The real estate market in Can Tho is experiencing a surge of interest following the official groundbreaking of the mega Aeon Mall Can Tho project, coupled with the simultaneous development of several key infrastructure projects in the area.
The Aeon Mall Can Tho commercial center project – the largest in the Mekong Delta region – spans an area of 8.5 hectares, with a total investment of approximately VND 5,400 billion (equivalent to USD 250 million). It boasts a total floor area of over 195,000 square meters. The first phase of the project is expected to be completed by 2028. The mall is anticipated to become a large-scale, modern shopping, entertainment, and service center, transforming the city’s landscape and boosting the local economy.
Concurrently, Can Tho is expediting the construction of several strategic transportation infrastructure projects. Notably, the Can Tho-Ca Mau expressway, spanning over 110 kilometers with a total investment of nearly VND 18,842 billion, has completed over 99% of its land clearance and is expected to open to traffic by the end of 2025.
Additionally, the Chau Doc-Can Tho-Sóc Trăng expressway, stretching 188 kilometers with a total investment of more than VND 44,700 billion, is also underway. Some sections have already been initiated, with the first phase expected to be completed by 2027.
Beyond expressways, the high-speed railway project between Ho Chi Minh City and Can Tho, with a total investment of approximately USD 9.8 billion, is being promoted. This strategic infrastructure project is expected to efficiently connect the economic center of the Mekong Delta with Ho Chi Minh City, fostering sustainable trade and regional development in the future.
In addition to focusing on transportation infrastructure, Can Tho is also attracting significant industrial and commercial projects. A notable example is the VSIP Can Tho Industrial Park in Vinh Thanh, spanning nearly 294 hectares. The project has completed land clearance and is promoting cooperation with 18 investors.
The synchronized development of infrastructure and vibrant economic activities have quickly impacted the local real estate market. According to the Can Tho Department of Construction, in the first quarter of 2025, the city recorded 2,191 real estate transactions, an increase of nearly 70% compared to the same period last year.
Notably, areas surrounding Aeon Mall and the expressways have witnessed a significant surge in interest, with property prices in Binh Thuy district and nearby areas increasing by 15% to 30% since the announcement of the Aeon Mall project’s groundbreaking.
Mr. Nguyen Van Dinh, Chairman of the Vietnam Real Estate Brokers Association (VARS), stated that Can Tho and the Mekong Delta region are entering a new cycle of development thanks to the breakthrough in transportation infrastructure, especially the efficient connectivity with Ho Chi Minh City. This factor is crucial in attracting investment capital and creating substantial demand in the real estate market in the coming years.
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