The year 2025 will usher in a period of strong movement for the Vietnamese real estate market. After a long period of stagnation, the market entered the new year with many positive signs thanks to legal relief policies, more flexible credit flows and housing demand remaining at a high level.
A series of new mechanisms and support measures implemented since the beginning of the year have created important momentum, helping the market recover clearly and make breakthroughs.
However, the overall picture is not entirely rosy. The market still faces many challenges, especially the deep differentiation between segments, cautious investor sentiment and increasingly strict requirements for legal transparency from buyers.
This is also the time when the restructuring process is accelerated, moving towards a more sustainable development model instead of the hot growth cycle of previous stages.
At the press conference announcing the Vietnam Real Estate Market Forum 2026 (VREF 2026) held on November 21, Dr. Nguyen Van Dinh, Chairman of the Vietnam Association of Real Estate Brokers (VARS), commented that the real estate market is entering a new, more positive and stable phase. The important driving force comes from the strong improvement of the legal system on land, housing and real estate business in recent times.
However, he said the new context also places higher demands on transparency, standards and responsibility on market participants. Notably, the cheap money flow in recent times has supported the market recovery but at the same time increased speculative activities.
By the end of September, the total outstanding credit balance of the entire economy reached more than 18 million billion VND, of which real estate outstanding debt accounted for more than 4 million billion VND, equivalent to about 25%. This figure shows the great effort of the banking system in accompanying the economy.
Faced with the return of speculative trends, the Government has directed research into appropriate regulatory measures, from tightening credit to tax solutions. VARS supports this approach but emphasizes that implementation needs to have a roadmap and classify the right subjects so as not to impact homebuyers with real housing needs.
Regarding the increase in interest rates by some banks, Mr. Dinh assessed that this was an inevitable reaction after a long period of supporting the economy. This will cause investment activities using financial leverage to slow down, but at the same time, it is a necessary step to ensure system safety.
According to him, organizing VREF 2026 is an opportunity to create a forum for in-depth dialogue between management agencies, experts and businesses, thereby promoting multi-dimensional understanding and moving towards building a safe, transparent and sustainably developing real estate market.
Also at the event, VARS officially announced a series of standards and a system of criteria for evaluating standards. These tools include: Vietnam Standard Real Estate Project Standards; Provincial Real Estate Market Competitiveness Index; Standards for Assessing the Companionship Capacity of Banks in Real Estate Market Development, etc.
According to the Organizing Committee, these are carefully researched standards, with the participation of many experts, managers and the business community. The goal is to standardize the activities of market entities, contributing to improving transparency, efficiency and approaching international standards.
Source: https://congluan.vn/bat-dong-san-2025-but-pha-chinh-sach-moi-thi-truong-hoi-phuc-manh-10318738.html
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