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  A Medical Wellness Resort (or Hospital Resort ) is a model that combines an internationally standardized hospital with a high-end resort, providing specialized medical services in a relaxing, health-recovering environment. This model is already well-established in developed countries such as Thailand, South Korea, and Japan and is gradually becoming a new trend in Vietnam . Potential for Developing Medical Wellness Resorts in Vietnam Vietnam possesses several advantages for developing healthcare real estate integrated with wellness tourism: Low-cost, high-quality healthcare : Medical services in Vietnam are increasingly meeting international standards while costing only 30–50% of those in developed countries . Strategic geographical location : Vietnam is near high-demand markets such as China, Japan, South Korea, and Australia , attracting visitors seeking medical treatment. Ideal climate and natural landscapes : Destinations like Da Nang, Nha Trang, Phu Quoc, and Da Lat of...

Two land plots in Son Tra District are set to be auctioned for the development of commercial centers, hotels, and tourism apartments, with a total investment of over 4.4 trillion VND . The Da Nang People's Committee has approved the auction plan for these two land plots in Son Tra District. The first plot, designated A1 , is located within the Bach Dang Dong resettlement project in Nai Hien Dong Ward . Covering an area of over 1.1 hectares , this plot has a starting price of over 460 billion VND , equivalent to 40.6 million VND per square meter . A futuristic cityscape of Da Nang, Vietnam, showcasing its iconic landmarks_ the Dragon Bridge, the Da Nang Bay, and the surrounding mountains. According to the zoning plan, this plot is designated for commercial and service purposes , allowing for the construction of a commercial center, office buildings, luxury hotels, and tourism apartments , with a maximum height of 31 floors and five basement levels . The total estimated investment...

A World-Class Tourism Destination Thanks to investment-friendly policies, infrastructure development, and a diverse range of tourism products, Phu Quoc is establishing itself as a high-end resort hub, attracting a large number of international visitors. Recently, the renowned U.S. travel website Travel Off Path named Phu Quoc as one of the five fastest-growing travel destinations in Southeast Asia, alongside Phuket and Bangkok (Thailand) and Singapore. According to a report by Agoda, Phu Quoc was honored as the most popular international destination in 2025, with searches for accommodations surging by 266% compared to 2024. AI generated content: This is an image of a coastal urban area at night, with islands connected by a cable car system, and fireworks lighting up the sky. Significant Growth in the Tourism Sector According to the Phu Quoc City People's Committee (Kien Giang Province), the city welcomed over 5.9 million visitors in 2024, a 7.1% increase compared to 2023, reaching...

 In recent years, the demand for home ownership in Vietnam among foreign buyers has been steadily increasing. With a rapidly growing economy, open-door policies attracting investment, and a highly appealing real estate market, Vietnam has become an ideal destination for many international professionals, entrepreneurs, and investors. Major cities such as Hanoi, Ho Chi Minh City, and Da Nang have witnessed a surge in interest from foreign buyers due to their strategic locations, modern infrastructure, and high investment potential. Owning property in Vietnam not only fulfills the residential needs of foreigners but also facilitates long-term business and investment activities. Recognizing this trend, the government has introduced policy adjustments allowing foreign individuals and organizations to purchase commercial housing in Vietnam while implementing specific regulations to ensure transparency and compliance. In this context, Da Nang—one of Vietnam’s most livable cities—has seen ...

With its strategic location, well-developed infrastructure, and expanding industrial zones, Hải Phòng is emerging as an attractive destination for foreign direct investment (FDI), driving growth in the local real estate market. Strong FDI Inflows Boosting Growth Hải Phòng is one of Vietnam’s key economic centers, consistently maintaining double-digit GRDP growth for over a decade. In just the first month of 2024, the city attracted nearly $4 billion in investments, with 5 out of 11 projects funded by foreign investors, mainly in household manufacturing, welding industries, and real estate. According to the Ministry of Planning and Investment, Hải Phòng ranked second in Vietnam for FDI attraction in 2024, with a total registered capital of over $4.94 billion—accounting for 12.9% of the country’s total FDI and marking a 42.4% increase from 2023. The Hải Phòng Economic Zone Authority attributes this success to the city's strategic position as the gateway for trade in Northern Vietnam,...

