The housing sector is currently the most attractive area, with many investors from countries such as the US, Turkey, Spain, and Brunei having committed capital to this sector.

The Capital Region, including Hanoi and nine neighbouring provinces of Hai Duong, Hung Yen, Vinh Phuc, Bac Ninh, Ha Nam, Hoa Binh, Phu Tho, Bac Giang, and Thai Nguyen, is identified as a socio-economic development linkage area.

Located along the Dong Nai River, the 293-hectare Hiep Hoa Urban Area project in Bien Hoa city, Dong Nai province will feature a new urban complex with a low population density, modern infrastructure, and a harmony with nature. The development will also focus on sustainable tourism, offering a mix of residential areas, commercial-service housing for tourism, ecological villas, and public services.

Following a national campaign to do away with substandard homes, Can Tho plans to build 371 new houses and repair 160 others by April 30, with total funding of 27 billion VND (1.05 million USD).

In the 2024-2025 period, the province planned to replace 11,024 substandard houses. So far, it has built and repaired 7,531 houses.

Authorities of the Mekong Delta province of Bac Lieu have set a goal to replace makeshift and dilapidated homes for 1,760 poor households by 2025, heard a meeting of businesses on January 17.

The construction industry is estimated to expand at around 7.8- 8.2% this year, the highest rate since 2020, according to a Ministry of Construction report.

The central province of Quang Ngai has set a target to eliminate all temporary and dilapidated houses in 2025, said Standing Vice Chairman of the provincial People’s Committee Tran Hoang Tuan.

The real estate market in Ho Chi Minh City has witnessed positive changes over the past nine months.

While some real estate companies have paid large dividends to investors, many others in the sector still have to struggle to rotate capital sources to pay debts and reinvest.

Foreign investors poured a total of 2.4 billion USD into the real estate market of Vietnam in the first eight months of this year, five times the level over the same period last year, according to the latest updates from the General Statistics Office (GSO).

More than 17,100 apartments and land plots of real estate projects across the country remain on the market in the second quarter of this year, with land plots and houses doubling that of apartments, the Ministry of Construction (MoC) reported on August 14.

If prices in the real estate market increase by more than 20% for three months, ministries and branches managing the property market have to propose measures to regulate the market.

Thailand’s economic cabinet has directed the Finance Ministry and the Bank of Thailand (BoT) to expedite addressing household debt, particularly bad debts in housing, cars, motorcycles, credit cards and student loans as the economy has yet to see clear signs of recovery.

Real estate revenue in Ho Chi Minh City reached 124 trillion VND (4.9 billion USD) in the first half of the year, up 6.1% year-on-year, according to the HCM City Statistics Office.

The authorities of Hanoi have approved a plan to improve the lives of its residents across various levels by 2030.

Apartment absorption was relatively positive in Hanoi in the first quarter but weaker in Ho Chi Minh City compared to the same period last year while supply remains limited in both metropolises, reported real estate services and investment company CBRE.

Hanoi’s consumer price index (CPI) in 2023 is estimated to increase 2.04% year-on-year, according to the Hanoi Statistics Office.

A large-scale project to build at least one million social housing apartments for low-income people and industrial park workers before 2030 is underway. Current demand outstrips supply, causing some to press for faster action.

Vietnam’s consumer price index (CPI) rose 3.84% year-on-year in the first four months of this year, primarily due to higher prices for education, housing and construction materials, culture, entertainment and tourism, food, and electricity.