Vietnam’s largest city, Ho Chi Minh, has been named the world’s most improved city in JLL’s City Momentum Index, due to its rapidly expanding economy and commercial real estate market.
According to JLL’s latest study on City Momentum, high levels of foreign direct investment (FDI) and infrastructure spending have contributed to make Ho Chi Minh City the biggest upwards mover, ranking at number six overall out of 120 cities.
According to Jeremy Kelly, Director of Global Research at JLL, “Ho Chi Minh is certainly emerging as an important and growing economic centre in Asia. While it is starting from a low base, construction levels are high.”
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Accelerate investments in Asia
Asia real estate investment
Attractive destination for multinationals MNC
Cross-border investment
Dynamic rates of construction and absorption
Emerging Markets EM
Expanding commercial real estate market
Expanding economic acitivities
Foreign Direct Investment FDI
Ho Chi Minh City Vietnam
Infrastructure spending
Rising interest from foreign investors
Vietnam GDP growth