Dr. Can Van Luc Maps Vietnam Real Estate's Future at VWAS Forum
Dr. Can Van Luc, Chief Economist of BIDV, has shared his insights on Vietnam's real estate sector at the High-Level Forum 2025 of the Vietnam Financial Advisory Council (VWAS). Meanwhile, the US is grappling with rising unemployment and gold prices are soaring.
Dr. Luc, speaking at the forum, provided a detailed outlook for Vietnam's real estate sector. He highlighted key trends and opportunities, offering valuable insights for investors and stakeholders.
In the US, unemployment has been increasing steadily, with the rate climbing by around 0.1 percentage point each month over the past quarter. This trend is concerning, as job creation has been insufficient to maintain stability. The latest payroll data shows a mere 22,000 new jobs, a significant drop from previous months.
Gold prices in Vietnam have been stable at about $5,200 per tael, while internationally, bullion briefly touched the $3,800 per ounce mark. Global financial institutions predict gold could surpass the $4,000 threshold by mid-2026 if current risks persist. Central banks worldwide are boosting their net purchases of gold, further supporting its structural demand.
Dr. Luc's insights into Vietnam's real estate sector provide a roadmap for investors. In the US, rising unemployment and gold prices pose significant economic challenges. As gold remains an attractive hedging instrument, investors are turning to it for protection against global uncertainty and currency movements.
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