LOCAL PROPERTY MARKET TO RECOVER THIS YEAR

Local property experts have forecast that the domestic real estate market will recover this year.

Market demand and prices would likely to rise, according to economist Le Xuan Nghia.

Nghia said more finances would be made available by the banking system, thanks to stable development over the past three years.

Loans were an important financial source for the domestic real estate market, ensuring stable development of both the banking system and the real estate market, he said.

Nguyen Tran Nam, chairman of the Viet Nam Real Estate Association, was quoted by dantri.com.vn as saying that Viet Nam’s real estate market was in a good place to grow this year and beyond thanks to the strong development of the macro-economy.

As the 15th most populous country in the world and the third largest population in Southeast Asia, Viet Nam has the leading demand for housing in the region.

In addition, foreign direct investment (FDI) in real estate had increased sharply, Nam said.

Over the past decade, Viet Nam also focused on developing infrastructure with total investment accounting for about 10 per cent of GDP per year.

Nam said the property segment would post strong growth in the medium and long terms in tourism real estate, resorts and industrial real estate.

Nguyen Van Dinh, vice chairman of Viet Nam Real Estate Brokers Association (VARS), said that land was still the main draw for investors.

He said at present, housing supply was limited in Ha Noi and HCM City, with the main supply being middle and high-end housing.

For Ha Noi, housing supply would remain stable, with prices increasing 1-2 per cent.

In HCM City, supply would fall due to the limited number of new projects which could push prices up by 4-5 per cent.

Beside these advantages, the local market still faced many challenges, Nam said.

Administrative procedures to control licensing for new projects had been held up or even suspended for some projects.

Meanwhile, some real estate businesses had experienced difficulties accessing capital due to tightened lending requirements.

Another factor was the lack of information on the real estate market to ensure market transparency. In the domestic real estate market, lack of transparency had hindered investment from foreigners, he said.

Source: VIR

Related News

VIETNAM ECONOMY INVESTMENT

VIETNAM’S AGRO-FORESTRY-FISHERY EXPORTS JUMP NEARLY 30% IN JANUARY

Vietnam’s exports of agricultural, forestry and fishery products surged nearly 30% year-on-year in January 2026, driven by strong growth across major commodity groups and key export markets, according to the Ministry of Agriculture and Environment. Export turnover for the sector in January is estimated at nearly US$6.51 billion, up 29.5% from the same period last year, the ministry said at a regular press briefing on February 5.

Feb 09, 2026

VIETNAM MONTHLY STATISTICAL DATA

INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN JANUARY OF 2026

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

Feb 09, 2026

MEMBER CORNER / PROMOTIONS

PHUC VUONG DISTRIBUTES "TET REUNION" GIFTS: SENDING LOVE TO THE CONSTRUCTION SITES

On the afternoon of February 6th, amid the busy year-end atmosphere, Phuc Vuong Company organized the "Tet Reunion – Spring Connection" gift-giving event right at the construction site. This annual activity aims to honor the "dream builders" who have dedicated themselves to the company's growth. The General Director was present to personally express his sincere gratitude and hand over meaningful Tet gifts to the workers.

Feb 09, 2026

HOSPITALITY / TOURISM / ENTERTAINMENT

INTERNATIONAL ARRIVALS TO VIETNAM REACH NEW MONTHLY HIGH

International arrivals to Vietnam hit a new monthly record in January 2026, rising 21.4% from the previous month and 18.5% year-on-year, according to the National Statistics Office. Air travel continued to dominate, accounting for nearly 80% of all arrivals. Arrivals by land nearly doubled compared with the same period last year, while sea arrivals rose by about 30%, though they remained a small share.

Feb 09, 2026

PROPERTY / INDUSTRIAL ZONE

HCMC APPROVES 28 MORE LAND PLOTS FOR HOUSING DEVELOPMENTS

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.

Feb 09, 2026

VIETNAM ECONOMY INVESTMENT

VIETNAM SEES STEADY FDI DISBURSEMENT BUT SLOWER EXPANSION IN JANUARY

Foreign direct investment (FDI) disbursement in Vietnam rose in January, while newly registered capital fell sharply, pointing to stable project implementation but slower investment expansion. Data from the Ministry of Finance showed that January FDI disbursement increased 11.26% year-on-year to US$1.68 billion, reflecting continued execution and expansion of existing foreign-invested projects.

Feb 09, 2026