Industrial real estate was the only bright spot in the real estate market in 2023. As more foreign investors came in Vietnam, the demand for industrial land and ready-made workshops increased, pushing rental prices up.

Government policies and market forces are expected to propel the real estate sector for continued growth in 2024, with demand in industrial and office leasing segments expected to increase, according to experts from Savills Vietnam.

VOV.VN - Vietnam has so far attracted 1,135 foreign-invested projects in the real estate sector with a total registered capital reaching US$68.045 billion, according to data provided by the Ministry of Planning and Investment (MPI).

Vietnam's real estate market will bounce back starting from the second quarter of 2024, and prosper into 2025, experts have said.

The industrial real estate market in the south was vibrant and thriving in the third quarter of 2023, with the rental area reaching 143,000 sq.m, up 2.4 times compared to the previous quarter.

Real estate remains a good investment channel in the long term, and the market will start recovering in 2024, insiders have said.

VOV.VN - Prime Minister Pham Minh Chinh chaired a national conference in Hanoi on December 7 to discuss solutions aimed at unlocking capital sources for businesses that have been crippled with credit access in order to maintain and spur production.

VOV.VN - The sixth session of the 15th National Assembly concluded in Hanoi on November 29 after 22 and a half days of sitting.

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.