A year since the new law on housing and real estate in Vietnam came into effect, foreign investment inflows into the local property market are set to touch new highs this fiscal according market experts. While residential and industrial real estate sectors continue to receive a boost from the migration of foreign companies and individuals into Vietnam, riding on the several free trade pacts Vietnam has inked, investment in the hospitality segment tends to focus on coastal cities such as Danang, the third largest after Hanoi and Ho Chi Minh City.
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