Property

Regarding foreign ownership, strategic investors are permitted to transfer housing to foreign organizations and individuals, capped at 50% of the total apartments in a single building.

The Lien Chieu port expected to have a designed capacity of about 5.7 million TEUs per year, equivalent to roughly 74 million tons of cargo annually.

In the commercial sector, Hanoi's retail market is expected to add 300,771 sq.m of floor space from 11 projects by 2026.

Total investment capital estimated at VND1.7 trillion (around $67 million).

Real estate consultants agree that changes in the industrial land market indicate that Vietnam is moving to a higher level of production.

The plan aiming to develop the northern port city into a modern, smart coastal metropolis with international competitiveness and sustainable growth.