The real estate sector saw a sharp increase in new firms in the first two months of 2026 with 959 established, up 94.9% year-on-year, according to the National Statistics Office.
However, 480 companies in the sector dissolved, marking a 108.7% increase.
Mr. Le Dinh Chung, CEO of SGO Homes, said the figures reflect a market where opportunities and challenges coexist, forcing firms to adapt to mounting pressures. High interest rates, macroeconomic volatility, and cautious investor sentiment continue to weigh on the sector.
On a positive note, the government has stepped up efforts to resolve legal bottlenecks, paving the way for improved housing supply. Large-scale projects are expected to be rolled out in 2026.
However, new approvals remain largely concentrated among financially strong developers, while smaller projects are becoming scarce, especially in Hanoi.
Experts say the market is moving toward healthier, more transparent growth, with reduced speculation and a stronger focus on meeting real housing demand.
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