Vietnam’s Hottest Market Is Real Estate, Not Stocks

Wall Street Journals‘s Jame Hookway:

In a global survey of office-rental prices released in November, property consultancy CB Richard Ellis found that annual office rents in Ho Chi Minh City had risen 29% in the previous 12 months to $49 per square foot.

That compares with $53 per square foot in downtown Manhattan. It is double the $24 per square foot charged in Bangkok.