![Is it time for REITs?](/mag/images/resized/images/stories/202211/propertiesvn_295_173.jpg)
Real Estate Investment Trusts (REIT) were established in Vietnam’s assets legal system in 2012. However, questions remain behind their unpopularity among investors in the domestic market.
Real estate investment has recently stalled as credit growth limits have reduced banks’ loan access. Meanwhile, the bond market saw a significant drop following the adoption of Government Decree No. 65 in 2022, which prescribes private placement and the trading of privately placed corporate bonds in the domestic market, as well as the offering of corporate bonds in the international market.