Real estate strongly attracts FDI capital, newly established enterprises also increase
In the first quarter, real estate ranked second in attracting FDI capital to Vietnam, with total newly granted and increased capital of 202.93 million USD, accounting for 11% of total investment capital.
Figures recently released by the Department of Business Registration Management (under the Ministry of Planning and Investment) show that in the first quarter of this year, the number of newly registered businesses in the real estate business sector ranked second in the country, with an increase of 48.5% over the same period last year.
According to the Foreign Investment Agency, in this quarter, the real estate business sector continued to rank second in attracting FDI capital into Vietnam, with a total newly registered and increased investment capital of 202.93 million USD, accounting for 11% of total investment capital.
And the latest updated figures from the Ministry of Construction also show positive signals from the real estate market when in Hanoi in March there were about 1,500 successful transactions, an increase of 25% compared to February. In the first quarter of 2015 there were 4,250 successful transactions, nearly 3 times the number of successful transactions in the first quarter of 2014. In Ho Chi Minh City, in March there were about 1,400 successful transactions, an increase of nearly 30% compared to the previous month. In general, in the first quarter of 2015 there were about 3,950 successful transactions, 3 times the number of successful transactions compared to the same period last year./.
According to VOV