Colliers International is a real estate organization with franchises in pretty much every continent on the globe . Since 1996 it ’ s been firmly established in Vietnam , where thanks to the recent easing up of property legislation , it ’ s become a more attractive time than ever to invest

Out of Vietnam ’ s population of 95 million , 65 percent are under 30 , most of whom are well educated and have a high level of computer literacy . Thanks to this Vietnam boasts one of the fastest growing economies in south east Asia .

In 2015 three substantial revisions were made to property laws , which dramatically opened up the market to investors from other countries .

Before this it wasn ’ t possible for foreign-owned enterprises to own 100 percent of a company without a joint venture partner , whereas now they can purchase assets and have total control of the equity . This new legislation has also made it possible for foreigners to purchase residential properties without having to do it via power of attorney or setting up a company first .

42 July 2017

Construction Magazine July 2017 | Page 42

Colliers International is a real estate organization with franchises in pretty much every continent on the globe . Since 1996 it ’ s been firmly established in Vietnam , where thanks to the recent easing up of property legislation , it ’ s become a more attractive time than ever to invest

Out of Vietnam ’ s population of 95 million , 65 percent are under 30 , most of whom are well educated and have a high level of computer literacy . Thanks to this Vietnam boasts one of the fastest growing economies in south east Asia .