회원사 홍보
In Q1/2026, Viet Nam’s economy was resilient amid external volatility and domestic pressures.
- GDP Growth: 7.8%
- Import Turnover: US$127 billion
- Registered FDI: US$15.2 billion
Savills data indicates increasingly clear shifts between the country’s two key markets, with HCMC recording a notable recovery in market liquidity, while Ha Noi entered a broad-based restructuring phase with expanding new supply.
HCMC MARKET: LIMITED SUPPLY, SELECTIVE LIQUIDITY RECOVERY
In Q1/2026, HCMC’s real estate market remained broadly stable. Limited new supply continued to shape market dynamics, while demand recovered selectively across segments.
- Residential sector: New supply remained constrained, steady demand placed upward pressure on prices in the short to medium term.
- Commercial sector: Retail remained tight with occupancy above 90%. The office market operated at around 88% occupancy in a balanced market.
- Hospitality sector: A positive start supported by the recovery in tourism, with occupancy of around 80% and improving room rates.
HA NOI MARKET: MARKET RESTRUCTURING AND URBAN EXPANSION
Q1/2026 marked a clear restructuring phase for Ha Noi’s real estate market, supported by stable macroeconomic conditions, sustained FDI inflows and long‑term capital city planning. Development trends continued to shift towards a more decentralised model, with increasing emphasis on product quality and end‑user experience.
- Residential sector: The outward shift from the urban core remained evident, particularly along the northern, eastern and western development corridors.
- Commercial sector: The retail and office segments maintained positive performance, underpinned by improving rental rates and occupancy.
- Hospitality sector: Hotels and serviced apartments maintained high occupancy levels, supported by the recovery in tourism and stable FDI inflows.
Get the full Savills Market Brief Q1/2026 to explore key trends and outlook: https://sav.li/lyqvNK
