Investing in the second half of 2025: Choose digital assets, real estate or stocks?

“Big players” enter the digital asset playground

Earlier this week, the price of bitcoin (BTC) soared above $120,000/BTC, surpassing all records in history (it has increased nearly 30% since the beginning of the year). Many international investors predict that bitcoin could reach $140,000 - $200,000/BTC by the end of this year.

In the country, the digital asset and cryptocurrency game is expected to become more and more exciting as the legal corridor is gradually being completed, investment opportunities are opening up and more and more big players are joining this game.

Legally, from January 1, 2026, the Law on Digital Technology Industry will take effect, officially legalizing digital assets. Previously, the Prime Minister issued the National Strategy on the application and development of blockchain technology until 2025, with a vision to 2030. The Resolution on the International Financial Center in Vietnam passed by the National Assembly also allows the development of a testing policy (sandbox mechanism) for fintech business models, including digital asset and cryptocurrency exchanges.

Mr. Nguyen Khac Lich, Director of the Department of Information Technology Industry ( Ministry of Science and Technology ) affirmed that the Law on Digital Technology Industry recognizing digital assets will help protect 21 million Vietnamese investors holding crypto assets, while opening up new development space for the Vietnamese economy.

According to statistics from international organizations, the amount of cryptocurrency transactions by Vietnamese people each year is about 100-120 billion USD. Legalizing digital assets will be one of the "launching pads" of the digital economy .

Meanwhile, Mr. Phan Duc Trung, Chairman of the Vietnam Blockchain Association, commented that the new legal corridor for digital assets and crypto assets not only minimizes risks for Vietnamese investors, but also creates opportunities for innovative businesses, paving the way for the economy to have new capital mobilization channels.

With more than 20% of its population owning digital currencies, Vietnam is one of the world’s largest cryptocurrency markets by number of users. Previously, the lack of a legal framework made it impossible for regulators to control this underground money flow of hundreds of billions of dollars. At the same time, the legal gray area also made many individual investors worried.

Mr. Nguyen Xuan Minh, Chairman of Techcom Securities, expects that the new legal corridor and the participation of many reputable institutional investors in the market will help individual investors have new investment channels.

Not only domestic securities companies and commercial banks have begun to pay attention to the digital asset game, but foreign investment funds have also begun to seek ways to “jump” into the Vietnamese market. In particular, Van Eck - an investment fund managing hundreds of billions of USD - has conducted many surveys and meetings with businesses and founders in Vietnam to seek cooperation opportunities in the digital asset sector.

According to SSI Digital, many "sharks" in digital asset investment and blockchain technology in the world have also expressed their desire to participate in the Vietnamese market, turning Vietnam into a leading digital asset and blockchain center in the region.

Real estate and stocks still attract cash flow

While digital assets are a potential billion-dollar playground, but are selective of investors due to high risks, other traditional risky investment channels are attracting cash flow.

According to Mr. Nguyen Quang Huy, CEO of the Faculty of Finance and Banking (Nguyen Trai University), if in the first half of 2025, the cash flow tends to be "defensive", pouring into safe investment channels, then starting in the second half of 2025, the cash flow tends to flow into risky investment channels. A large amount of capital is shifting from gold, savings deposits to stocks and real estate.

SSI Research’s analysis shows that Vietnam’s real estate market is showing signs of early recovery from 2024, driven by legal progress and a sharp increase in new apartment supply (up 91% YoY). Real estate prices in major city centers, especially in Hanoi and Ho Chi Minh City, have recovered. Local markets are also attracting attention thanks to provincial mergers and infrastructure development projects.

Similarly, Ms. Tran Thi Khanh Hien, Director of Research, Military Securities Joint Stock Company (MBS), said that the real estate sector is gradually recovering after 3 important legal frameworks were applied from August 2024, helping to simplify the project approval process and increase supply. Resolution 68-NQ/TW also contributes to removing legal and administrative barriers, especially for projects with real economic value and sustainable cash flow.

In addition, low interest rates continue to reduce financial pressure for investors, while stimulating demand for home loans. “We believe that changes in the legal framework and gradually expanding capital mobilization channels will have a positive impact on real estate in the medium and long term,” said MBS analysts.

Regarding stocks, since the beginning of the year, the VN-Index has increased by 15-16%. Mr. Phan Dung Khanh, Director of Investment Consulting, Maybank Investment Bank, said that the stock market will soon conquer the peak of 1,500 points set in 3 years due to many factors of "heavenly time, favorable location, and harmony of people", including low interest rates, foreign capital increasing net buying again, the possibility of being upgraded, economic growth of 8% this year and expectations of double digits in the following years...

However, with securities, choosing industry groups and stock codes is not simple. According to experts, investors should pay attention to financial - banking, public investment, energy, technology, transportation stocks... in the coming time. In particular, it is necessary to closely and promptly monitor changes in US tariff policies and government policies to take timely action.

The GM Vietnam 2025 event, held in early August 2025, is expected to attract 20,000 attendees. Notably, the event will have the participation of more than 1,000 founders, investment funds, angel investors, developers and advisors. A series of large investors and enterprises in the field of blockchain and digital assets such as Sui, BingX, MEXC, Aptos, Gate, TRON, Holdstation, Tether, ATX, Polkadot, Meta Earth, U2U Network, Manta Network, CoinEx, BITGP, AIDv2, HTX, UniLive, NEO, Scallop, BTSE, Bitunix, D'CENT, Coinsilium, io.net, HashKey Exchange, HiBT, Bullbit, Tezos... are also expected to attend this event, showing the level of interest of investors in the Vietnamese digital asset and cryptocurrency market.

Source: https://baodautu.vn/dau-tu-nua-cuoi-nam-2025-chon-tai-san-so-bat-dong-san-hay-chung-khoan-d331809.html