Week 35/2025 – Central Vietnam Real Estate News Summary

In this weekly or sometimes bi-weekly news flash – CVR: Central Vietnam Realty will provide a choice of articles from mainly Vietnamese media sources related to the real estate market in Vietnam.
We will be focusing on issues related to Da Nang and Hoi An, while also looking at national news and their possible impact on Central Vietnam’s property market.
You will find a summary, a link to the source as well as CVR’s take on the article.

We believe that local knowledge is the key to making the best possible decision and that’s what we offer to all our clients.

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1. Da Nang Responds To News Of A Tenfold Increase In Residential Land Prices.

 

1. Da Nang’s Department of Natural Resources and Environment has clarified recent rumors claiming that land prices in the city would surge tenfold. The department confirmed that the city is preparing a new land price list for the 2025-2029 period but stated that the figures circulating online are inaccurate. The price list update is part of a standard review conducted every five years, taking into account market values, infrastructure upgrades, and regional development plans. Any adjustments must undergo a strict approval process involving public consultations, the City People’s Council, and final confirmation from the City People’s Committee, ensuring transparency and fairness.

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   The department also confirmed that the highest increase so far is 2.56 times on Mai Dang Chon Street, where prices rose from 13.48 million VND to 34.5 million VND per square meter. Additionally, agricultural land prices were adjusted upward by 2.04 times in wards and 1.8 times in communes to reduce the price gap when converting land to residential use.

 

Source: cafebiz.vn

 

2. Da Nang Makes Breakthroughs In Attracting Investment.

 

Da Nang witnessed a significant surge in investment flows during August 2025 and the first eight months of the year, strengthening its position as a leading investment hub in Central Vietnam. Favorable policies, improving infrastructure, and the government’s strong commitment to business support have made the city increasingly attractive to both domestic and foreign investors. From mid-August, Da Nang hosted several major investment events, including the Investment Promotion Conference on August 18 for the newly approved 1,881-hectare Free Trade Zone, HorecFex 2025 (Vietnam’s largest HORECA technology forum), and Da Nang Finance & Tech Week 2025, where multiple MoUs were signed with global partners such as Vietcombank, Tether, VNPAY, ARK Global, and GGGI.

 

Key projects also broke ground, including Sun Group’s Da Nang Downtown Complex worth nearly VND 79,790 billion, infrastructure development at the Free Trade Zone, THACO’s expanded Chu Lai–Truong Hai Automotive Park, and the AIDC DeCenter Data Center in Da Nang Hi-Tech Park. From January to August 2025, Da Nang attracted VND 140,470 billion in domestic investment and USD 333.3 million in FDI, a ninefold increase year-on-year. With 72 new FDI projects worth USD 225.9 million, Da Nang is solidifying its ambition to become a regional hub for finance, technology, and innovation.

 

Source: baodanang.vn

 

3. Ministry Of Construction Proposes To Amend Regulations On Granting Construction Permits, Maximum Of Only 7 Days.

 

The Ministry of Construction is seeking feedback on the draft amended Construction Law, proposing significant reforms to simplify building permit procedures. The key change is the “one-time control” principle: from preparation to construction commencement, only one administrative procedure is required, with permits issued in a maximum of seven days. Projects subject to specialized appraisal, such as large-scale, PPP, or public investment projects, would not require permits. For other projects, permits will be managed online with simplified documentation, ensuring compliance with zoning and land use. Design consultants will bear greater responsibility for safety, while authorities will verify compliance. The draft outlines three types of permits—new construction, renovation/relocation, and temporary permits—with conditions tied to planning, land use, safety, and environmental protection.

 

Source: vietnamnet.vn

 

4. Da Nang Launches New Projects, Emerging As The Central Vietnam Real Estate Hotspot.

 

Da Nang is rapidly emerging as the focal point of Central Vietnam’s real estate market, driven by a wave of new large-scale developments. Among the highlights is the Da Nang Downtown Project, a massive 77-hectare complex with an investment of nearly VND 80,000 billion. Designed as a vibrant hub operating day and night, it features a cultural and entertainment park, a 9,000m² theater with 4,000 seats, modern museums, and exhibition centers. The project’s landmark is a 69-story tower, set to become a new architectural icon for the city. Additionally, BRG Group launched Capital Square, a 6.1-hectare “City in City” development featuring 14 towers and over 3,400 luxury apartments, opening investment opportunities for both local and international buyers.

 

Other notable projects include Newtown Diamond, a luxury residential complex within the Da Nang Beach golf resort, and Mia Center Point, expanding the city’s premium apartment supply. Experts believe Da Nang’s real estate market will maintain strong growth, supported by economic recovery, rising foreign investment, booming tourism, and expanded urban planning, solidifying its position as a dynamic property hub in Central Vietnam.

 

Source: laodong.vn

 

5. Da Nang Positioned To Pioneer Offshore Business Model For Foreign Enterprises, Says Blockchain Expert.

 

At the Da Nang Finance and Technology Week 2025 on August 28, during the panel “Connecting Vietnam’s International Financial Center with the Global Financial Network,” Phan Đức Trung — Chairman of the Vietnam Blockchain and Digital Assets Association and 1Matrix — outlined two crucial pillars for developing Vietnam’s blockchain–fintech ecosystem: adopting regulatory technology (regtech) and cultivating a high-quality talent pool to drive innovation and industry growth.

 

He further suggested that Da Nang, as a rising regional hub, could promote an offshore business model by encouraging foreign enterprises to establish representative offices in Vietnam, with Vietnamese legal representatives. According to Mr. Trung, this strategy would attract global companies, generate job opportunities for skilled professionals, and increase foreign currency inflows into the city. This vision positions Da Nang as a potential leader in fostering a dynamic fintech and blockchain ecosystem, driving both economic growth and international collaboration.

 

Source: cafebiz.vn

 

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