The market benefits from infrastructure and policies
Savills' investment report for the first quarter of 2025 shows that the Asia-Pacific real estate market continues to slow down due to the impact of global economic instability and geopolitical tensions.
Total investment value in the whole region decreased by 40% compared to the same period last year, down to 24.2 billion USD - the lowest level in a decade. However, Vietnam, along with India and Malaysia, emerged as rare bright spots with positive results in investment activities.
Vietnam recorded impressive growth momentum thanks to a series of major infrastructure projects being accelerated, such as the North-South Expressway, Ho Chi Minh City Ring Road 3, and Long Thanh International Airport. These projects contribute to improving inter-regional connectivity and enhancing the competitiveness of the economy.
Total registered foreign direct investment (FDI) in the first three months of the year reached nearly 11 billion USD, up nearly 35% over the same period in 2024. Singapore continues to lead the list of investors. Many large-scale projects have also been implemented in localities such as Long An and Hai Phong, promoting the wave of investment shift to secondary markets.
Tourism and retail are also recovering strongly with nearly 4 million international visitors to Vietnam in the first two months of the year, up 30% over the same period. International airlines have opened additional routes, in which Emirates plans to operate four flights per week to Da Nang.
Stable signals from the office and industrial markets
The industrial sector continues to maintain its appeal with many new projects such as the 200-hectare Nam Trang Cat Industrial Park (Hai Phong) invested by Vinhomes. In the retail sector, Aeon Vietnam has acquired Hai Duong shopping mall with an investment capital of about 46 million USD.
The office segment maintains a high occupancy rate and stable price levels. Rental customers tend to move from the central area, prioritizing Grade A buildings with green and high-quality certificates.
Although the outlook is still affected by US tax policies and geopolitical developments, Vietnam is showing a significant boost thanks to the combination of foreign investment flows, improved infrastructure and recovery of the consumption, tourism and industrial sectors.
