Vietnam’s real estate market is witnessing a rising number of merger and acquisition (M&A) deals, with the engagement of both foreign and domestic investors.

Prominent real estate companies revealed varying levels of success within the market, as demonstrated by different revenue and profit figures in the third quarter.

Vietnam, with a population of nearly 100 million people, is considered a potential investment market for famous retailers around the world; therefore, many foreign retailers have enhanced their investments.

Vietnam’s industrial real estate market is heating up due to healthy absorption of industrial land, ready-built factories and warehouses, reported experts from real estate consultancy CBRE Vietnam.

VOV.VN - Experts have warned that the real estate market will continue to struggle with limited access to capital, legal bottlenecks, and a general inability among companies to redeem bonds.

A total of 59,559 businesses entered and re-entered the real estate market in the third quarter of 2023, a record number for the period, which represented a rise of 18% year on year, according to head of the Ministry of Construction (MoC)’s Office Dau Minh Thanh.

The industrial real estate market in the south was vibrant and thriving in the third quarter, with many ready-built factories and warehouses entering the market, according to real estate research companies.

Real estate attracted US$1.94 billion in foreign direct investment (FDI) in the first nine months of this year, accounting for about 9.6% of total FDI to Vietnam in the period.

VOV.VN - New products and advanced technologies in real estate, construction, building materials and internal and external decorative items are being showcased at more than 1,000 pavilions during the second edition of the Vietbuild Hanoi International Exhibition 2023, which opened in the capital city on September 20.

VOV.VN - The second Vietbuild Hanoi International Exhibition 2023 is to run from September 20 to September 24 with the theme of "Construction - Building Materials - Real Estate & Interior and Exterior Decoration”, with the event taking place at the National Architectural Planning & Construction Exhibition Centre.