Property

By 2035, Vietnam's urbanization will hit 50%, equivalent to 51 million urban residents; and the middle class will comprise up to 75% of the population… all of which will drive a strong increase in demand for residential, commercial, hospitality, and healthcare properties.

The country currently has 3,297 social and commercial housing projects and land plots in the pipeline, with the potential to supply around 5.9 million housing units.

According to VARS, if housing prices and incomes remain unchanged, the ability to purchase homes is significantly declining.

Total area of the 54 agricultural land plots to be piloted for commercial housing stands at nearly 6.6 million square meters.

After more than ten months, total disbursed capital reached VND464 trillion ($17.6 billion), accounting for 51.7 per cent of the 2025 plan approved by the Prime Minister.

Many National Assembly deputies agreed with the policy of exempting construction permits, but proposed to improve the post-inspection mechanism and clearly define management responsibilities...