Vietnam’s resort real estate introduced to Japanese investors
Vietnam’s resort real estate market has strong potential to develop, Japanese investors remarked at an event held by the property developer FLC Group in Tokyo on September 7.
Ha Long Bay - a must-see destination in Vietnam (Photo: VNA)
Tokyo (VNA) – Vietnam’s resort realestate market has strong potential to develop, Japanese investors remarked atan event held by the property developer FLC Group in Tokyo on September 7.
Director General of the FLC Group Le Thanh Vinhsaid with more than 3,200 km of coastline, world-famous bays and uniquehistorical and cultural values, Vietnam has become one of the most populardestinations in Southeast Asia.
As the second biggest foreign investor and thefourth largest trade partner of Vietnam, Japan is well positioned to invest inthe resort real estate market in Vietnam, he said.
He hoped this event will attract more Japaneseinvestors to Vietnam’s real estate, finance, construction, technology,agriculture and healthcare markets.
Vietnamese Ambassador to Japan Nguyen Quoc Cuongcalled on Japanese businesses to link up with Vietnamese partners through theirinvestment projects in the Southeast Asian country.
Former Japanese Ambassador to Vietnam NorioHattori said Vietnam has a stable political system and advantages in humanresources along with a young population and close ties with Japan.
Among ASEAN member nations, Vietnam is Japan’smost efficient business and investment partner, he affirmed.-VNA
Foreign direct investment (FDI) in the real estate market hit nearly 52.7 billion USD as of May this year, with 65 percent of which or 40 billion USD being poured into resort projects.
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Ha Long Bay - a must-see destination in Vietnam (Photo: VNA)
