The stock market leads the rise in Asia, the real estate market blows up, and the foreign investment is crazy...
Vietnam, this humble neighboring country, is growing wildly at a speed that the whole world is amazed by.
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The amount of funds flowing into the Vietnamese stock market in January 2021 hit a new high since the beginning of 2020.
On a weekly basis, Vietnam is the only stock market in Asia where capital has continued to flow in the past four weeks.
The cumulative net outflow of funds in January reached 23.5 million U.S. dollars, and the net inflow of funds exceeded 100 million U.S. dollars.
Bullish! It is a portrayal of the Vietnamese stock market.
In December last year, the VN30 index, the main stock index in Vietnam, rose 8.1%. It had risen by 11.0% and reached the year's high of 1081.08 points. not only led the gains Asia has become the biggest dark horse in the global market.
In January 2021, the number of new accounts opened by domestic investors in Vietnam was 86,000, the highest since the launch of the stock market. And Chinese investors have long been excited about this nearby depression of value.
In their view, they missed the house, Moutai, and Bitcoin, but now they can’t miss the Vietnamese stocks.
Some people go to the Vietnamese stock market to buy the bottom, naturally some people are optimistic about the Vietnamese property market.
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Before July 2015, foreigners had no right to buy real estate in Vietnam. If a foreigner wants to buy land in Vietnam, he must marry a Vietnamese.
In the 2008 financial crisis, the property market in Vietnam suffered heavy losses and remained in a downturn for a long time.
The drag on the economy brought about by the fall in the real estate market is naturally an unbearable burden for the Vietnamese government. Given the limited consumption and investment in the country, The Vietnamese government has set its sights on foreign investors who have been eager to try.
So in July 2015, Vietnam promulgated a new "Housing Law", allowing foreigners to buy apartments. These policies soon attracted a large number of foreign investors, and the Vietnamese property market ushered in a blowout.
Take Ho Chi Minh City as an example. Before the implementation of the new measures, the housing price in the central area was 13,000 yuan/square meter. After only one year, it soared to 20,000 yuan/square meter. In 2018, it exceeded 30,000 yuan/square meter. In Hanoi, the capital, the house price was only 9,000 yuan/square meter in 2017, and rose to 16,000 yuan/square meter in 2018, and it was even as high as 40,000 yuan/square meter in prime locations.
Among this huge crowd of looting houses, more than half are foreign faces, and naturally, Chinese investors who have always been keen to buy houses are indispensable.
From Hanoi and Ho Chi Minh to the tourist cities of Da Nang and Nha Trang in Vietnam, Chinese investors swept the Vietnamese property market.
Throughout the past ten years, Vietnam’s housing prices have increased dozens of times, and Vietnam’s housing price-to-income ratio has increased to 26.6 times. In overseas real estate investment, the return on investment of high-rise apartments in Vietnam is still relatively high.
According to statistics from the global real estate brokerage firm Jones Lang LaSalle (JJL), in the first quarter of 2019, apartment prices in Ho Chi Minh City, Vietnam soared 22.7% year-on-year , to 2028 US dollars per square meter; the average price of apartments in the capital Hanoi also rose to 1407 US dollars per square meter during the same period, Increased by 6.8%.
Many Chinese buyers said frankly that the reason why they are optimistic about the Vietnamese property market is that the Vietnamese economy is the first to recover in Southeast Asia and has maintained a high growth rate; the second is that Among neighboring countries, Vietnam is most likely to replicate the legend of soaring housing prices in China’s urbanization process.
In their view, , high economic growth, young labor, urbanization, the next "world factory"...... these These are all reasons for optimistic expectations about the future growth of the real estate market in Vietnam.
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Vietnam is hot today. People look at it very much like China in the early stage of reform and opening up.
In the past two years, Vietnam has also changed its old low-key obscurity and hard work, and its ideas have become more and more bold.
On February 1, 2021, the 13th National Congress of the Communist Party of Vietnam was successfully concluded, and Nguyen Phu Trong was re-elected as General Secretary of the Central Committee of the Communist Party of Vietnam.
This meeting put forward Vietnam’s future development goals:
By the 50th anniversary of the liberation of the South in 2025, it will become a developing country whose industries are modernizing and surpassing low-middle income;
By the 100th anniversary of the founding of the Communist Party of Viet Nam in 2030, build Vietnam into a middle- to high-income developing country with modern industries;
By the 100th anniversary of Vietnam’s independence in 2045, Vietnam will be built into a high-income developed country and socialist modernization will be realized.
In 25 years, it has become a high-income developed country. Under this ambitious goal, combined with Vietnam’s economic growth in recent years, "Is Vietnam the next China?" "Will Vietnam surpass China? ?" Similar issues have been put on the agenda of public discussion.
According to data released by the National Bureau of Statistics of China, China's per capita GDP in 2020 will be about four times that of Vietnam.
China’s importance to Vietnam is self-evident, and Vietnam does not deny that it hopes to learn from China’s development experience.
Today, China is Vietnam’s largest import market and the second largest export market after the United States.
Relying on the advantage of geographical proximity to China, Vietnam has become the most important destination for China's labor-intensive industries to relocate; at the same time, China's huge market demand also provides the most important market for Vietnamese product exports.
There are value depressions waiting to be reclaimed, and there is unlimited room for wealth growth.Vietnam has become a fragrance in the eyes of people in the era of investment stock game Fortunately, as many people have longed for, here is a promising investment land.
Wherever the economic hope is, our footsteps will go there. For investment and property purchase in Vietnam, please consult Xingyunhai International for a private customized perfect solution! We witness the next miracle of wealth growth with you.
Source: World Wide Web, Observer Network, Comprehensive News; some pictures are from the Internet, and the copyright is owned by the original author
Editor: KIKI
Xingyunhai International
SING YUN
Real estate project in the city center of Hanoi, Vietnam
Project location Hanoi
Occupation area 40124m2
Project size 43 townhouses, 5 villas, 6 high-rise and office buildings
Project highlights
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? 2 hospitals, 4 Shopping malls, 7 schools
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