Market Share of Vietnam Real Estate & Mortgage Industry
The Vietnamese real estate market needs to be more cohesive due to the presence of many local and global players. Vietnam real estate includes pure Vietnamese capital-based local companies and foreign investment funds from foreign companies and joint venture firms.
Various proptech startups and traditional real estate firms are aiming to leverage technology to improve their operations and competitive edge by providing effective solutions to enhance home buying, selling, renting, and living experiences in Vietnam.
In hospitality real estate, there is a need for developers in Vietnam to diversify the market by paying attention to the non-traditional market and bringing in professionals to manage their property. There is a growing demand for quality office and retail stock in centralized places, with the Hanoi CBD in focus. The strength of the manufacturing and tourism sector will keep demand buoyant for retail, office, and industrial units.
Key players in the residential real estate market are Novaland Group, Dat Xanh Group, FLC Group, Hung Thinh Real Estate Business Investment Corporation, and Nam Long Investment Corporation.
Vietnam Real Estate & Mortgage Market Leaders
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Novaland Group
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Dat Xanh Group
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VinGroup
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FLC Group
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Nam Long Investment Corporation
*Disclaimer: Major Players sorted in no particular order