Vietnam’s real estate market has attracted increasing interest from foreign investors. One of the key factors is the rapid urbanization, stable economic growth, and open policies that attract FDI. Major cities such as Hanoi, Ho Chi Minh City, Da Nang, and Nha Trang are appealing destinations due to their potential for price appreciation, modern infrastructure, and vibrant rental market. In particular, coastal resort real estate has drawn significant investment from South Korea, Japan, China, and Europe. 1. Introduction In recent years, Vietnam's real estate market has attracted a significant number of foreign investors, with South Koreans accounting for a considerable proportion. This trend not only reflects the growing interest of Korean individuals and businesses in Vietnam but also results from various economic factors, policy changes, and the country's promising market growth. So, why has Vietnam become an attractive destination for South Korean investors? And will they be ...

 Over the past year, residential land prices in several suburban districts such as Long Bien and Gia Lam have increased by more than 30% year-on-year, according to a report from OneHousing. OneHousing, a market research unit backed by Techcombank and Masterise, noted that both land prices and transaction volumes in Hanoi saw significant growth last year. In 2024, the total number of transactions reached approximately 42,000. Liquidity in this segment peaked in the second quarter before gradually declining toward the end of the year. In the fourth quarter alone, the western area (Cau Giay, Bac Tu Liem, Nam Tu Liem, Ha Dong) led with 3,500 transactions, while the eastern area (Long Bien, Gia Lam) recorded about 2,900 deals. Land prices in other areas also experienced strong growth, ranging between 17-33% over the past year. Specifically, in the east, the average land price in Long Bien was around 130-150 million VND per square meter, while in Gia Lam, it ranged from 40-60 million VND...

 Vinhomes plans to build infrastructure for the new Phuoc Vinh Tay urban area, with a total investment of over VND 80 trillion, starting in 2026 and completing by the end of 2030. This information was disclosed by the project's investors - a joint venture between Vinhomes and VIG - in an environmental impact assessment (EIA) report currently under consultation. The project covers approximately 1,090 hectares in Phuoc Vinh Tay Commune, Can Giuoc District, Long An Province. According to the master plan, the urban area will consist of 7,050 townhouses, nearly 8,200 villas, 13,440 social housing units, and 2,370 low-rise resettlement homes. The estimated population is around 90,000 residents. The total investment for the project is approximately VND 80.079 trillion (over $3 billion). According to the EIA report, land clearance and compensation are expected to be completed by the end of this year. From Q1 2026 to Q4 2027, the project will focus on infrastructure development and resettle...

  Property Sales Tax May Be Applied Based on Ownership Duration The Ministry of Finance has proposed applying personal income tax on real estate transactions based on ownership duration to curb speculation, similar to policies in some countries. This information was included in the proposal to develop a revised Personal Income Tax Law. Currently, Vietnam’s personal income tax policy does not differentiate based on how long a property is held before resale. Taxable income from property transactions is determined by the transfer price on each transaction, with a flat 2% tax rate. However, according to the Ministry of Finance, several countries have used tax measures to increase the cost of speculative activities and reduce their appeal, including personal income tax. Some countries impose taxes based on profits from real estate transactions, factoring in transaction frequency and holding period. Specifically, the shorter the ownership period, the higher the tax rate. For example, in ...

  Three Driving Forces for Vietnam’s Real Estate Market in 2025 Three key drivers will propel Vietnam’s real estate market to strong growth in 2025: new legal reforms, a surge in foreign direct investment (FDI), and the aggressive land acquisition race among major corporations. The combination of these three factors is expected to not only create a more dynamic market but also foster long-term sustainable development. Following the recovery trend of 2024, Vietnam’s real estate market in 2025 is forecasted to enter a more promising phase as three major laws— the 2024 Land Law, the 2023 Housing Law, and the 2023 Real Estate Business Law—are set to take full effect. These legislative changes will help remove existing legal bottlenecks, create a transparent business environment, and enhance investor confidence. One of the most notable changes is the 2024 Land Law, which eliminates the outdated land price framework, allows for annual updates of land price lists, and grants district-leve...

