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Vietnam's Real Estate just COLLAPSED! (goes Terribly WRONG)
Vietnam's Real Estate just COLLAPSED! Find out more in today's episode of Real Estate in Vietnam. Attorney Ken Duong shares in detail about what he thinks about the rapid decline of Vietnam's real estate market, from what to led to the real estate collapse to bank loans and current business climate in Vietnam. Learn about the reasons behind Vietnam's real estate collapsed and get Attorney Ken's take as a real estate investor who has been living in Vietnam more than 10 years. Finally, he will discuss whether you should invest in Vietnam and buy real estate this year as a foreigner.
00:00 Intro
01:36 Timeline of Vietnam's Real Estate Collapse
02:00 Real Estate Market Prices
02:50 What is happening?
03:36 First reason for Real Estate Collapse
04:35 Robert Walters' Survey
05:05 Second reason for Market Decline
06:47 Attorney Ken Duong's opinion
09:36 Consequences of Real Estate Market Drop in District 1, Ho Chi Minh City
10:37 Should you invest and buy real estate in Vietnam right now?
11:08 Prediction
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Robert Walter survey: https://www.surveymonkey.com/r/CV6SBS8
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Duong Global is an international acknowledged worldwide business consulting firm that provides business and legal services specializing in the U.S. – ASEAN multilateral trade relations. Our aim is to enhance corporate competency and performance through result-based solutions, effectively combining processes, people and systems, designed to match clients' individual requirements. Our unique set of business and legal services include International & U.S. Business Law, Immigration Law, Real Estate, Franchising, Marketing, Intellectual Property, and Entertainment.