The local property market will be a bit quiet from now until this year end (Photo: VNA)
Hanoi (VNS/VNA) – Local property experts have forecast that thedomestic real estate market will recover this year.
Market demand and prices would likely to rise, according to economist Le XuanNghia.
Nghia said more finances would be made available by the banking system, thanksto 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 estatemarket, he said.
Nguyen Tran Nam, Chairman of the Vietnam Real Estate Association, was quotedby dantri.com.vn as saying that Vietnam’s real estate market was in agood place to grow this year and beyond thanks to the strong development of themacro-economy.
As the 15th most populous country in the world and the third largest populationin Southeast Asia, Vietnam has the leading demand for housing in the region.
In addition, foreign direct investment (FDI) in real estate had increasedsharply, Nam said.
Over the past decade, Vietnam also focused on developing infrastructure withtotal investment accounting for about 10 percent of GDP per year.
Nam said the property segment would post strong growth in the medium and longterms in tourism real estate, resorts and industrial real estate.
Nguyen Van Dinh, Vice Chairman of the Vietnam Real Estate Brokers Association(VARS), said that land was still the main draw for investors.
He said at present, housing supply was limited in Hanoi and HCM City, with themain supply being middle and high-end housing.
For Hanoi, housing supply would remain stable, with prices increasing 1-2 percent.
In HCM City, supply would fall due to the limited number of new projects which couldpush prices up by 4-5 percent.
Beside these advantages, the local market still faced many challenges, Namsaid.
Administrative procedures to control licensing for new projects had been heldup or even suspended for some projects.
Meanwhile, some real estate businesses had experienced difficulties accessingcapital due to tightened lending requirements.
Another factor was the lack of information on the real estate market to ensuremarket transparency. In the domestic real estate market, lack of transparencyhad hindered investment from foreigners, he said./.
Vietnam’s tourism real estate market has the potential for strong development, but utilities and services are needed to attract investors, heard a seminar organised by the Vietnam Real Estate Association (VNREA) this week.
Vietnam's real estate market will not be short of capital next year but will still face many challenges from policies and administrative procedures, experts said at the annual Vietnam Real Estate Forum.
The real estate market of Hanoi saw high demand for Grade A apartments for rent and sale in the third quarter, according to Savill Vietnam’s quarterly report on Hanoi's property market.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The local property market will be a bit quiet from now until this year end (Photo: VNA) 
