Real estate developers interested in emerging markets
There is a trend of real estate developers moving their investments from big cities of Hanoi and Ho Chi Minh City to other localities, experts have said.
FLC Grand Hotel Quy Nhon in Binh Dinh province (Photo courtesy to FLC Group)
Hanoi (VNS/VNA) -🦋 There is a trend of real estate developers moving theirinvestments from big cities of Hanoi and Ho Chi Minh City to other localities,experts have said.
Speakingat a conference on property in 2021 and the rise of new markets held in thecentral province of Binh Dinh on September 26, Nguyen Van Dinh,deputy general secretary of the Vietnam RealEstate Association (VNREA) said a wave of investment in real estate projects inprovinces has become more intense in the past few years. Inthe past, big cities were considered “golden land” and the first choicefor big real estate developers. Now, more and more businesses areturning to invest and explore new lands. Thereason is that property products in the cities, such as villas and resorts, areincreasingly scarce. Property markets in the two cities are lacking landfunds, with few products for investment. “Asfor apartment products, Hanoi is not profitable because the apartment pricehas reached its peak. Currently, buyers mainly have demand for accommodation,not for business,” Dinhsaid. InHCM City, in the past two years, there have been no new projects completed.Apartment prices have been increasing sharply at an average of 5-7 percent,even 10 percent in some areas. In essence, investors will pour money into a marketwith good profitability and low prices. “Thiswas why new markets see strong economic development, including advantagesin industrial development and the tourism sector. Excluding areas thathave developed tourism real estate, such as Da Nang, NhaTrang and Quang Ninh, the new markets forthe tourism industry are the localities that in recent years have takenadvantage of beautiful landscapes and good natural conditions, such asThanh Hoa, Nghe An, Quang Binh and Binh Dinh. We agree that these are the addressesthat see new markets,” he added. Forthese new markets, he said there were many advantages such as open policies,attracting many investors to pour money into industrial development projects,infrastructure and tourism. Nguyen Quoc Anh, Deputy General Director of Batdongsan.com.vn said the statisticshave reflected the trend of more interest from investors in new markets. Earlier,the real estate information searches mainly focused on Hanoi and HCM City. However, in the past twoyears, searches in other markets have started to increase significantly. Forexample, in Quy Nhon (Binh Dinh), the number of searches from the secondquarter of 2020 compared to the previous quarter increased by 30 percent. Tran Du Lich, a member of Prime Minister Nguyen Xuan Phuc Economic Advisory Council, said there aretwo reasons for the move, because localities like Binh Dinh, Thanh Hoa and Quang Binh are developing quickly. “Majorreal estate projects have opened up opportunities for many investors. Thisshowed that the emerging market can not rise without pioneering projects andinvestors,” Lich said. Headded that Binh Dinh province, for example, has paidattention to transport infrastructure in recent years, thus becoming animportant factor in attracting investment in the property sector. Nguyen Tuan Thanh, vice chairman of the People’sCommittee of Binh Dinh province, said they have been active inplanning to attract investments in many sectors, including real estate. “We also focus on investing in connecting andbuilding infrastructure. In the past 10 years, Binh Dinh has invested in infrastructure,including airports that are welcoming 10 flights a day for both domestic andforeign tourists, along with a seaport, North-South railway and roads,” hesaid. Thevice chairman said the locality has opened a number of coastal roads connectingQuy Nhon with other localities tocontribute to development of urban infrastructure and tourism. Binh Dinh has attached great importance to urbanand ecological environment development.
Improvingthe lives and quality of life for people is one of the reasons why the province is luring investment fromdevelopers./.
Analysts from real estate consultants Savills Vietnam have advised investors to focus more on new urban areas in Hanoi, especially those with convenient infrastructure networks.
Real estate companies have said that they will push marketing channels on social media and e-commerce floors instead of calling or sending text messages as a Government decree to tackle spam comes into effect next month.
The severe economic blows from COVID-19 have forced scores of businesses to suspend operations and even file for bankruptcy, with real estate companies among the hardest hit.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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.
FLC Grand Hotel Quy Nhon in Binh Dinh province (Photo courtesy to FLC Group) 
