Properties across Vietnamese cities are fast becoming a popular investment for both Hong Kong and Mainland Chinese investors.

Vietnam’s property market only opened up to foreign investors in 2015.

Since then, properties in both Ho Chi Minh City and Hanoi have experienced a flurry of interest from Hong Kong and Chinese buyers.

The return on rental properties in major Vietnamese cities currently sits at up to 2.5 per cent higher than investment properties in Hong Kong, Bangkok and Singapore.

According to the South China Morning Post newspaper, over 300 potential individual investors in Hong Kong attended a two-day seminar about investing in Vietnamese properties.

Low property prices and Vietnam’s fast growing economy and infrastructure networks make the country an attractive investment to more affluent Asian countries.

In central Ho Chi Minh city, luxury properties cost only a twentieth of Hong Kong properties per square metre.