HOUSING PROJECTS IN VIETNAM ATTRACT MORE FOREIGN INVESTMENTS

According to the Foreign Investment Agency under the Ministry of Planning and Investment, foreign investment in real estate in the first quarter of this year reached nearly US$203 million, most of which was earmarked for housing projects.

Funding for real estate accounted for 11 percent of the total investment in Vietnam and ranks second after the manufacturing and processing field.

Le Hoang Chau, chairman of the Ho Chi Minh City Real Estate Association, said that many foreign investors now prefer housing projects to tourism properties.

It is predicted that the real estate industry in Vietnam will become more attractive to foreign investors this year when the modified law on real estate comes into effect in July.

One of the changes to the law is that investors will be allowed to sell or transfer their projects after they are granted the land use rights certificate.

Now, investors are required to finish building infrastructure before such sale or transfer.

“It becomes safer for foreign investors when they invest in a real estate project that has legal land use rights certificates,” Chau said.

Transparency and safety have lured more foreign investors to the field, he added.

Hamon Developments Corporation from the UK is light-footed in expanding their real estate portfolio in Vietnam by entering into a partnership with Son Kim Land, a local company, to invest in the $100 million Gateway apartment project in District 2, Ho Chi Minh City.

Gateway will have four towers with 546 high-class apartments, located on an area of 1.1 hectares, upon completion.

It is the third project of Hamon Developments in Vietnam, after the Nguyen Du Park Villas in Ho Chi Minh City and the Hanoi Business Center in Hanoi.

Two Japanese real estate companies Hankyu Realty and Nishi Nippon Railroad have joined hands with Nam Long, another local firm, to buy the Flora Anh Dao apartment project in District 9, Ho Chi Minh City.

The VND500 billion ($23.3 million) development includes 500 medium-class apartments, each covering an area of 54-67 square meters.

Source: VIR

Related News

MEMBER CORNER / PROMOTIONS

DOING BUSINESS WITH CHINA 2.0

As China continues to evolve into a global powerhouse in innovation, technology, and advanced manufacturing, understanding how to effectively engage with this market has never been more critical. Doing Business with China 2.0 is a flagship executive programme designed to equip business leaders with practical insights, strategic perspectives, and first-hand exposure to navigate China’s rapidly changing landscape.

Apr 17, 2026

HR / LABOUR/ EMPLOYMENT

VIETNAM TAPS AI TO CONNECT MILLIONS OF WORKERS WITH EMPLOYERS

Vietnam’s Ministry of Home Affairs on April 14 launched a national job exchange at vieclam.gov.vn, a key digital platform designed to directly connect more than 53.6 million workers with nearly one million businesses. The platform goes beyond a conventional job portal, positioning itself as a nationwide data-integrated ecosystem. Its technological highlight is the use of artificial intelligence (AI) to automatically analyze and match job vacancies with workers’ skills and experience.

Apr 16, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

HCMC SET TO START WORK ON SEVEN MAJOR INFRASTRUCTURE PROJECTS

Ho Chi Minh City plans to simultaneously break ground on seven major infrastructure projects worth a combined VND380 trillion on the occasion of Vietnam’s Reunification Day (April 30). The projects are highly expected to unlock public investment and fuel economic growth. To prepare for the simultaneous launch, relevant departments and authorities have worked to streamline administrative procedures while maintaining legal compliance, with the goal of meeting conditions for groundbreaking on the occasion of the national holiday.

Apr 16, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIETNAM GETS US$2.64 BILLION FROM SEAFOOD EXPORTS IN Q1

Vietnam’s seafood sector booked around US$927 million in export revenue in March, bringing the total in the first quarter of this year to US$2.64 billion, showed data from the Vietnam Association of Seafood Exporters and Producers (VASEP). China was the primary export market in Q1. Other markets such as the U.S., Japan and South Korea imported less due to weakened consumer spending and stringent technical barriers.

Apr 16, 2026

HOSPITALITY / TOURISM / ENTERTAINMENT

VNAT EYES 25 MILLION FOREIGN VISITORS IN 2026

In the first quarter of the year, international arrivals amounted to 6.7 million, up 12.4% from a year earlier and the highest level on record. Domestic travel reached an estimated 37 million trips, with total tourism revenue at around VND267 trillion. Global developments pose risks. Geopolitical tensions in the Middle East have driven up fuel prices, increasing transport and tourism service costs.

Apr 16, 2026

BANKING / FINANCE / INSURANCE / TAX

US$250-MILLION DEAL ADVANCES VIETNAM’S GREEN CREDIT PUSH

Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has secured a US$250-million sustainable financing package to support green agriculture and small and medium-sized enterprises (SMEs), marking a major step in mobilizing international capital for priority sectors. The facility was arranged in partnership with the Asian Development Bank (ADB), alongside international partners including the Japan International Cooperation Agency (JICA) and the Government of Canada.

Apr 16, 2026