Top 10 Vietnam Property Developers: A Complete Guide

Buying real estate in Vietnam is a solid bet on economic, demographic, and political trends. And choosing a good property developer in Vietnam is among your most important first steps of investing here.

Vietnam’s economy and population are growing. Thanks to a strong urbanization rate, property values are on the rise. In fact, the country’s average GDP growth has exceeded 7% in the past three decades.

A competent Vietnamese government is yet another appealing factor. They’ve taken important steps to liberalize the economy and welcome foreign investment, drawing manufacturers looking for alternatives to China.

The country has also outperformed much wealthier nations in its handling of COVID-19.

At the same time, property values have remained relatively low. Most apartments cost under $100,000, and even most luxury units go for less than $500,000.

Granted, these low prices partially stem from market entry barriers and Vietnam’s leasehold property system. Foreigners can only own real estate on 50-year leases, but that may change in the near future.

Buyers also face challenges endemic to most frontier markets, such as language barriers and unreliable sellers.

Most foreigners opt to buy from developers to circumvent those issues. But not all Vietnam developers are equal. Subpar companies frequently experience delays, cancellations, and structural issues that can undermine your investment.

When buying real estate in Vietnam, you should look for a developer with a sound reputation and a proven track record of completed projects. Based on these criteria, the following companies are among the best real estate developers in Vietnam.