Better infrastructure and revitalized urban areas are tipped to drive growth in housing demand in Vietnam’s major cities, especially where public transport offers convenience.
A number of amendments are contained within the draft revised Law on Housing, including rules on homeownership by foreign organizations and individuals.
According to statistics from GSO, Vietnam's economy in December has positive results such as the Gross Domestic Product (GDP) in the fourth quarter of 2024 estimated to grow by 7.55% compared to the same period last year, and total registered Foreign Direct Investment (FDI) for the year reaching $38.23 billion, etc.
Powering Vietnam’s mechanical engineering sector requires policy reform, market expansion, and investment in technology to unlock its growth potential.
Ho Chi Minh City’s residential real estate market exhibited clear segmentation during 2024, with luxury properties dominating while affordable housing faced challenges in supply and demand.