Business News

The real estate market has heated up since early 2025, with major mergers and acquisitions (M&A) driven by investors from Japan, South Korea, and Singapore, alongside rising capital inflows from the U.S. and Europe. Specifically, CapitaLand spent US$553 million acquiring a project in the former province of Binh Duong (now HCMC) from Becamex IDC, according to the Vietnam News Agency.

State-owned enterprises (SOEs) are now permitted to invest in real estate, decide their own salary and bonus policies and manage asset transactions, as clarified by the Law on Management and Investment of State Capital in Enterprises, effective August 1. According to the 2025 law passed by the National Assembly, SOEs are allowed to conduct business activities in line with legal regulations and the State's directives as the owner, which are outlined in the company's charter and development strategy.

The HCM City real estate market is showing early signs of recovery, with new supply prospects boosted by streamlined legal procedures and lower bank lending rates, according to the Department of Construction. City authorities have made coordinated efforts to remove obstacles and revive delayed projects. A report by the department showed that 14 housing projects were approved in the second quarter of the year, including nine commercial, one social and three subject to land use right auctions.

Over the past two decades, industrial parks have become one of Vietnam’s key economic growth drivers. To date, more than 400 IPs have been planned nationwide, with over 380 already in operation. These IPs have attracted hundreds of billions of USD in investment capital, created millions of jobs, and contributed substantially to Vietnam’s industrialization and modernization. 

Vietnam’s real estate business more than doubled on-year in the first half of 2025 to over $5.17 billion thanks to growing confidence, according to the latest figures released by the Foreign Investment Agency under the Ministry of Finance. The sector accounted for 24 per cent of the country’s total registered foreign direct investment (FDI), which stood at over $21.5 billion.

Eco-industrial parks (EIPs) are increasingly viewed as an optimal solution for transitioning industrial development toward sustainability, aligned with the goals of reducing emissions, developing the circular economy and enhancing national competitiveness. Beyond supporting international environmental commitments, the EIP model is becoming a key criterion for attracting foreign investors.

As Vietnam advances toward sustainable industrial development, the focus is shifting beyond merely boosting output to embracing greater environmental and social responsibility. While the legal framework for environmental protection in industrial parks (IPs) has been established, enforcement remains inconsistent. The key challenge now is to refine policies and accelerate the adoption of circular economy models, laying the groundwork for forming a new generation of greener, smarter and more sustainable IPs.

As Vietnam continues its path toward integration and modernization, industrial parks (IPs) and economic zones (EZs) are playing a pivotal role in driving economic growth, attracting foreign direct investment (FDI), and generating large-scale employment. Formed through a cooperation model between Vietnam and Singapore, VSIP now operates 20 IPs in Vietnam, covering more than 14,000 ha.