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Vietnam: Vietnamese real estate draws Singapore investment
Vietnam: Vietnamese real estate draws Singapore investment
Tuesday, 9 August 2016 – Investment from Singapore into Vietnamese real estate is increasing with the presence of seasoned investors, according to Dau Tu (Investment) newspaper.
Consul General to the city Leow Siu Lin said Vietnam is one of the leading markets of Singapore . Many Singaporean property firms are successful in the Southeast Asian country, she added.
She cited the fact that seven Vietnam-Singapore industrial parks attracted over 8 billion USD in investment capital in 2015 and created more than 155,000 jobs.
Koh Chong Yu, Director of the Singapore Trade Development Board, said Singapore-based multinational companies in Singapore are eying Vietnamese real estate.
Kusto Home, for example, is developing and managing the Diamond Island project in HCM City , she noted. Read More?