Hanoi (VNA) – Vietnam’s real estate market has seen heightened mergers and acquisitions (M&A) since the start of the year, with a wave of large-scale deals driven by foreign investors, according to Savills Vietnam.
Among the standout transactions, Capitaland acquired a project from Becamex IDC for 553 million USD in former Binh Duong province. Meanwhile, a consortium of Sumitomo Forestry, Kumagai Gumi, and NTT Urban Development teamed up with Kim Oanh Group to develop the One World project, and Nishi Nippon Railroad purchased a 25% stake in Nam Long’s Paragon Dai Phuoc project.
These deals underscore growing interest from Japanese, Korean, and Singaporean investors, alongside an increasing flow of capital from the US and Europe, markets known for long-term strategies and high investment standards.
Industrial real estate continues to attract strong attention thanks to competitive labour costs and strategic positioning. New projects are underway, including two industrial parks of Becamex IDC in Binh Duong (1,080 ha) and the Vietnam – Singapore Industrial Park (VSIP) in former Nam Dinh province (180 ha), scheduled to break ground in the third quarter of 2025.
In housing, suburban developments dominate. Vingroup has started work on the 2,870ha Vinhomes Green Paradise in Can Gio (Ho Chi Minh City); Sun Group launched the 96.6ha Sun Blanca City; and Masterise Homes is rolling out the Masteri Rivera project with over 1,100 apartments in Da Nang city.
The retail segment is also expanding, with AEON Mall strengthening its presence in the Mekong Delta through two new projects, AEON Mall Long An, set to open in August 2025, and the 8.5ha AEON Mall Can Tho, now under construction.
In parallel, foreign direct investment (FDI) inflows remain on an upward trajectory. The National Statistics Office reported that total registered FDI reached 24.09 billion USD in the first seven months of 2025, up 27.3% year-on-year.
Matthew Powell, Director of Savills Hanoi, noted that despite global uncertainties and trade tensions, Vietnam is pressing ahead with structural reforms and sustaining investor confidence. Stable FDI and infrastructure improvements, he said, point to favourable long-term growth prospects.
The Government has also set an ambitious GDP target for 2025, anchored in reforms, increased public investment, and stronger private sector support. Key measures include streamlining the administrative system by consolidating 63 provinces and cities into 34, and phasing out the district level to enhance efficiency and create more investor-friendly conditions.
In addition, Resolution 68 of the Politburo seeks to advance private sector development through legal reforms, reduced business barriers, improved access to land and finance, protection of property rights, and promotion of fair competition.
On the trade front, Vietnam is working to narrow tariff gaps with the US and has proposed cuts on import duties for American goods. Efforts are also being stepped up to curb counterfeit and transit goods, diversify trade partnerships, and deepen international economic integration.
Tourism and aviation are likewise benefitting from surging international arrivals. Beyond the sharp rebound in visitor numbers, major initiatives are in progress, including hosting APEC 2027 in Phu Quoc, airport expansions, and the launch of Sun PhuQuoc Airways, reflecting a coordinated development vision across both public and private sectors./.
VNA
