You are here

Vietnam's property market sees rapid turnaround

Apartment buildings under construction near the old residential area of Vinh Tuy village in Hanoi. Developers have halved their unsold inventory from US$6 billion at the peak of the crisis.


BROUGHT to its knees when its property market bubble burst four years ago, Vietnam is riding into another boom, with construction starting in Ho Chi Minh City on two of the world's tallest skyscrapers and buyers snapping up new projects fast.

The speed of the market's...