Infrastructure-led growth to drive Vietnam real estate recovery in 2026

In Q4 2025 alone, over 230 infrastructure projects were launched.

Vietnam’s real estate market is entering 2026 on firmer footing, supported by stronger policy clarity, robust capital inflows and a major infrastructure push, according to Savills.

Savills reported that Vietnam maintained macroeconomic stability in 2025, with GDP growth estimated at above 8%. Total realised investment rose 12.1% year-on-year, reflecting sustained confidence from both domestic and foreign investors. Registered foreign direct investment reached approximately US$38.4 billion, while disbursed capital totalled around US$27.6 billion, the highest in five years.

Infrastructure development remained a key highlight. Savills noted that 234 projects were launched or inaugurated nationwide in Q4 2025, with total investment of VND3.4 quadrillion. Major projects include Long Thanh International Airport, the Ben Thanh–Can Gio Metro, Hanoi Metro Line 5, the Red River scenic boulevard, and new sections of the North–South Expressway, with around 380 km opened to traffic.

The residential sector also saw renewed activity. In Ho Chi Minh City, developers including Le Phong and DICERA Holdings commenced new apartment projects in the city’s northeast. In the north, Frasers Property and GELEX Infrastructure broke ground on a landed housing project in Hai Phong.

Savills added that the hospitality sector improved, with international arrivals rising 21% in 2025. A pilot scheme allowing eligible Vietnamese citizens to enter selected casinos is expected to support tourism in destinations such as Ho Tram, Quang Ninh and Phu Quoc. Notably, Sun Group began development of a 244.45-ha tourism complex with a casino in Van Don, with total investment of up to US$2 billion.

Meanwhile, Savills highlighted continued strength in the industrial sector, with more than 10 industrial parks breaking ground in Q4 2025 alone. This includes two large-scale projects near Long Thanh International Airport, each spanning around 1,000 hectares, reinforcing the formation of new economic hubs.

Looking ahead, Savills said infrastructure-led growth will remain central to Vietnam’s economic trajectory, supporting sustained real estate demand and setting the stage for a more durable recovery in 2026.