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Lack of standards a concern for booming Eco projects in Vietnam.
Friday, 26th February 2010
Source : HVS International
Eco-friendly real estate developments have been identified as the upcoming trend in Vietnam but experts have raised concerns about the lack of standards in regard to such developments.

According to the Ministry of Construction, it confirmed that there are no standards for eco-friendly projects as it is a relatively new concept.

These projects are typically priced higher and are being developed in coastal areas or adjacent to water bodies.

It was reported that investors see potential in these products as this market is considered to be relatively underdeveloped in Vietnam.

www.hvs.com
 

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