In comparing Vietnam to other markets for investors and residential developers, what are the appealing factors?
If as a foreign investor, financing directly into a resort development, the opportunity presents a good solid long term income—in the form of continual rental yield—certainly as the country enjoys all year round average temperature of 22˚C. Property investment funds are also developing rapidly as the big financial institutions pick up on the profitable market. All sales in Vietnam are in cash? This certainly is not the norm in overseas property investment but there have been many cases in Vietnam where the seller has been paid in gold! When dealing with off-plan or pre off-plan, where the property is not complete for 1-3 years, the payments are generally very easy stage payments or deposit followed by full payment on completion, which in most cases can be covered by a local mortgage. You mentioned in a press release that new laws were enacted in 2007 to curb soaring prices. Policy makers and economists are now pushing for the new legislation in a bid to avoid a market bubble and sustai
