GDP growth was 7.1% in 1H/2018, the highest 1H growth for the last seven years. Industry and construction were the main contributors, followed by the service sector.

Trade balance was positive with a surplus of US$2.7 billion due to strong export value of US$114 billion. The USA and EU remain the main export markets.

 Registered FDI was over US$20 billion in 1H/2018 with Japan being the largest contributor. Disbursed FDI reached US$8.4billion, up 8% YoY.

International visitors were robust with 7.9 million, up 27% YoY.

 1. RETAIL: RENT INCREASED ACROSS ALL SEGMENTS

Total stock was approximately 1.3 million m², up 0.6% quarter-on-quarter (QoQ) and 4.4% year on year (YoY) from the entry of the first shopping centre in Hoang Mai district providing 6,500 m².

 Average ground floor gross rent increased 8.6% QoQ and 9.8% YoY while occupancy was stable QoQ and up 7.1 ppts YoY. The shopping centre segment had the most improved performance.

For more information, click 11072018 – Savills Vietnam reports on Hanoi real estate market Q22018 and 11072018 – Savills Việt Nam báo cáo tình hình thị trường BĐS Hà Nội Q22018


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