The Vietnamese car industry is facing a significant downturn in sales and high inventory levels, despite government efforts to provide support through tax and fee reductions, according to auto experts.
The industrial real estate market, particularly in the southern region, held steady in the first months of this year, which experts said was mainly thanks to rebounding imports and exports, and increasing influx of foreign investment.
The rapid price increase in apartments in Hanoi and Ho Chi Minh City in the first four months of the year has left experts warning of a real estate bubble in the near future.