Ho Chi Minh City and Hanoi remained among the global Top 10 most dynamic growing cities in JLL’s Short-Term City Momentum Index 2019, which tracks socio-economic and commercial real estate growth in 131 cities over a three-year period.
HCM City ranks eighth among the global Top 10 most dynamic growing cities in JLL’s Short-Term City Momentum Index (CMI) 2019. (Photo: congan.com.vn)
Hanoi (VNS/VNA) – Ho Chi Minh City and Hanoi remained among theglobal Top 10 most dynamic growing cities in JLL’s Short-Term City MomentumIndex (CMI) 2019, which tracks socio-economic and commercial real estate growthin 131 cities over a three-year period.
With Hanoi in third place and HCM City eighth, Vietnam was the strongestperformer with two cities ranking the highest in ASEAN, said JLL.
In its report, JLL said that the two cities in Vietnam performed very wellfor socio-economic momentum, with fast-growing populations and economies.
"HCM City is generally viewed as the more business-friendly destinationattracting more overseas investment along with a higher corporate presence,whereas Hanoi has lagged commercially but is a city that is swiftlyevolving."
On the real estate front, Vietnam has "a small real estate investmentmarket struggling with issues such as low transparency and a limited volume ofinvestment grade stock," JLL added.
However, steps are being taken to improve transparency, such as enhanced accessto the land registry, better valuation practices andincreasing application of green building certification system, it said.
Two other ASEAN countries also made the top 20 list in JLL’s index. ThePhilippines was represented by Manila in 12th place and Thailand by Bangkok in18th place.
According to JLL, the City Momentum Index looks at 20 indicators includingrecent percentage changes in city GDP, population, air passengers andcorporate headquarters presence; projected percentage changes in GDP,population and retail sales; and recent levels of and changes in foreign direct investment, asa proportion of a city’s economy.
Other were recent and projected percentage changes in office netabsorption, office rents, retail rents and hotel rooms; internationalretailer presence; and recent changes in direct commercial realestate investment volumes and real estate transparency.-VNS/VNA
The real estate market is expected to gain momentum in 2019 thanks to the heat from several billion-USD property projects that received investment certificates in previous years.
Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Construction to pay attention to the development of social housing projects and homes for low-income earners while enhancing urban management and creating favourable conditions for construction businesses.
Vietnam’s economic growth could reach 6.9 percent in 2019, an increase of 0.1 percent compared to the 2019 socio-economic development plan adopted by the National Assembly, in the context that Vietnam is benefiting from the US-China trade tension
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
HCM City ranks eighth among the global Top 10 most dynamic growing cities in JLL’s Short-Term City Momentum Index (CMI) 2019. (Photo: congan.com.vn) 
