Real estate sees strong interest from foreign, local investors

The real estate market in Vietnam has witnessed a burst of activity with interest from both foreign and local investors.
  • JLL: Vietnam's real estate to continue developing
  • Vietnam real estate in good shape for 2017
  • Quang Ninh – a magnet to real estate firms

In the last quarter of 2016, one of the contractors for Ho Chi Minh City’s first metro line, Maeda, partnered with Thien Duc, a local developer, to develop a US$30-million high-end residential project, Waterine Suites, according to Savills Vietnam.

The project is the first property investment by the Japan-based company after almost two decades in Vietnam.

In the hotel sector, the global private equity investment firm, Warburg Pincus, joined hands with VinaCapital to build a US$300-million hotel, aiming to become a leading hospitality platform in Vietnam and South East Asia.

Shortly after its foundation, the joint venture acquired a 50% stake in the Sofitel Legend Metropole Hanoi, a five-star hotel in the heart of the capital, from Vietnam Opportunity Fund under VinaCapital, for approximately US$100 million.

Meanwhile, Dubai-based real estate developer Limitless, an affiliate of the Dubai World holding group, resumed work on the US$550-million project Ha Long Star in northern Vietnam. The project features about 2,000 villas, townhouses and apartments along with retail outlets, leisure facilities and hotels in Ha Long, Quang Ninh province, one of the most popular tourist destinations in the country.

In central Vietnam, VinaCapital and its joint venture partners, Gold Yield Enterprises and Sun City Group, have begun construction of the US$4-billion project HOIANA, aiming to turn it into Vietnam’s largest integrated resort. The first phase of the project, scheduled for completion in early 2019, features a 685-room New World Hotel, 100-key Rosewood Residences and Resort, Championship Golf Course and the largest casino in Vietnam.

CBRE Vietnam announced the launch of the CBRE Hotels Vietnam team earlier this year that offers hotel market research, consulting, valuation and capital markets services to meet increasing demand from hotel investors, developers, financiers and others.

According to Savills Vietnam, Vietnam’s economy is a highlight in South East Asia and the country’s property market continues to show resilience, with consistent growth across different sectors despite the ups and downs of the global economy. 

Major real estate companies, especially local firms, are shifting their focus to low- to mid-end residential developments to attract more buyers, targeting the young workforce which accounts for the majority of the country’s population.

The trend is towards smaller units in locations with good accessibility, a full range of amenities, competitive pricing and favourable payment terms, the property services provider said.

This market movement will to help the real estate sector in Vietnam continue its sustainable growth trend moving forward.

VNA

Other News

A view of a container port in Singapore. (File photo: Xinhua/VNA)

Vietnam-Singapore trade cooperation gains fresh momentum

Analysts noted that Vietnam-Singapore ties are increasingly moving beyond traditional goods trade towards green growth, innovation and high-quality supply chains, laying a stronger foundation for more substantive and sustainable cooperation in the years ahead.

Vietnamese products make strong impression at Foodservice Australia 2026

Vietnamese products make strong impression at Foodservice Australia 2026

International visitors expressed positive impressions of Vietnamese products displayed at the fair. Nelma Sanjines, senior supervisor at ESP Catering in Sydney, praised the flavour of Vietnamese chilli sauce and soy sauce as well as the attractive packaging of confectionery products.

Digital technology helps standardise supply chains, sustain export competitiveness

Digital technology helps standardise supply chains, sustain export competitiveness

Experts noted that supply chain optimisation and risk management are no longer isolated tasks for individual companies but a requirement for the entire export ecosystem. With guidance from regulators, support from industry experts and their own efforts, Vietnamese exporters are expected to enhance their competitiveness and turn technical barriers and market volatility into opportunities for sustainable growth in global markets.

Vietnam seen as attractive investment destination for 2026–2035

Vietnam seen as attractive investment destination for 2026–2035

The article described Vietnam as strategically positioned along major regional maritime routes, including the East – West corridor linking the Americas, the Middle East, India and Europe, and the North – South corridor connecting China and Southeast Asia, helping make the country a gateway for international trade.

Eco-industrial parks seen as catalyst for higher-quality FDI

Eco-industrial parks seen as catalyst for higher-quality FDI

The eco-industrial park model will help Vietnam meet international environmental standards while creating opportunities to improve growth quality and economic competitiveness. Many multinational corporations now view green standards, emissions reduction and energy efficiency as key conditions when selecting investment destinations.

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Alongside exhibition activities, trade promotion, and business networking programs, the “Gwangju Global Food Fair 2026” also witnessed the signing ceremony of a Memorandum of Understanding (MOU) between the Vietnam–Korea Businessmen & Investment Association (VKBIA) and the Gwangju Tourism Organization of South Korea.

Hanoi proposes subsidies to accelerate shift to electric vehicles

Hanoi proposes subsidies to accelerate shift to electric vehicles

Under a draft resolution currently open for public feedback by the municipal People’s Committee, residents with permanent or temporary residence registration in Hanoi for at least two consecutive years, who own petrol-powered motorbikes registered before the resolution takes effect, will be eligible for support when purchasing electric motorbikes priced at 10 million VND or more.

Private economic sector poised for breakthrough growth

Private economic sector poised for breakthrough growth

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

Ministry establishes monitoring framework for carbon market

Ministry establishes monitoring framework for carbon market

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.