about vietnam
Vietnam is the world’s gateway to Indochina, rich with history, natural wonders and charming culture. With a bounty of heritage attractions, the country is a veritable paradise for both sun worshippers and cultural enthusiasts.
Counting five UNESCO World Heritage Sites throughout the country, Vietnam is dotted with cultural attractions and has maintained its historical appeal, preserving remnants from the Cham Kingdom, Imperial dynasties and French Colonial era. As Vietnam’s past has influenced its future, the country’s history-laden streets are afresh with the romantic charm and exotic allure that has captured the hearts and minds of generations of visitors.
In the past 20-years, since the economic reforms in the late 1980s, Vietnam has transformed into a vibrant society propelled by positive economic growth, compelling demographics and a buoyant consumer society. From Hanoi to Ho Chi Minh City, there’s a palpable energy in the streets, as the Vietnamese welcome modernity and usher in a new era of prosperity.
For the past several years, Vietnam has emerged as one of Southeast Asia’s greatest success stories for economic progress, posting the highest GDP growth throughout the region and rising levels of capital inflows. Based on a report from UK Trade & Investment and The Economist Intelligence Unit issued in late 2009, Vietnam is the number one emerging market investment destination following the BRICs (the fast-growing developing economies of Brazil, Russia, India, and China). The country’s political and cultural stability make Vietnam one of the safest countries in the world and the global investment community has responded by pouring record levels of Foreign Direct Investment into the country, particularly into the hospitality and real estate sectors.
Vietnam is also one of the world’s fastest growing tourism markets, based on recent increases in foreign arrivals. As the country develops as a top-tier leisure destination, investors have turned to Vietnam’s vacation-home property market as an attractive investment grade asset class. Through a series of recent reforms designed to ease regulations, the government has liberalized property ownership laws in favor of foreign interests, demonstrating a commitment to developing a globally competitive property sector.
