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Report Overview
The Vietnam commercial real estate market reached approximately USD 16.61 Billion in 2024. The market is projected to grow at a CAGR of 13.80% between 2025 and 2034, reaching a value of around USD 60.51 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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As per the Asia-Pacific Investor Intentions Survey, Vietnam’s real estate market ranks second in the emerging destinations in the region right behind India.
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According to the industry reports, in 2024, the majority of investors in Vietnam are interested in industrial and office properties, which provides opportunities for the commercial real estate sector.
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The construction of the Lang Son to Cao Bang Expressway to reduce traffic congestion which is expected to be finished by 2027 is one of the biggest commercial projects in Vietnam.
Leading Companies in the Vietnam Commercial Real Estate Market
The market players are investing heavily in the industrial and logistics sectors to gain a competitive edge in the market.
- Jones Lang LaSalle Inc.
- CBRE Group Inc.
- Savills Plc
- Colliers International Group Inc.
- Vingroup Joint Stock Company
- WeWork Companies LLC
- Song Chau Group
- Ricons Construction Investment JSC
- Coteccons Construction Joint Stock Company
- Elite Real Estate Corporation
- Others
Vietnam Commercial Real Estate Market Report Snapshots
Vietnam Commercial Real Estate Market Size
Vietnam Commercial Real Estate Market Growth
Vietnam Commercial Real Estate Market Share
Vietnam Commercial Real Estate Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the market reached an approximate value of USD 16.61 Billion.
The Vietnam commercial real estate market is estimated to grow at a CAGR of 13.80% between 2025 and 2034.
The market is estimated to witness a healthy growth during 2025-2034 to reach around USD 60.51 Billion by 2034.
The market is being driven due to growing demand for Grade A office space, the rise of the logistics real estate sector due to the expansion of warehouses and distribution centres, and the burgeoning tourism sector.
The key trends aiding the commercial real estate market in Vietnam include increasing awareness of environmental sustainability, the rise of smart building technologies, and expansion of the retail sector.
Regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.
Based on type, market segmentations include offices, retail, industrial/logistics, multi-family, and hospitality, among others.
The major players in the market are Jones Lang LaSalle Inc., CBRE Group Inc., Savills Plc, Colliers International Group Inc., Vingroup Joint Stock Company, WeWork Companies LLC, Song Chau Group, Ricons Construction Investment JSC, Coteccons Construction Joint Stock Company, and Elite Real Estate Corporation, among others.
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