Ho Chi Minh City and Hanoi have been included in the Savills list of fastest-developing cities on the planet recently released by the commercial real estate brokerage firm. The southern metropolis ranks second, while the capital city, sixth, in the Growth Hubs Index, a companion to the Savills Resilient Cities Index. According to Savills, the Growth Hubs Index builds on the Resilient Cities Index by forecasting the economic aspects of 230 cities through to 2033 to identify the fastest-growing cities. The firm said Ho Chi Minh City’s strong forecast is driven by the largest increase in the number of high-income households, while Hanoi’s prospects are based on growing personal wealth and an expanding middle class.
Source: Vietnam News Agency