Market Insights from CBRE's Hanoi Quarterly Report Q2/2012

HANOI ECONOMIC OVERVIEWReal GDP (y-o-y % change)12%10%8%6%4%2%0%2009 2010 2011 2012Source: Hanoi Statistics OfficeCPI (% m-o-m change)4%3%2%1%0%2010-1%2011 2012Source: Hanoi Statistics Office• Negative CPI growth in April & June ‘12: 0.03% &0.17% m-o-m (10-year record low); May: 0.16%• Group of ‘Housing - Construction Material’ 1.86% inJune ‘12• GDP growth in H1/2012: 7.6% y-o-y (Q1/12: 7.4%)• Industry & Construction sector 8.1%• Service sector 8.5%• International trade of H1/2012 activities:• Export turnover 7.2% y-o-y• Import turnover 8.6% y-o-y• Mainly from the groups supporting industrial manufacture(material, fuel & equipments)• FDI of the first half year of $450mil, 49.5% y-o-y• Newly registered projects had capital under US$1million & did not involve intensive land use.HIGHLIGHT7 CBRE RESEARCH & CONSULTING MARKET INSIGHTS FROM CBRE’s HANOI QUARTERLY REPORT | JULY 2012