Economic and political reasons are major factors that make Vietnam a bright market. More investors are advised to switch their investment portfolio to Vietnam, the only country in Southeast Asia expected to post positive growth in 2020 amid the global devastating impacts caused by the Covid-19 pandemic. Vietnam considered a promising real estate market thanks to a number of reasons Vietnam has been listed one of promising real estate markets for foreign capital inflows thanks to fast economic growth, political stability, geographic location, improved investment in infrastructure, changes in global market landscape, and intensified investment in real estate. Economically and politically , Vietnam has participated in more global forums and engaged in different events of the region and the world. In addition, it has signed dozens of free trade agreements (FTA) that provide the country with significant advantages in terms of trade and investment. The latest trade agreement it signed is the Regional Comprehensive Economic Partnership (RCEP), the world's largest trade deal that covers one third of the world's gross domestic product (GDP). Among the FTAs, five trade deals have been inked within ASEAN, six have been signed between ASEAN and its partners including China, South Korea, Japan, India, Australia,… Read full this story
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