Investment flows will become diversified.

Many experts predict that in 2026, investment capital flowing into gold, real estate, and stocks will remain substantial, but there will be a clear differentiation between these sectors.

Illustrative image.

At the seminar "Investment Compass 2026: The Focus of Capital Flows," organized by Labandautu.vn in collaboration with Diaocnet.vn on the afternoon of January 20, 2025, experts noted that in the context of policies promoting production and business not yet creating a strong enough boost for the economy , capital flows tend to shift to investment channels as an optimal choice to preserve and increase asset value. In fact, the three traditional investment channels – gold, stocks, and real estate – are particularly attractive. As soon as a signal of an upward price trend appears, the market immediately becomes vibrant, capital flows in rapidly, pushing prices up in anticipation of profits.

Although both are considered safe havens for assets, each sector has very different characteristics. Gold and stocks are flexible platforms, allowing investors with small capital to easily participate and withdraw. Conversely, real estate is a segment that requires greater financial resources, demanding investors to have a solid capital base, or possess supplementary financial resources and the ability to effectively utilize credit leverage.

Money no longer follows the "waves".

At the seminar, delegates unanimously agreed that in 2026, with increasingly stricter management mechanisms and policies, these investment channels will still attract a large amount of investment capital, but will mainly focus on long-term investment rather than short-term speculation. In particular, gold will reduce its investment model of buying and selling and instead become a channel for long-term savings.

Regarding the stock market, the 2026 market will not experience uniform growth like previous cycles. “Instead, differentiation will become increasingly clear and intense. Capital flows will no longer follow the general trend but will shift selectively, closely adhering to government policies, resolutions, and operational directions. Businesses in sectors directly benefiting from public investment, institutional reforms, economic restructuring, or possessing clear intrinsic growth stories will become the focal point attracting capital. Conversely, businesses lacking fundamental foundations or failing to keep pace with policy trends will gradually be left behind in the new market growth cycle,” commented Mr. Nguyen The Minh, Director of Research and Development at Yuanta Securities Vietnam.

Similarly, regarding the real estate sector, Mr. Nguyen Van Dinh, Vice Chairman of the Vietnam Real Estate Association, noted that real estate prices have consistently shown an upward trend, especially in the 2025-2026 period, when land costs and new management policies are directly driving up prices. This further reinforces the role of real estate as a crucial pillar in the asset accumulation strategy of Vietnamese investors.

The delegates participating in the seminar.

2026 will be a period when the real estate market directly benefits from the government's efforts to remove legal obstacles and boost public investment. With a plan to disburse approximately 1 trillion VND for infrastructure, the market will not only be vibrant in major cities but will also spread strongly to new economic zones, notably the Southwest region. The synchronized development of urban infrastructure, industrial parks, and tourism services will be the catalyst for stimulating demand in related real estate segments.

Housing supply is increasing, but competition is also intensifying.

According to Mr. Dinh, the program to build 1 million social housing units is making remarkable progress, aiming for completion by 2028 and projected to reach approximately 1.5 million units by 2030, far exceeding the initial plan.

Furthermore, the emergence of large-scale mega-projects is creating a strong attraction, directing investment towards the integrated "compact city" model. These are living spaces that fully integrate amenities, from infrastructure and high technology to stringent greening standards. Instead of individual products, investors are now eagerly seeking large urban areas that can fully meet the quality of life, a segment that accurately addresses the real and sustainable needs of the market.

“The projected housing supply in 2026 could be 2-3 times that of 2025. Supply will increase in both quantity and quality. 2026 will be a year of intense competition between projects and investors. In the future, it will no longer be a ‘playing field’ for developers without strong financial resources, speculators driven by herd mentality, or those who ‘start from scratch.’ This year’s sales competition will no longer simply be about who launches more products, but a race to understand the market and sell the right products that the market needs. Investment capital will choose to ‘land’ in projects with clear legal status and suitable usability, instead of chasing short-term price appreciation expectations as before,” Mr. Dinh shared.

Sharing this view, economist Tran Dinh Thien, a member of the Prime Minister's Economic Advisory Group, noted that the current real estate market can no longer be approached with general assessments or short-term trends, but requires specific, long-term strategic perspectives. Therefore, it is necessary to clearly distinguish between long-term investment and short-term speculation. Long-term investment requires a vision linked to planning, infrastructure, and real capital flows, while speculation relies only on short-term price expectations and is easily eliminated when the market enters a consolidation phase.

According to the Vietnam Economic Times

Source: https://baophutho.vn/dong-tien-dau-tu-se-co-su-phan-hoa-246183.htm