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Vietnam among best investment destinations for real estate in SE Asia

Vietnam's stable growth, export-oriented economy, and highly skilled workforce will keep the country as one of the best investment destinations for industrial real estate in Southeast Asia for the next decade. This was the projection of Kenny Gaw, president and co-founder of private equity firm Gaw Capital Partners. Vietnam, he added, has even become favoured by foreign investors moving out of China due to favourable incentives, competitive labour costs, stable political environment, positive economic outlook, and free-trade agreements. The establishment of new industrial zones and key industrial projects beginning operations early this year augur well for the sector. Economists, meanwhile, have expressed confidence that the Vietnamese economy will bounce back this year.

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