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Which sectors will post growth in 2021?
By Dat Nguyen December 14, 2020 | 02:59 pm GMT+7
Apartment and office buildings in Hanoi. Photo by Shutterstock/French Jessica Lee.
Housing, industrial real estate, seafood, power, and steel are the sectors expected to see growth next year as the economy recovers from the effects of Covid-19.
Demand for mid-priced apartments in Hanoi and Ho Chi Minh City due to a shortage will continue to drive the growth of the housing sector next year, financial services data provider FiinGroup said in a recent note.
Market leader Vinhomes, which accounts for two thirds of the sector’s profits, is likely to see revenues grow with the scheduled launch of three major projects in the two cities.