Vietnam’s property sector is gradually entering a new recovery phase as legal reforms, policy adjustments, and administrative improvements continue supporting market confidence. According to market observations, vietnam real estate market growth is expected to strengthen in the coming years as authorities accelerate efforts to remove legal bottlenecks, improve market transparency, and reactivate delayed projects.
Legal Reforms Help Unlock Stalled Real Estate Projects
The Vietnamese government and National Assembly have introduced several important resolutions aimed at addressing long-standing legal obstacles across the real estate sector. These policy adjustments are expected to improve market liquidity while supporting more stable and sustainable market development in the years ahead. The broader reform process is also gradually restoring investor confidence and creating more favorable conditions for project implementation and capital deployment. As legal frameworks continue being refined, the market is expected to operate with greater transparency, efficiency, and long-term stability.
According to market data, Resolution 170/2024/QH15 introduced special mechanisms to address project bottlenecks in Ho Chi Minh City, Danang, and Khanh Hoa. Resolution 265/2025/QH15 later expanded these mechanisms nationwide, while Resolution 29/2026/QH16 focused on resolving land-related violations that occurred before the 2024 Land Law took effect. These reforms are expected to help reactivate many delayed or idle projects across the country. The continued rollout of policy adjustments is also contributing to stronger expectations for broader market recovery and more efficient project execution in the coming years.
At the same time, the government is directing efforts to remove obstacles for 3,338 projects with a combined investment capital of nearly VND3.35 quadrillion, equivalent to approximately USD129 billion. This large-scale policy effort reflects the government’s broader objective of restoring market stability and improving capital circulation throughout the real estate sector. The market is also gradually moving toward a more transparent and disciplined development phase as legal reforms continue being implemented nationwide. Developers and investors are therefore placing greater emphasis on legal clarity, operational capability, and long-term project execution when evaluating new opportunities.
Social Housing Policies Continue Supporting Market Recovery
Alongside legal reforms, Vietnam is also introducing multiple policies aimed at supporting social housing development and improving housing accessibility. These measures are expected to help balance supply and demand while contributing to broader market recovery over the medium and long term. Housing affordability and sustainable urban development are also becoming increasingly important priorities within national housing strategies. As a result, the social housing segment is expected to remain one of the key drivers supporting overall market stability in the years ahead.
According to Decree No.136/2026/ND-CP, the monthly income ceiling for individuals purchasing social housing has been raised to VND25 million. Previously, Decree No.261/2025/ND-CP increased the income threshold from VND15 million to VND20 million per month for individuals and to VND40 million per month for married couples. These adjustments are expected to expand access to social housing for a larger segment of the population while supporting broader housing demand across major urban areas. The revised policies are also expected to improve housing accessibility for middle-income buyers and strengthen long-term residential market demand.
At the same time, interest rates for social housing loans at the Vietnam Bank for Social Policies have decreased to 5.4% per year. Decree No.302/2025/ND-CP also provides detailed regulations for establishing a National Housing Fund designed to support long-term financing for rental housing and sustainable social housing development. These initiatives are expected to create additional momentum for the housing segment while supporting more balanced market development in the coming years. Long-term financing support is also expected to contribute to more sustainable growth across the affordable housing sector.
Market Transparency And Operational Efficiency Become Key Priorities
Vietnam’s real estate market is also entering a new phase where transparency, operational efficiency, and legal compliance are becoming increasingly important. Following a prolonged market adjustment period, the sector is gradually shifting toward more sustainable and demand-driven development models. This transition is encouraging developers and investors to adopt more cautious, disciplined, and long-term strategies when evaluating projects and investment decisions. The market is also witnessing stronger emphasis on operational quality, governance standards, and long-term project sustainability across multiple segments.
Several important legal reforms are expected to improve market operations and administrative efficiency. The amended Law on Investment 2025 is designed to reduce procedures for foreign investors and ease conditions for project transfers. Meanwhile, the amended Law on Construction 2025 aims to streamline appraisal procedures, expand permit exemptions, and accelerate digital transformation through construction information models. These changes are expected to reduce administrative complexity while improving project implementation efficiency across multiple real estate segments. The ongoing legal reforms are also expected to create a more stable, transparent, and investor-friendly operating environment for both domestic and foreign businesses.
Macroeconomic conditions are also providing additional support for market recovery. Inflation is forecast to average 4.3% in 2026 before easing to 4.1% in 2027, while major central banks such as the Federal Reserve and European Central Bank are showing signs of interest rate easing. These factors may create more favorable financial conditions for both developers and property buyers in the coming years. As policy reforms continue progressing, Vietnam’s property market is expected to move toward a more transparent, sustainable, and operationally stable growth cycle. Improving macroeconomic stability is also expected to strengthen investor confidence and support broader market recovery over the medium term.
Looking ahead, Vietnam’s real estate market is expected to continue benefiting from ongoing legal reforms, improved policy frameworks, and stronger market transparency. As administrative bottlenecks are gradually removed and investor confidence continues recovering, the market is likely to move toward a more stable, sustainable, and long-term growth cycle. The continued improvement of legal and operational frameworks is also expected to strengthen Vietnam’s long-term real estate investment attractiveness in the years ahead.
Source: VIR