Hai Phong property market likely to develop quickly


Hai Phong industrial zone. Rising FDI and investment projects in Hai Phong are likely to generate demand for affordable housing developments that cater to workers and professionals. — Vietnam News

HANOI: Hai Phong’s property market is expected to develop strongly with support from infrastructure development, higher foreign investment and economic growth, according to Savills.

In the first half of 2023, Hai Phong’s gross regional domestic product grew by 9.9% year-on-year, 6.2 percentage points higher than the national average.

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