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 international consultant with extensive experience in global sourcing and business development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global marketing and sourcing operations. He has extensive experience in international business development to accommodate rapid growth. Skilled in building top-performing teams, bench-marking performance, and developing organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. Tom founded Nova Advisors with the mission of providing expert Global Business Development consulting services for companies seeking to expand their market share as an independent consultant. Tom has a network of experts and advisors throughout the Asia-Pacific region and North America. His expertise includes business development, global sourcing, manufacturing, commodities, logistics, QA/QC, FDA, regulatory compliance, sustainability, and supply chain optimization. Tom is experienced in the medical device, apparel, consumer goods and technology services verticals helping companies advance their global sourcing capabilities and develop new markets through a local and sustained approach. Located in SE Asia and the United States, Tom expands market reach to drive sales. His global sourcing strategy includes directly negotiating with commodity suppliers, supply chain networks and distributors for optimal terms based on his expertise and first-hand knowledge of the players. Contact Tom to use his consulting service to increase your global market and make global sourcing profitable for you in the Asia Pacific Region and the United States. http://www.NovaAdvisors.com thomas@NovaAdvisors.com USA Direct: +1.904.479.3600 SINGAPORE: +65.6818.6396 THAILAND: +662.207.9269
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