Speaking at the forum, Mr. Le Viet Hai, Chairman of Hoa Binh Construction Group, stated that the real estate market in 2026 shows clear signs of recovery after a prolonged adjustment period. However, according to Mr. Hai, the most critical aspect is not the growth rate but ensuring the safe and sustainable development of the entire market.
According to the Chairman of Hoa Binh, a comprehensive market assessment, clear identification of risks and challenges, and the implementation of appropriate solutions are imperative in the current context. “The question is not just whether the market will recover, but how to ensure stable real estate development, thereby facilitating the smooth operation of the entire ecosystem, including construction, building material production, and related services,” Mr. Hai emphasized.
He stressed the need to avoid prolonged market stagnation, which could lead to a lack of work for businesses in the value chain and disrupt production and business activities. Ensuring a continuous and stable flow within the real estate ecosystem is now a top priority for the business community.
Based on this reality, the Chairman of Hoa Binh Construction Group proposed four key focus areas for the upcoming period.
First, develop social housing that genuinely meets the needs of the population.
Second, focus on affordable commercial housing, which is also a real demand and currently faces a supply shortage.
Third, accelerate the effective implementation of approved urban planning and projects.
Lastly, enhance market information transparency, considering it the foundation for a healthy market operation.
Regarding transparency, Mr. Hai praised the initiative to establish and operate the Construction Activity Information Database Portal, including a real estate sector database. He believes this is a crucial solution, enabling investors to access comprehensive and accurate market information, from project launch to supply status across segments, thus making informed investment decisions at each stage.
“The ultimate goal moving forward is to create a stable, safe, and healthy real estate market while ensuring the sustainable development of the entire related ecosystem, from construction and building materials to supporting services,” Mr. Hai emphasized.
Also at the forum, Nguyen Van Dinh, Vice Chairman of the Vietnam Real Estate Association, noted that policies enacted in 2025 are playing a “guiding” role, opening up more sustainable development opportunities for the real estate market. According to Mr. Dinh, numerous amended laws and resolutions on special mechanisms, particularly in social housing and urban development, have helped resolve many long-standing bottlenecks.
Notably, Mr. Dinh highlighted the increasingly close relationship between real estate and transportation infrastructure. Developing railway lines, metros, and special mechanisms for major cities is not just about transportation but also creates opportunities to leverage land value, promoting more efficient and sustainable urban development.
Experts believe that with the institutional framework gradually improving and development directions established, Vietnam’s real estate market is poised to enter a new phase. However, to capitalize on this opportunity, the key requirement remains caution, transparency, and enhancing the internal capabilities of each enterprise, ensuring a longer-term, stable, and more humane growth cycle.
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