Vietnam- Next Powerhouse in Southeast Asia?

Vietnam- Next Powerhouse in Southeast Asia??

I recently attended a meeting in Nha Trang, Vietnam. Totally suprised with the cleaniness of the city and was rather impressed with the developement in Vietnam.



Balcony view from my hotel room

 Nha Trang is 1, 280 km from Hanoi, 448 km from Ho Chi Minh City, 630 km from Hue, 105 km from Phan Rang, 260 km from Phan Thiet, and 620 km from Can Tho.


Nha Trang is home to many famous beautiful spots and landscapes and is a major tourist center in the country. I saw a lot tourists during my stay in Nha Trang and I think that the city is very well managed by the local council there!

I think Vietnam has a great potential to grow in near future as China and India. They have huge market for local people as compared to Singapore and Malaysia. However, I am not very sure how to invest in Vietnam and certainly will be interested to buy a piece of property in future if I have extra cash!!

Langkawi Visit and Investment

Langkawi Visit and Investment

I attended a medical meeting this weekend at Langkawi, Malaysia. I was impressed with the development at the jetty there + a few new interesting tourists’ spots such as Cable Car, Dataran Helang etc. I learned from the guide that the price of a piece of land at Langkawi has increased tremendously for the past few years due to the emergence of Langkawi as a popular place for tourists from various countires.

I still remember that when I was a medical student many years ago ( about 8 years ago), there were not so many tourists there and apartments and condominiums were cheap at that time, I really regret that I did not take any afford to buy any property then.

As a successful investor especially in property, you must have the quality to foresee future development, a lot of people out there like to be followers rather than pioneers. If you want to make a big profit in property, although financial planners always tell you that you have to find hot, hot and hot spots, I think this can be unpractical in some circumstances because properties at hot spots are so expensive and you have to wait for another economic downturn before you can afford to buy. However, if you have the quality to foresee future development, you may get some cheap properties that can turn to millions of dollars in assets in 5 to 10 years time!