Real estate retains potential in FDI attraction

FDI attraction into Vietnam’s real estate sector has seen positive results and inflows are expected to continue into the future.

Amid Covid-19, Vietnam still attracted $31.15 billion of FDI in 2021, up 9.2 per cent compared to 2020. Real estate brought in $2.6 billion, which confirmed the confidence of foreign investors in the sector, which has a lot of room for development. Total capital from the UK was more than $53 million, with 26 per cent going to real estate.

In terms of tourism real estate, major investors like the UK often focus on large-scale, synchronous, modern infrastructure projects with opportunities for long-term business. Vietnam, therefore, needs to improve its business and investment environment, build a favorable legal framework, diversify investment forms, supplement investment incentives, and offer greater support.

At the “Discover the most unique multidisciplinary ecosystem in Vietnam” forum, to be held within the framework of the “Vietnam Week in the United Kingdom”, organized by the FLC Group and Bamboo Airways in cooperation with the Vietnamese Embassy in the UK and taking place in London on March 30, UK investors will have the opportunity to access information on modern real estate projects and products in Vietnam along with investment opportunities in the field. The forum is also considered an opportunity for Vietnamese businesses such as the FLC Group and Bamboo Airways to approach the needs of UK investors and attract investment in Vietnam’s real estate sector.