30-12-2020Mr. Bui Quang Anh Vu, General Director of Phat Dat Real Estate Development Corporation, said that 2021 would have many challenges, including a large amount of money pumped into the economy in a short time that posed the problem of controlling inflation. People and investors would "dodge" inflation by putting money into property. The opportunity for Vietnam was in controlling the epidemic and developing the industrial real estate market based on the advantage of trade war, leading to the relocation of production from China. He hoped that the national economy in the following year would have many spurts to develop, this was also the opening year for the following 10-year period.
The market in 2021 has many opportunities and challenges. Photo: Tuan Nguyen.
Regarding the shift of real estate enterprises to the suburbs, CEO Phat Dat said that this flexible strategy was applied in difficult times. That was also the reason why Phat Dat was successful in developing in Quy Nhon and Binh Dinh markets. Because in addition to developing infrastructure, this place also successfully developed in terms of both economy and tourism. "During this period, Phat Dat has to set goals for further development and attack but not defense," Vu said.
Mr. Nguyen The Nhien, Deputy General Director of Hung Thinh Land, shared the same viewpoint that the current macro situation was a great opportunity for development that could not be ignored. His company took advantage of this opportunity. For the past year, 10,000 products were sold, enterprises also spent more than tens of trillions Vietnam dong to M&A of other projects. Therefore, the past time was considered a great opportunity for enterprises to have a more stable foundation and growth.
He acknowledged that Hung Thinh was one of the first enterprises that had to be flexible in other places to develop their staff and maintain their business activities. The well-developed infrastructure for recent years was a premise for enterprises to expand their operating areas, such as Lam Dong, Binh Dinh, Quy Nhon...
Mr. Nguyen Thanh Quyen, General Director of Thang Loi Group, said that 2021 was the year with full of challenges but also many opportunities. Challenges in customer's taste, demand and supply, demand stimulus policies from the government, price competition were encountered but it would be an opportunity for business owners who were kind and put their whole hearts into each product. With policies to attract investment, policies to move people to the satellite urban area of Ho Chi Minh City and infrastructure to be developed in parallel, the opportunities for suburban cities were huge. In particular, the inner city of Ho Chi Minh City was currently in short supply, the land fund was not much left, "playground" in 2021 was still very exciting and attracted enterprises and investors in the real estate industry.
For the construction sector, Mr. Le Viet Hai, Chairman of the Board of Directors of Hoa Binh Construction Group, said that in the following year, there would be much prosperity from many visible factors. First of all, the wave of foreign investment in industrial parks (IPs) growed, land rental prices increased, more tenants were available and many projects were implemented. The State was also gradually having many policies to remove difficulties in legal procedures for project investment, most recently the regulation on 10 types of works that did not require construction permit. People's demand for housing was also forecasted to increase along with the rapid urbanization process, especially in major cities.
Mr. Hai emphasized that another special thing was that the State was promoting public investment, many projects were invested, creating a driving force for economic development... The time when the construction industry could recover was from mid-2021 onwards when the above factors could be combined and the epidemic was under control.
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