IQI Vietnam is gearing up to international service buyers on many potential projects at the beginning of March, after the border closure of two years. Vietnam is one of the fastest-growing economies globally, and Juwai IQI’s office in the country will help fill the demand from its global property investors.
Since March 2020, Vietnam has closed its borders and grounded international flights, allowing only citizens, foreign experts, investors, and highly-skilled workers to enter the country.
Vietnam officially reopens all international flights.
According to the news media, Vietnam’s officially resumed regular flights to all markets from Tuesday without restrictions on frequency in preparation for fully reopening inbound and outbound tourism.
For the first time after more than two years, the Civil Aviation Administration of Vietnam (CAAV) started ending restrictions on the frequency of international flights to and from all markets and has fully restarted international flights into the country.
Since Jan 1st, the Vietnam government allowed the resumption of regular commercial flights to and from Bangkok, Beijing or Guangzhou, Phnom Penh, San Francisco, Singapore, Seoul, Taipei, Tokyo, and Vientiane – with many more coming soon.
Vietnam, the ever-demanding spot for local and international property investment
Vietnam’s real estate market continues to be upbeat due to its strong economic growth, rapid urbanization and the development of several mega projects in major cities. Due to the intense demand, residential property prices are rising robustly – with a record of local and international investments in the last few years.
Nguyen Minh Thu, Vice President of IQI Vietnam, shared their thoughts on this;
“Upon the confirmed news from Vietnam government on the reopening border on Mar 15th, this is an extremely encouraging news for real estate industry in Vietnam as over the past two years, the demand for Vietnam property from foreigners remains very high, and the inventory is pending for these policies so that SPA can be signed and trade can happen as expected.
We are also hoping the Vietnam government continues to keep close monitoring upon arrival to maintain safety post-COVID 19 while facilitating the country’s economic growth.
At IQI Vietnam, we are ready to welcome as well as welcome back our international investors, Vietnamese living overseas, to have access and make strategic investments into our highly diversified and high yield property portfolio within Ho Chi Minh city as well as the outskirt, where the returns are at an all-time high.”
Calling all buyers, sellers or investors residing in Vietnam, ready to make the next purchase in Vietnam’s every growing hub for property investment?
Check out IQI Vietnam and their esteemed team to help you along the way!