
Week 39/2025 – 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.
“CVR: Western Management – Local Knowledge”
1. Prime Minister Urges All Ministries To Check The Remaining Stock Of Real Estate Products.
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The Prime Minister emphasized the importance of the real estate market as a driver of growth, while acknowledging its current challenges. Despite strong housing demand, especially among low- and middle-income groups, supply remains limited. To address this imbalance, he urged the acceleration of stalled projects by removing legal obstacles and reducing administrative procedures in construction. He also stressed the need to increase the supply of social housing while tightening control over real estate inventory. The Policy Advisory Council was tasked with studying a comprehensive project for real estate market development.
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Recent data highlights a concerning buildup of unsold properties. By the end of Q2, real estate inventory reached nearly 25,300 units, with apartment stock increasing over 40% compared to earlier in the year. Total inventory across listed developers surpassed VND 531,000 billion, the highest on record. Experts attribute this to excessively high prices and an oversupply of luxury properties, while affordable housing remains scarce.
Source: vnexpress.net
2. Da Nang Signs Cooperation Agreement On Financial Center With Partner In Germany.
On October 1, Da Nang’s People’s Committee announced the signing of a Memorandum of Understanding (MoU) with Frankfurt Main Finance, Germany, to cooperate in developing a financial center in the city. The agreement followed the Investment Promotion Conference for Vietnam’s Financial Center, held on September 30 in Frankfurt under the chairmanship of Permanent Deputy Prime Minister Nguyen Hoa Binh, with the participation of leading international financial institutions. The conference emphasized the strategic direction of building international financial hubs in Ho Chi Minh City and Da Nang, highlighting Da Nang’s potential in financial technology, modern infrastructure, and investor-friendly policies.
At the event, Da Nang leaders outlined their preparations, including the development of a sustainable financial ecosystem, data centers, seaports, airports, and a free trade zone, as well as training international financial talent. The conference also explored opportunities in blockchain, digital finance, and green finance. Both sides viewed Frankfurt as a model and expressed commitment to fostering long-term cooperation.
Source: laodong.vn/
3. Solutions for Planning the Development of Da Nang City: East-West Balance, Identity and Sustainability – Part 1: Shaping the Development Space.
The article discusses urban planning solutions for Da Nang after merging with parts of Quang Nam. It proposes dividing growth into two strategic zones — East and West — not to form rigid borders, but to balance development, share opportunities, and shorten gaps between flatlands and mountains. The East, with most population, infrastructure, coastal advantages and economic dynamism, becomes the growth engine centered on urban, tourism, industry, and high-tech functions. The West, largely mountainous and sparsely populated, is positioned as an ecological and connective gateway, focusing on conservation, stronger infrastructure links, and leveraging natural assets for sustainable development.
Source: baodanang.vn
4. Hue Invites Investment for Two Projects Worth Nearly VND 3,800 Billion in Chan May – Lang Co.
Two major industrial and non-tariff zone projects in Chan May – Lang Co have been announced, covering more than 500 hectares with a combined capital of nearly VND 3,800 billion. Project No. 01 spans 239 hectares with over VND 1,450 billion in investment, including 2 hectares reserved for a wastewater treatment system. Project No. 02 covers 268 hectares and requires more than VND 2,300 billion in funding. Both projects must align with the general planning framework of Chan May – Lang Co Economic Zone and be completed within 24 months from land lease. Investors are required to contribute at least 15% equity capital.
Chan May – Lang Co Economic Zone currently hosts 55 valid projects worth over VND 97,000 billion, including 15 FDI ventures. Under its 2045 master plan, the area is envisioned as a multi-sectoral hub for logistics, tourism, and transport. Recent developments include Phuong Trang Group and Kim Long Motor Hue signing agreements to develop urban complexes and affordable worker housing.
Source: vnexpress.net
5. The Long-term Outlook For Da Nang Real Estate Is Very Positive.
In August and the first eight months of 2025, Da Nang’s trade, services, and transport sectors showed strong recovery, reinforcing its role as a regional economic hub. Retail, wholesale, and tourism grew steadily, benefiting accommodation, dining, and travel services. Real estate, education, and healthcare also contributed to diversified growth. Transport and logistics strengthened Da Nang’s position as Central Vietnam’s logistics center. Despite a short-term dip in real estate revenue in August due to cautious sentiment on new land prices, year-on-year growth remained strong. For eight months, “other services” revenue exceeded VND 37,000 billion (+48.5% YoY), led by real estate at nearly VND 13,600 billion (+108.4%). Long-term outlook for real estate is very positive, supported by strategic location, improving infrastructure, and strong investment inflows.
Source: doanhnghiepvn.vn
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