh said that in general, the segments in the real estate market are very potential, with the world's 15th population, the demand for housing in Vietnam will only be increase. "Real estate demand in developing countries, fast aging population and high urbanization rate like Vietnam is still very large and is expected to continue to maintain for at least 15-25 years," said Dr. Vu Dinh Anh predicted. Another important "vaccine" helps the real estate market to maintain a stable "state" while many sectors are crippled by the pandemic, which is safety, sustainability and good profitability of real estate as a safe investment channel during the epidemic season. "The supply of real estate in Vietnam today is very diverse. Whether it is viewed as 'saving' or investment tools, real estate promises high profits, especially almost certainly real estate prices will continue to increase after the The pandemic passed and the economy recovered ". Vu Dinh Anh affirmed. Also according to Mr. Anh, the current difficult period is also a time for real estate investors to have experience, vision, and ability to "plunge" into seeking opportunities from "catching the bottom" of the market and enjoying the incentive incentives of investors.