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VIA news article VICTORIA, British Columbia – VICTORSVILLE, British Colombia – VIA News is reporting that some VCs have started investing in VC-backed Vietnamese realtors in anticipation of a possible wave of Vietnamese immigration to the U.S. in the next decade.
The company notes that VCs such as Zillow and Crowdrise are currently working to establish local realtives in the U, but the VCs could also be looking to expand their investments into the U.-Vietnam border.
According to VIA, the investment in Vietnamese property is part of a larger effort to bring more VCs to the region.
The report notes that Vietnamese investment is seen as an economic boon to the economy.
According the report, VCs were also the biggest investors in China and India.
VCs will be in the market for more Vietnamese investments as the global economy is expected to grow at a much slower rate than expected.VCs, VC firms, and their advisors will be working together to identify the best local real estate investors and their best strategies to help build a sustainable economy for Vietnamese citizens.VIA News will continue to update this story.