Ho Chi Minh City named world’s 6th most dynamic city

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Ho Chi Minh City ranks sixth in a list of the most dynamic cities compiled by real estate consultancy firm Jones Lang LaSalle.
The Chicago-based company’s 2015 City Momentum Index put London at the top, above San Jose and Beijing.
This is the first time Ho Chi Minh City has made it to the top 20 of the index, which assesses 120 cities around the world on real estate and socio-economic factors.
Director of Global Research Jeremy Kelly said the index identifies which of the global cities change the fastest.
“By widening our lens to combine real estate dynamics such as investment, property prices and construction with socio-economic factors, we can better understand the drivers of city success by examining signals of change over the years,” Kelly said.
He said the rankings, however, do not identify the hottest investment markets.
“We have seen the technology industry driving cities’ real estate markets year over year, but other trends, ranging from environment to education, impacted the pace of change, resulting in a shuffle of cities’ positions,” Kelly said.
As Vietnam’s economic hub, Ho Chi Minh City contributes to about 20 percent to the country’s total gross domestic product.
Source : Thanh Nien Daily | February 3, 2015
Thomas D’Innocenzi
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About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. thomas@novaadvisors.com In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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