Thứ hai 16/12/2019 01:47 24h qua English
Hotline: 094 540 6866

HCM City, Hanoi among most dynamic growing cities

14:45 | 17/01/2019

Ho Chi Minh City and Hanoi remained among the global Top 10 most dynamic growing cities in JLL’s Short-Term City Momentum Index (CMI) 2019, which tracks socio-economic and commercial real estate growth in 131 cities over a three-year period.


HCM City ranks eighth among the global Top 10 most dynamic growing cities in JLL’s Short-Term City Momentum Index (CMI) 2019. (Photo: congan.com.vn)

With Hanoi in third place and HCM City eighth, Vietnam was the strongest performer with two cities ranking the highest in ASEAN, said JLL.

In its report, JLL said that the two cities in Vietnam performed very well for socio-economic momentum, with fast-growing populations and economies.

"HCM City is generally viewed as the more business-friendly destination attracting more overseas investment along with a higher corporate presence, whereas Hanoi has lagged commercially but is a city that is swiftly evolving."

On the real estate front, Vietnam has "a small real estate investment market struggling with issues such as low transparency and a limited volume of investment grade stock," JLL added.

However, steps are being taken to improve transparency, such as enhanced access to the land registry, better valuation practices and increasing application of green building certification system, it said.

Two other ASEAN countries also made the top 20 list in JLL’s index. The Philippines was represented by Manila in 12th place and Thailand by Bangkok in 18th place.

According to JLL, the City Momentum Index looks at 20 indicators including recent percentage changes in city GDP, population, air passengers and corporate headquarters presence; projected percentage changes in GDP, population and retail sales; and recent levels of and changes in foreign direct investment, as a proportion of a city’s economy.

Other were recent and projected percentage changes in office net absorption, office rents, retail rents and hotel rooms; international retailer presence; and recent changes in direct commercial real estate investment volumes and real estate transparency.

VNA

Theo

Cùng chuyên mục
Xem thêm
  • city considers new vocational training direction for rural workers

    HCM CITY - The programme on vocational training for workers in rural areas should be modified amid changes caused by rapid urbanisation, the HCM City's Department of Labour, Invalids and Social Affairs has said.

    11:57 | 03/12/2019
  • condotel property market in urgent need of new regulations standards

    HCM CITY - A legal framework covering condotel properties is urgently needed to protect the rights of both developers and buyers and to ensure sustainable development.

    16:41 | 02/12/2019
  • oriental garden collection to open in hoi an

    Yaly Couture brand owner Trịnh Diễm Quỳnh and the South African designer Casper Bosman will present a fashion show, the Oriental Garden Collection, in the ancient town of Hội An on Saturday.

    19:07 | 30/11/2019
  • third vietbuild 2019 international exhibition in hanoi

    (Construction) - On the morning of November 27, Vietbuild Hanoi International Exhibition 2019 with the theme "Real estate, interior and exterior decoration, architecture and construction materials" officially opened at the National Exhibition Construction Center (NECC).

    17:46 | 28/11/2019
  • revised construction law project

    (Construction) - On November 27, explaining the opinions on the revised construction law project, Minister of Construction Pham Hong Ha said that it would adjust and supplement the Law project on the basis of acquisition. At the same time, the Minister proposed the Government and the National Assembly to supplement some contents in the revised law.

    17:44 | 28/11/2019
  • second vietnam real estate forum in 2019

    (Construction) - On November 27 in Hanoi, the Vietnam Real Estate Association (VNREA) in collaboration with VITV financial and economic television channel organized the 2nd Vietnam Real Estate Forum 2019.

    17:42 | 28/11/2019
  • deputy minister nguyen dinh toan inspects clean water plants in hanoi

    (Construction) - On November 26, following the direction of the Prime Minister and the inspection plan of the Ministry of Construction, Deputy Minister Nguyen Dinh Toan led an interdisciplinary mission to work with the City People's Committee and carry out checking the operation situation of some clean water plants in Hanoi.

    17:41 | 28/11/2019
  • deputy minister le quang hung receives cuban ambassador in vietnam

    (Construction) - On November 27, 2019, at the headquarter of the Ministry of Construction, Deputy Minister Le Quang Hung had a meeting with the Extraordinary and Plenipotentiary Ambassador of Cuba in Vietnam Lianys Torres Rivera on cooperation issues in the field of construction between Vietnam and Cuba.

    17:38 | 28/11/2019
  • hoa nhap online magazine launching new interface and english version

    (Construction) - On November 25, in Hanoi, Hoa Nhap Online Magazine solemnly organized the launch of a new interface and English version.

    22:13 | 26/11/2019
  • na permits govt to choose investor long thanh intl airport

    HCM CITY - The Government has the right to choose an investor for the Long Thành International Airport project in the southern province of Đồng Nai, according to the National Assembly (NA) Standing Committee.

    14:28 | 26/11/2019
...

Tin bài cuối cùng

Không còn dữ liệu để load