In the Retail sector, Ho Chi Minh City is once more the favoured location for investment but - as in previous years - it is unlikely that any significant cross-border capital would flow into the sector. The sector is growing significantly, however, with Cushman & Wakefield estimating that more than 600,000 square metres of new retail space will be developed by 2020, which is the equivalent of half of the city’s existing retail supply.In terms of Industrial/ Logistics investment, international capital moved into Vietnamese logistics and industrial in 2018, with privateequity players backing local developers. In 2019, this sector will remain extremely popular with investors in Asia Pacific real estate and key Viet Nam markets such as Ho Chi Minh City are expected to benefit as manufacturers move their industrial facilities into Viet Nam.