In the first half of 2025, Vietnam's real estate market experienced a robust influx of capital, driven by large-scale M&A transactions and a wave of expanded investment across diverse sectors, including residential, industrial, retail, and tourism. This reflects a clear trend of investor diversification.

According to the Savills APIQ Q2 2025 report, the first half of the year saw a series of foreign-led M&A deals in real estate. Notable examples include Capitaland's acquisition of a project in Binh Duong from Becamex IDC for up to $553 million. Additionally, a consortium of Sumitomo Forestry, Kumagai Gumi, and NTT Urban Development is partnering with Kim Oanh Group to develop The One World project, while Nishi Nippon Railroad acquired a 25% stake in Nam Long's Paragon Dai Phuoc project.

These transactions highlight the growing interest from investors from Japan, South Korea, and Singapore, as well as the emergence of capital from the United States and Europe—markets known for their high standards and typically long-term investment strategies.

Alongside M&A deals, capital has also been channeled strongly into other sectors. Industrial real estate, in particular, has emerged as a key destination, leveraging the country's advantages in labor, cost-effectiveness, and strategic location.

Despite concerns over potential trade barriers with the US, Vietnam continues to solidify its role in the global supply chain. Numerous new projects have been launched, including two industrial parks by Becamex IDC in Binh Duong (totaling 1,080 ha) and the VSIP Nam Dinh park (180 ha), which is set to break ground in Q3 2025.

In the residential segment, the trend of suburban and satellite city development remains dominant, highlighted by the launch of several large-scale projects. Vingroup has broken ground on a 2,870-ha project in Can Gio (Ho Chi Minh City), while Sun Group has launched a 96.6-ha project in Vung Tau. Meanwhile, Masterise Homes has marked its entry into the Central region with a project featuring approximately 1,112 apartments.

The retail sector also continues to show clear progress, spearheaded by AEON Mall's expansion in the Mekong Delta region with two new projects.

Additionally, the tourism and aviation sectors are benefiting from a surge in international arrivals, with more than 12.2 million visitors in the first seven months (a 22.5% increase year-on-year), and major upcoming events like the APEC 2027 summit in Phu Quoc. Airport expansion plans and the establishment of the new airline, Sun PhuQuoc Airways, underscore the comprehensive development vision shared by private investors and the Government.