For much of the past two years, Vietnam’s real estate market has been among the most visible signs of
the economy’s expansion. Residential property sales have been robust, construction of condominiums
and office towers are underway in the major cities, and industrial parks are rising on their outskirts. It
does indeed appear that real estate has recovered from the bubble that burst in 2008. The sector is
fundamentally stronger thanks to the numerous reforms enacted over the past few years, and 2015 saw
a remarkable level of activity particularly in the residential sector.