Vietnam's retail real estate draws major international interest


Big bounce: The exterior of a shopping centre in Hanoi. Vietnam’s retail scene has seen a strong resurgence following the Covid pandemic. — Bloomberg

HANOI: Vietnam’s retail real estate market is thriving in terms of scale and quality, with occupancy rates above 90% in major city shopping centres, according to a report from the Vietnam Association of Realtors (VARS).

The retail sector in Vietnam is a dynamic and resilient industry that has consistently experienced impressive growth rates for decades.

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