Ho Chi Minh City ranks second and Hanoi, sixth, in the Savills list of fastest-developing cities on the planet recently released by the commercial real estate brokerage firm.

According to Vietnam Market Report 2023 recently published by Savills Vietnam, in the period 2016-2022, the export value of electronic products increased by 193%, phones increased by 68%, and machinery increased by 336%.

Vietnam News Today (Aug. 16): More than 251 million doses of Covid-19 vaccines administered in Vietnam; HCM City ready to reactivate Covid-19 treatment hospitals; Vietnam Airlines opens ticket sales for upcoming Tet Holiday; Demand for logistics real estate increases sharply: Savills Vietnam.

Savills Vietnam said that Hanoi apartment supply is expected to supply in the second half of 2020 to meet higher demand in this segment.