Vietnam’s economic outlook is healthy: a six to seven per cent annual growth target till 2020, driven by foreign investment and a slew of free trade deals including the Trans-Pacific Partnership. Despite a new law in July that opened up Vietnam ’s housing market to foreign buyers , domestic investors will be the main beneficiaries from the country ’s huge opportunities in the housing market . Vietnam ’s unsold real estate market in 2014 for the whole country was worth $ 2.4bn , half what it was in early 2013 . However , average yields are still comparatively low , and the capital and equity internationally remains unclear , with some calling for guidelines from the State Bank of Vietnam . With the annual growth rate target a healthy 2 % till 2020 , the burgeoning middle class is helping to revive the country ’s housing market .
Despite a new law in July that opened up Vietnam ’s housing market to foreign buyers , domestic investors will be the main beneficiaries from the country ’s huge opportunities in the housing market . Vietnam ’s unsold real estate market in 2014 for the whole country was worth $ 2.4bn , half what it was in early 2013 . However , average yields are still comparatively low , and the capital and equity internationally remains unclear , with some calling for guidelines from the State Bank of Vietnam . With the annual growth rate target a healthy 2 % till 2020 , the burgeoning middle class is helping to revive the country ’s housing market .