Business News

HCMC has approved 28 out of 30 proposed land plots for pilot housing developments, covering a combined area of more than 750,600 square meters, according to a newly adopted resolution. The approved sites are spread across multiple wards and communes, with a strong concentration in the city’s southern and eastern areas.

A clearer and more comprehensive legal framework is expected to unlock Việt Nam’s real estate market this year, as regulators, experts and businesses point to a shift towards stability and real value after a prolonged period of adjustment. That was the shared view at a seminar on the outlook for the real estate market organised by Tiền Phong (Vanguard) newspaper in Hà Nội on Saturday, which brought together policymakers, analysts, developers and investors at a time when the market is emerging from one of its deepest downturns.

Revenue from Hanoi City’s high-tech parks and industrial zones is expected to reach about US$12.14 billion in 2025, reported the Vietnam News Agency. Budget contributions are projected at US$450 million, while exports are forecast at US$7.42 billion. The figures were announced at a dialogue conference held at the National Innovation Center in the Hoa Lac High-Tech Park on December 24. 

According to Associate Professor Trần Đình Thiên, a member of the Prime Minister's Policy Advisory Council and former Director of the Vietnam Economic Institute, HCM City is emerging as a concentration point for essential market resources - from finance and trade to high-quality human capital. As these strengths converge, the value of land and surrounding real estate will naturally rise, driven by market dynamics.

Việt Nam’s real estate market is undergoing a pivotal transition, shaped by three major structural changes – the administrative boundary mergers, the rollout of large-scale infrastructure projects, and the implementation of the amended Land Law 2025, which will take effect in early next year. The Government’s decision to merge certain provinces and cities is expected to necessitate adjustments to all existing master plans while streamlining project approval procedures.

The third quarter of 2025 marked a remarkable resurgence for several prominent real estate companies, as they reported substantial increases in both revenue and profit. This wave of financial success is seen as a positive indicator of the market's recovery after an extended period of stagnation. Key players such as Becamex IJC, Sunshine Group, and Hodeco have all shown impressive financial results.

Since early this year, a growing number of investors from Europe, the US and Japan have been touring southern Việt Nam to seek potential investment locations. While land costs and location were once the main concerns, sustainability has now become a decisive factor, including renewable energy use, integrated services, and environmentally friendly living spaces.

Việt Nam’s property market continues to show resilience amid economic volatility, with major cities remaining bright spots. According to property technology platform Batdongsan.com.vn, Hà Nội, HCM City, Hải Phòng, and Đà Nẵng have demonstrated strong appeal, recording strong price growth throughout the 2021–25 cycle.