Phu Quoc’s Development Potential as Host of APEC 2027 Hosting the Asia-Pacific Economic Cooperation (APEC) 2027 presents a significant opportunity for Phu Quoc to enhance its urban infrastructure, attract investment, and boost tourism and real estate development. Infrastructure Development Boost Following Hanoi (2006) and Da Nang (2017) , Phu Quoc will become the next Vietnamese city to host the APEC Summit , marking a key milestone in Vietnam’s international economic integration. Under the theme “Connectivity, Building Inclusive and Resilient Economies” , APEC 2027 will not only elevate Vietnam’s global standing but also position Phu Quoc as a regional hub for economic cooperation and trade. With thousands of delegates, high-ranking leaders, and business executives from 21 member economies expected to attend, Phu Quoc will have an excellent opportunity to attract foreign direct investment (FDI) , especially in tourism, real estate, retail, and services. The experience of APEC 2...

HCMC Apartment Prices Reach an Average of 91 Million VND/m², Up 36% in Q4 2024 According to Savills Vietnam's 2024 real estate market report , the average price of apartments in Ho Chi Minh City (HCMC) in Q4 2024 reached 91 million VND/m² (excluding taxes and fees), marking a 36% increase from the previous quarter and a 33% increase year-over-year . This is a new record high for the city's apartment segment. Previously, Avison Young Vietnam reported that 90% of the new supply launched in HCMC in the last three months of 2024 was priced between $3,000 - $5,000/m² (approximately 75 - 120 million VND/m²) . Meanwhile, data from OneHousing (a subsidiary of Techcombank) indicated that the average primary sale price in Q4 was about 85 million VND/m² , with nearly 40% of the supply in the luxury segment , priced between 120 - 290 million VND/m² . Reasons Behind the Sharp Price Increase Savills attributed the price surge mainly to the dominance of high-end apartments in the new...

Bầu Hiển Proposes Investment in Three Major Urban Areas in Bắc Ninh The Chairman of T&T Group, Mr. Đỗ Quang Hiển (Bầu Hiển) , has proposed the development of three large-scale urban projects covering over 1,000 hectares in Bắc Ninh City and Tiên Du District during a meeting with the People's Committee of Bắc Ninh Province on the afternoon of February 12 . Specifically, he suggested developing three major urban areas , including: A Smart Sports and Healthcare Urban Area in Nam Sơn (Bắc Ninh City) , covering 1,340 hectares . A Spiritual Tourism Urban Area and A Tourism and Service Urban Area , both located in Tiên Du District . "Our group hopes that the province will facilitate the early implementation of these projects, contributing to breakthroughs in economic and social development," said Mr. Hiển. At the meeting, the Chairman of Bắc Ninh Provincial People's Committee, Mr. Vương Quốc Tuấn , suggested that T&T Group conduct comprehensive research on devel...

Hanoi Calls for Investment in a $500 Million Theater and Park Project at West Lake The city of Hanoi is seeking investors for the Ngoc Trai Theater and Cultural-Art Park project, with a total investment of approximately $500 million . The project is planned to be located in the Quang An area, Tay Ho District . Project Location and Scope The project is situated on land plots CXĐT.08, CXĐT.09, and P2 , as per the detailed urban planning of the Quang An Peninsula Central Axis . The area is: East and Southeast : Adjacent to Dang Thai Mai Street West : Bordering West Lake Northwest : Adjacent to an existing residential area North : Connected to the planned road linking Dang Thai Mai and Quang Ba With a total area of over 191,240 m² , the project allocates approximately 182,000 m² for the theater and park , while the remaining space will be used for parking and traffic infrastructure . The total estimated investment is 12.756 trillion VND (around $500 million). Project Timeline According ...