The affordable and mid-range segments will remain pivotal in the city's retail property this year, experts said.

Vietnam's property market is set to rebound strongly in 2025, driven by improved investor confidence, lower borrowing costs, and heightened transaction activity across key segments.

The National Assembly (NA) is scheduled to discuss a report by a supervision delegation and a draft Resolution of the legislature on the results of the thematic supervision on the implementation of policies and laws regarding the management of the real estate market and the development of social housing within the framework of its ongoing eighth session in Hanoi on October 28.

Deputy Prime Minister Tran Hong Ha on October 25 ordered competent ministries and local administrations to evaluate the real estate situation as well as the responsibilities of relevant sides in housing market predictions and regulation of the realty product segments.

Real estate revenue in Ho Chi Minh City reached VND173 trillion (over US$7 billion) in the first eight months of the year, up 6.1% year-on-year, according to the HCM City Statistics Office.

Foreign entities and individuals can now own up to 30% of the residential apartments in a building, including mixed-use developments, under a new decree effective on August 1.

Vietnam's industrial real estate market boasts ample potential, but challenges remain to its development.

The real estate market is widely expected to attract more investment in the near future due to many important driving forces, according to economist Can Van Luc.

A total of VND2.75 quadrillion (US$41 billion) went into the property market in 2023, according to the State Bank of Vietnam (SBV), an increase of 6.75% in comparison to last year.

Real estate has emerged as the biggest recipient of foreign direct investment (FDI) in January while foreigners now also have great demand for property in Vietnam, statistics show.