Vietnam is riding into another boom, just four years after being brought to its knees when the country’s property market bubble burst.
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Labourers work at the construction site of an apartment building in Hanoi. Successful property transactions in Vietnam have doubled from a year ago. Kham / Reuters -
Apartment blocks under construction are seen near the Red River in Hanoi. Developers have halved their unsold inventory from $6 billion at the peak of the crisis at the start of 2013. Kham / Reuters -
Labourers work at the construction site of an apartment building in Hanoi. Vietnam has eased restrictions on buyers from overseas. Kham / Reuters -
An apartment building under construction is surrounded by older residential houses in Hanoi. Kham / Reuters -
An aerial view of construction sites of new apartments in Hanoi. Units launched in Hanoi in the first half of this year were 91 per cent up on the same period in 2014 and were 174 per cent up in Ho Chi Minh City. Kham / Reuters -
Above, a construction site for new apartments in Hanoi. An average high-end apartment now fetches $1,600 in the capital. Kham / Reuters -
Workers of a state-owned bridge building company at a construction site of a bridge in Hanoi. Kham / Reuters -
Water storage tanks are seen on top of old condominiums in Hanoi. Kham / Reuters -
People drive past the new urban area Trung Hoa Nhan Chinh in Hanoi. Kham / Reuters -
Labourers work at the construction site of an apartment building in Hanoi. Successful property transactions in Vietnam have doubled from a year ago. Kham / Reuters
Vietnam’s property market rides into another boom – in pictures
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