Vietnam is attracting high-net-worth individuals investing in luxury properties and elite living.

The HCM City Investment and Trade Promotion Centre and Vietnam International Arbitration Centre organised a conference on “Real Estate Transactions in a Volatile Market and Legal Context” on August 28.

Authorities have listed nearly 50 projects in Ho Chi Minh City where foreign individuals and organizations can legally buy homes.

As many as 169 land plots to be used for commercial housing development on a trial basis, as agreed to by involved parties under the National Assembly’s Resolution 171, have failed to meet the prescribed criteria.

Vietnam’s property market is showing strong signs of recovery despite wider economic challenges, with sector-wide net profit surging nearly 130% year-on-year in the second quarter of 2025.

The Ministry of Construction (MOC) is finalizing and upgrading the housing and real estate market information system to ensure that 100 percent of the data is "accurate, complete, clean, and live”.

Declining birth rates are shrinking household sizes, reducing demand for large homes, and transforming the structure of Vietnam’s real estate market, according to the Vietnam Association of Realtors (VARS).

Local land price tables should avoid unrealistic pricing that is either too high, burdening businesses, or too low, causing budget revenue losses.

The real estate market in 2025 is no longer a matter of “eating or being eaten” but one of strategic cooperation to grow together, experts stressed

Real estate prices in Hanoi have increased sharply, while those in HCM City, particularly in the Northeast area, range from VND40-50 million/sq m, which is considered reasonable.

Soaring prices, oversupply, and weak demand threaten Vietnam's property market stability.

At a recent forum on double-digit growth hosted by the Central Strategic Policy Committee, a business association representative spoke with sadness about current land prices.

Experts believe that setting prices for agricultural land that is mixed with residential land is inconsistent with the Land Law.

The development of the land price framework is not solely based on market prices but also integrates local management requirements to ensure stability and effective state governance.

The Ministry of Construction (MOC) says tax policies on unused real estate and housing should be studied with the aim of preventing speculation and price inflation.

Ministry of Finance suggests taxing based on holding period if no purchase price is available.

"To buy an average house (70 sq m, priced at VND3-4 billion) in major cities, young people need 20-25 years of income," said Ha Quang Hung, Deputy Director of the Department of Housing and Real Estate Market Management.

The deeper decentralisation of authority to local administrations will help reduce processing time for construction permits and project approvals, thereby reducing opportunity costs and increasing investment efficiency.

HCM City authorities have released a list of 17 residential projects where foreign individuals and organizations are permitted to own property, along with 4 where ownership is prohibited.

As the global retail sector shows signs of steady recovery, Vietnam's retail property supply is also experiencing a clear resurgence.