VGP – Ha Noi remained among the global Top 10 most dynamic growing cities in JLL’s Short-Term City Momentum Index (CMI) 2019.
The Philippines was represented by Manila in 12th place and Thailand by Bangkok in 18th place.
With Ha Noi in third place, Viet Nam was the strongest performer with two cities ranking the highest in ASEAN, said JLL.
In its report, JLL said that the Ha Noi in Viet Nam performed very well for socio-economic momentum, with fast-growing populations and economies.
According to JLL, other were recent and projected percentage changes in office net absorption, office rents, retail rents and hotel rooms; international retailer presence; and recent changes in direct commercial real estate investment volumes and real estate transparency.
The City Momentum Index looks at 20 indicators including recent percentage changes in city GDP, population, air passengers and corporate headquarters presence; projected percentage changes in GDP, population and retail sales; and recent levels of and changes in foreign direct investment, as a proportion of a city’s economy.
By Vien Nhu