1. NOVEMBER 2025 CENTRAL VIETNAM REAL ESTATE NEWS SUMMARY

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   2. 1. Cases Where a Single Land Plot Can Be Issued Two Land-Use Right Certificates (Red Books).

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         Under Vietnam’s 2024 Land Law, there are two specific cases in which a single land plot can legally be issued two land-use right certificates (commonly called “red books”).

          

         Case 1: Shared Land Use Rights.
         According to Article 135(2) of the 2024 Land Law, when a land plot is jointly owned or shared by multiple individuals, each co-owner is entitled to receive a separate land-use right certificate, provided they request it. Alternatively, if all co-owners agree, they may opt for a single certificate issued to a designated representative. However, shared ownership within a household or between spouses will only receive one certificate, with both names (or the representative’s name) recorded.

          

         Case 2: Land Spanning Multiple Administrative Units.
         As stated in Article 147(2), if a land plot lies across the boundaries of two or more communes, wards, or townships under different authorities, each administrative area will issue its own certificate for the respective portion of land. In other words, a plot overlapping two communes will receive two red books, one for each jurisdiction.

          

         Source: laodong.vn

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2. Da Nang Attracts Over USD 11 Billion in Foreign Investment After Administrative Merger.

Da Nang has attracted over USD 11 billion in foreign investment following its merger with Quang Nam Province, including around 28 German enterprises with total registered capital exceeding USD 700 million. On November 3, Chairman of the Da Nang People’s Committee Pham Duc An hosted a meeting with Helga Margarete Barth, Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to Vietnam, during her courtesy visit to the city’s leadership.

Chairman Pham Duc An expressed his pleasure in welcoming Ambassador Barth and highlighted the strong diplomatic relations between Vietnam and Germany, which have flourished for more than half a century. He emphasized Da Nang’s commitment to enhancing cooperation with German localities, with plans to formalize partnerships by 2026. Both sides discussed opportunities for future collaboration in services, tourism, high-tech industries, and innovation—key sectors as Da Nang moves toward becoming a central hub for finance, free trade, and logistics in Central Vietnam. Ambassador Barth praised the city’s development potential and suggested establishing a German consular or honorary consular office in Da Nang to support German enterprises and citizens in the region.

Source: amp.laodong.vn

3. Central Vietnam Hub Danang Set To Become A ‘Laboratory’ For New Financial Models.

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      Da Nang is positioning itself as a key hub within Vietnam’s planned international financial centre (IFC), focusing on next-generation financial services such as green finance, fintech, and digital assets. Under the national resolution, the IFC will span both Ho Chi Minh City and Da Nang, with Da Nang specializing in innovation-driven finance rather than replicating HCMC’s broader financial role. The city’s IFC strategy centers on three pillars—green finance, trade finance, and fintech/digital assets—supported by initiatives such as a regulatory sandbox for digital assets, blockchain, AI-based solutions, and enhanced fund-management activities to nurture fintech startups and SMEs.

       

      This plan aligns with Vietnam’s shift from manufacturing-led growth toward service sectors tied to global capital flows. Da Nang aims to leverage its deep-water port, international airport, free-trade zone, and high-tech park to attract investors and talent. Implementation has begun, including allocating a 22-storey building in Software Park No. 2 for the IFC and developing the legal and regulatory foundations expected to roll out from late 2025.

       

      Source: theinvestor.vn

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4. Vingroup, Masterise, and Sun Group Race to Build Major Infrastructure, Using It as a Weapon to Raise Real Estate Project Value.

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      1. Major real estate developers in Vietnam—Vingroup, Masterise Group, and Sun Group—are shifting their strategies toward large-scale infrastructure investment as a way to enhance the value of their property portfolios. Instead of focusing solely on residential or commercial projects, they are building high-speed railways, expressways, airports, and logistics hubs to strengthen regional connectivity. Vingroup is leading with ambitious transport proposals, including the Hà Nội–Quảng Ninh and HCMC–Cần Giờ high-speed rail lines, as well as the massive North–South high-speed railway. The group is also developing seaports and logistics centers to support its industrial real estate and VinFast supply chain. Masterise Group is applying the TOD (Transit-Oriented Development) model and investing in major infrastructure around its projects, such as Cát Bình International Airport in Bắc Ninh and the proposed Long Thành–Hồ Tràm expressway.

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         Sun Group is focusing on tourism-driven infrastructure, having built key highways in Quảng Ninh and expanding aviation services to strengthen access to its resort ecosystem in Phú Quốc and other destinations. This emerging trend shows that infrastructure is becoming a powerful tool for real estate developers to expand land banks, boost demand, and increase project value. Other major players like Văn Phú Invest and Thaco are also joining the race by proposing roads, bridges, and railway initiatives, signaling a broader industry shift toward integrated infrastructure–property development.

       

      Source: cafef.vn

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5. Da Nang Focuses on Harmonious Development Across Its Tourism Zones.

6. Auction Announced For Three Prime Beachfront Land Plots In Da Nang, Starting From Over VND 330 Billion.

Three commercial-service land plots along the Vo Nguyen Giap beachfront in Da Nang are now up for auction with a combined starting price exceeding 330 billion VND. Each plot spans 480m² and is zoned for restaurant–hotel business operations under a 50-year land-use term. Among them, Plot No. 14 holds the highest reserve price at over 117 billion VND, including more than 113 billion VND for land use rights and about 4 billion VND for an existing restaurant structure with 270m² floor area and over 900m² usable space. The remaining two plots—Nos. 1 and 16—start at more than 106 billion VND and 110 billion VND respectively.

This land strip, located along the Son Tra–Dien Ngoc coastal road, is regarded as one of Da Nang’s most valuable commercial belts, ideal for tourism services such as restaurants, cafés, and visitor amenities. According to the Da Nang Civil Judgment Enforcement Agency, starting prices exclude taxes and transfer-related costs, and assets will be sold as-is. Bidders are required to inspect the site and review legal documents themselves to assess benefits, obligations, and potential risks.

Source: vietnamfinance.vn

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