Savills forecasts that real estate investment in Asia-Pacific will increase by approximately 7% in 2026, reflecting a more stable cycle compared to the US and Europe. However, as global investors become increasingly cautious and selective, markets offering real growth, strong domestic demand, and improving legal frameworks—like Vietnam—are poised to maintain a long-term advantage.

Data from the General Statistics Office and international organizations show that Vietnam’s GDP growth maintained a positive trajectory throughout the 2022–2025 period. Specifically, following an 8% growth rate in 2022, GDP reached 5.1% in 2023 before rebounding to 7.1% in 2024 and hitting 8.02% in 2025. Vietnam remains among the fastest-growing economies in the Asia-Pacific region.

Growth has improved not only in speed but also in quality. GDP per capita rose from $3,700 in 2022 to nearly $5,026 in 2025. Rising incomes and an expanding middle class have solidified the domestic market while driving demand for infrastructure, logistics, urban development, and commerce—factors that have a powerful spillover effect on the real estate sector.

In the broader regional picture, Savills notes that demand for Grade A office space in Asia-Pacific remains positive, particularly in emerging talent hubs such as India, Vietnam, and Malaysia. In these markets, multinational corporations are expanding their presence to access high-quality labor at competitive costs. Additionally, the retail real estate segment is being bolstered by recovering consumption, tourism growth, and the return of international brands.

According to Mr. Neil MacGregor, CEO of Savills Vietnam, regional trends are clearly reflected in the Vietnamese market but with increasing depth and quality.

Vietnam has moved past the stage of attracting investment primarily based on cost advantages. Capital flows are now shifting strongly toward high-value sectors such as high-tech manufacturing, electronics, modern logistics, and industries integrated into global supply chains. This is redefining real estate demand toward higher quality, sustainability, and a longer-term focus, Mr. Neil said.

A key driver reinforcing the long-term outlook for Vietnam’s real estate market is the steady influx of high-quality Foreign Direct Investment (FDI). According to 2025 data, total registered FDI in Vietnam reached approximately $38–40 billion, while disbursed capital hit a record high, reflecting the long-term confidence of foreign investors in the domestic business environment.

Notably, capital from Europe is becoming more selective, focusing on high-value-added sectors such as technology, electronics, advanced processing, and logistics. In particular, the EU-Vietnam Free Trade Agreement (EVFTA)—which will see import duties on over 99% of tariff lines for goods exported to the EU eliminated by 2027—is expected to further solidify Vietnam’s position in global supply chains and increase its appeal to long-term investors.

Parallel to FDI, large-scale public investment in infrastructure is seen as a pivotal growth engine for the economy and the real estate market in the medium and long term. The accelerated implementation of key projects—such as the North-South Expressway, Long Thanh International Airport, and ring road systems in Hanoi and Ho Chi Minh City, along with various logistics and energy projects—will improve regional connectivity, encourage urban decentralization, and create new growth poles along strategic infrastructure axes.