At the press conference announcing the Vietnam Real Estate Market Forum (VREF 2026) on the morning of November 21, Dr. Nguyen Van Dinh, Chairman of the Vietnam Real Estate Brokerage Association and Vice Chairman of the Vietnam Real Estate Association, stated that the real estate market in 2025 has recovered and is gradually rebounding.
Investment activities have been robust, fueled by the availability of cheap and accessible capital since 2024.
According to Dr. Dinh, the government’s directives have emphasized the need to study market regulation mechanisms through tax and credit policies. The Vietnam Real Estate Association has proposed a suitable roadmap, clearly distinguishing behaviors and target groups for policy application. Without proper identification, regulatory measures may impact genuine demand, while the core goal is to curb speculative activities that harm the market.
As of September, nearly 18 million trillion VND has been injected into the economy, with approximately 4 million trillion VND allocated to the real estate sector, accounting for 25%.
Press conference announcing the Vietnam Real Estate Market Forum (VREF 2026). Photo: Nguyen Le |
Dr. Dinh noted that this represents a significant effort by the banking system to support economic recovery. However, some have exploited the cheap capital to engage in speculation. With the government’s current management approach, speculative and “hot” investment activities are expected to decrease by year-end, leading to a more sustainable and stable real estate market in 2026.
Regarding VREF 2026, Dr. Dinh shared that this year’s theme is “Shaping Standards for Sustainable Market Development,” chosen based on recent significant market shifts.
A key highlight of this year’s forum is the announcement and implementation of standard sets and evaluation criteria developed by the Vietnam Real Estate Market Research and Evaluation Institute (VARS IRE).
Ms. Pham Thi Mien, Vice Director of VARS IRE, explained that these standards include: Vietnam Standard Real Estate Project Criteria; Provincial Real Estate Market Competitiveness Index; Bank Support Capability Standards in Real Estate Market Development; Vietnam Real Estate Brokerage Practice Standards; and Vietnam Real Estate Brokerage Professional Ethics and Conduct Code.
Dr. Nguyen Van Dinh added that these standards are expected to enhance market transparency, filter out low-quality projects, and elevate the accountability of participants. They also provide a reference framework for regulators, investors, and customers, paving the way for the market to align with international standards and achieve safe, healthy, and sustainable development.
Nguyen Le
– 16:25 21/11/2025
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