Recent survey findings by Vietnam Report indicate that 73.3% of real estate businesses believe the primary factor shaping the development of the real estate industry in 2025 will be the recovery speed of the economy.

Following the challenging period of 2022-2023, characterized by high inflation, elevated interest rates, and tightened credit, Vietnam's economy began recovering in 2024 with a growth rate of 7.09%. Looking ahead, the Government aims to achieve 8% growth in 2025 and is targeting double-digit growth in the subsequent years.

The second key driving force identified by 62.2% of surveyed businesses is the improved legal framework. Efforts to address legal obstacles have led to amendments to three critical laws—the Law on Housing, the Law on Real Estate Business, and the Land Law.

These reforms, which were implemented ahead of schedule in August 2024, mark a significant turning point for the real estate market and are expected to create a more favorable environment for investment and development.

Another major factor driving the real estate industry is increased public investment and infrastructure development in 2025.

Aligned with the Government's economic growth targets, a record public investment budget of VND878.3 trillion (nearly $34.3 billion) has been allocated for key infrastructure projects. These include the North-South Expressway, Long Thanh Airport, ring road systems, and metro lines in Hanoi and Ho Chi Minh City.

Additionally, plans for transformative projects such as nuclear power plants and the North-South high-speed railway are in the pipeline, signaling robust potential for the real estate sector.