Each week we post a news flash with notable articles related to the real estate market in Vietnam. We asked our team to pick the top stories from the past month and we’ve tallied the results. Check out the headlines that made big news in our office below. Have any of the articles we’ve shared impacted you? Is there any important news we’ve missed? We’d love to hear from you!.
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JUNE 2025 CENTRAL VIETNAM REAL ESTATE NEWS SUMMARY
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1. Da Nang Spends 1,400 Billion VND To Build A Park Along The Han River.
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Da Nang has approved a 1,400 billion VND project to build a riverside public park along the Han River. Around 1,300 billion VND will go toward land clearance of 62 riverfront plots. The remaining 100 billion VND is for infrastructure development. The project will begin between 2026 and 2029. It aims to create a vibrant public space in the Nai Nam area. The park will improve urban connectivity and support tourism. It will also host cultural activities and events. The space may become a new venue for Da Nang’s famous international fireworks festival.
Source: vnexpress.net
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2. The Marriott Complex At Da Nang’s “Kilometer Zero” Sets A New Price Record, Nearing VND 280 million/m².
Located at 58 Bach Dang Street, the 45-story M Landmark tower is a prominent new development in central Da Nang, launched by Foodinco Real Estate JSC (a member of Alphanam Group). On June 1, over 200 luxury apartments in the M Landmark Residences were officially introduced. These units, ranging from 43–89m², are situated from floors 30 to 43 and offer rare 360-degree panoramic views of the mountains, the sea, the Han River, and the city’s famous international fireworks festival. The apartments come fully furnished to 5-star hotel standards, with prices ranging from VND 179 to 279 million per square meter — setting a new price record for Da Nang’s condominium market.
The development includes the Courtyard by Marriott Danang Han River hotel, which opened on May 28. It offers nearly 300 premium rooms. This is the first Courtyard by Marriott hotel in Vietnam. It serves both domestic and international guests with high-end accommodations. Luxury condo demand in Da Nang rose 49% in Q1 2025. Prices also increased by 36% year-over-year, according to Batdongsan.com.vn. The surge is due to limited supply and prime locations. River and sea views attract buyers and investors. Tourism recovery is also boosting the real estate market in the city.
Source: cafef.vn
3. Da Nang Prepares To Auction Chi Lăng Stadium Site.
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The Chi Lăng Stadium site, a 55,000-square-meter plot with four street frontages in central Da Nang, is set for auction to enforce a court judgment related to Pham Cong Danh. Fifteen years ago, the city sold the land to Thien Thanh Group for approximately VND 1,400 billion. In 2011, the land was divided into 14 lots; ten were granted land use rights and mortgaged, while four remain without certificates. Once a historic sports venue, the stadium has deteriorated over time. The government has reclassified the land from sports to commercial-service use, aligning with its mortgaged status. The Politburo and Government have approved auctioning the entire area as a single asset to resolve legal issues comprehensively.
Source: vnexpress.net
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4. Nobu Danang: Luxurious Recognition for Elite Ambassadors.
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VCRE, the developer behind Nobu Danang, is setting a new benchmark in luxury real estate by offering exclusive rewards and experiences to its top-performing brokers, known as “Nobu Firers.” These elite professionals receive high-end incentives such as Hublot watches, substantial cash bonuses, and immersive training trips in locations like Thailand and Da Nang. Activities like paragliding over My Khe Beach allow brokers to personally connect with the project’s unique features, equipping them with powerful, experience-based marketing tools. These programs aim to elevate both their skills and passion for promoting luxury properties.
To join the Nobu Firer ranks, brokers must meet strict criteria, including holding real estate certifications and having proven experience with high-value transactions. Selected individuals benefit from global training, access to marketing resources, and exclusive perks. Some have closed deals worth up to 80 billion VND, earning the title of “million-dollar ambassadors.” Through this prestige-focused model, VCRE is cultivating a community of high-caliber professionals and redefining luxury sales standards in Da Nang.
Source: cafef.vn
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5. Da Nang Will Be A Strategic Investment Destination When It Has A Free Trade Center.
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Da Nang is strategically positioning itself as a modern, future-ready investment hub with the establishment of its Free Trade Zone (FTZ). This pioneering initiative, aligned with national development goals, highlights the city’s ambition. The FTZ’s appeal stems from Da Nang’s integrated economic ecosystem, seamlessly connecting seven functional zones with vital infrastructure like seaports, the international airport, financial centers, and a high-tech park. Its central location on the East-West Economic Corridor makes it an ideal international trade gateway.
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Underpinning this growth are reliable energy supplies, high-speed digital infrastructure, and a highly skilled workforce from top universities. The Da Nang FTZ also embraces smart technology for planning and operations, ensuring efficiency. Investors will benefit from special incentives and streamlined procedures, as the city is committed to becoming a top choice for global investment.
Source: laodong.vn
6. Vingroup To Start The Lang Van Project With 44,000 Billion VND On 22 June 2025.
Lang Van tourism and resort complex is located in Hoa Hiep Bac ward, Lien Chieu district, Da Nang city, with a total area of 512.2 hectares invested by Vinpearl Joint Stock Company, a member of Vingroup. The project has a scale of 44,000 billion VND. Vingroup said that the special feature of Lang Van is its “mountain-facing-sea” location, right at the foot of Hai Van Pass, possessing pristine beauty, fine white sand, clear sea water and majestic cliffs. This is an ideal condition to create a high-class resort space and a unique living experience in the middle of the mountains and rivers of the central region. In addition to the stunning natural landscape, the project is also strategically located, only about 20 minutes from the city center, easy access to Da Nang International Airport and connecting famous landmarks on the central heritage route such as Son Tra Peninsula, Hoi An Ancient Town, Hue Imperial City, etc.
To maximize the advantages of superior nature, Lang Van Tourism and Urban Resort Complex is designed according to the international standard “resort city” model, with low accommodation density. Specifically, the project is planned to be multi-functional, with full amenities from resorts (hotels, resorts, villas), accommodation (apartments), entertainment (theme parks), cuisine, commerce to education, healthcare – creating a harmonious living space between people – nature and technology. Lang Van Tourism and Urban Resort Complex is expected to complete and put into operation the first components from 2027, contributing to activating the economic potential of the region, opening up strong resort tourism, trade, logistics and investment activities. This is also the next step of Vingroup in the strategy of developing a new type of coastal urban chain, based on three pillars: Green – Smart – Ecological, following the advanced ESG urban model in the world.
Source: cafebiz.vn
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