Vietnam Commercial Real Estate Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
                     Vietnam Commercial 
Real Estate Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
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t ransform thei r  bus inesses.
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are at  the top of  the company’s  exper t ise.
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markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Acco r d ing  t o  t h e  l a t e s t  r e po r t  by  I M ARC G r ou p ,  t i t l ed  " V i e t na m Com me rc i a l  R ea l  
Es t a t e  M ark e t :  I ndust ry  T rend s ,  S hare ,  S i z e ,  G row t h ,  O p por t un i t y  and  Forec as t  
2024 - 203 2 , "  t he  V ie t nam  co m m er c ia l  r ea l  es t a t e  m ar k e t  s i ze  i s  p r o je c t ed  t o  ex h ib i t  
a  g r ow t h  r a t e  ( CAG R)  o f  1 4 . 18%  du r ing  2 024 - 2 032 .
Factors  Af fect ing the  Growth of  the  V ie tnam Commerc ia l  Rea l  Estate  
Report Indust ry :Increas ing Interest  in  Susta inable  and Green Developments:
The  r i s i ng  awar enes s  a nd  i n t e r e s t  i n  sus t a inab i l i t y  an d  g r een  de ve lop m en t  r e p r es en t  
Highlight and one  o f  t he  c r uc ia l  f ac t o r s  p r op e l l i ng  t h e  m ar k e t  g r ow t h  i n  V ie t n am .  Th e  in c r ea s ing  
dem and  f o r  eco - f r i en d l y  b u i l d i ngs  and  i n f r as t r uc t u r es  t h a t  i nco r po r a t e  sus t a ina b le  
p r ac t i ces ,  d r i ven  b y  bo t h  e nv i r on m en t a l  conc e r ns  a nd  t he  de s i r e  f o r  co s t  
Description e f f i c i enc ie s  ov e r  t i m e ,  i s  sup po r t in g  t h e  m a r ke t  g r o w t h .  
Th i s  t r end  i s  v i s i b le  i n  t h e  g r o w ing  n um b er  o f  b u i l d i ngs  s eek in g  g r ee n  ce r t i f i ca t i on s .  
Deve lope r s  a r e  f ocu s ing  on  c r ea t i ng  ene r g y - e f f i c i en t  b u i l d i ng s  w i t h  l o wer  ca r b on  
f oo t p r i n t s ,  wh i ch  i s  no t  on l y  env i r o nm e n t a l l y  r e spon s ib le  bu t  a l so  appe a ls  t o  
m u l t i na t i o na l  co r p o r a t i ons  and  en v i r onm en t - con sc iou s  t e nan t s .  Th i s  sh i f t  t ow ar ds  
sus t a inab i l i t y  i s  a l so  sup po r t e d  b y  t he  po l i c i es  and  i n i t i a t i ves  o f  t he  go ve r n ing  bo dy  
a im ed  a t  p r om o t in g  g r e en  b u i l d ing  p r ac t i ces .
Technology  Sector  and E-Commerce  Demand:
The  r i s i ng  em e r gen ce  o f  e - com m er ce  i s  t r a ns f o r m ing  t r ad i t i ona l  r e t a i l  dy nam ics ,  
l ead in g  t o  an  i nc r eas ed  de m and  f o r  l og i s t i c s  and  w a r eh ouse  f ac i l i t i es .  O n l i ne  
sho pp ing  i s  b ecom ing  m or e  p r e va len t ,  d r i v i n g  t he  need  f o r  soph is t i ca t ed  sup p ly  
Report cha in  a nd  d i s t r i bu t i on  ne t w o r ks ,  wh ich  i n  t u r n  d r i ve s  t he  de ve lop m en t  o f  l a r ge - s ca le  l og i s t i c s  pa r ks  an d  d i s t r i bu t io n  ce n t e r s ,  pa r t i cu l a r l y  i n  and  a r oun d  m a jo r  u r ban  a nd  
i ndus t r i a l  hubs .  
Highlight and Add i t i ona l l y ,  t he  t ech no logy  sec t o r  i s  ca t a l yz ing  t he  d em a nd  f o r  m o de r n ,  h igh - t ech  
o f f i c e  spac es  t ha t  c an  acco m m oda t e  t he  needs  o f  t ech  co m pan i es  and  s t a r t ups .  The  
i n t e g r a t i on  o f  sm a r t  bu i l d i ng  t echno log ies  a nd  sus t a in ab le  de s ign  i n  n ew com m e r c ia l  
Description dev e l opm en t s  i s  ga in i ng  t r ac t i on  a s  b us ine sses  p r i o r i t i ze  sus t a inab i l i t y  a nd  
i nnov a t i on .  T h i s  t ech no log i ca l  e vo lu t i on  no t  on l y  shape s  t h e  t y pe  o f  com m e r c ia l  
p r op e r t i e s  i n  d em a nd  b u t  a l s o  ho w t he y  a r e  deve lope d  and  m an aged .
Government  Pol ic ies  and Legal  Reforms:
The  i nc r e as in g  im p lem en t a t i on  o f  p o l i c i es  and  l ega l  r e f o r m s  i s  im pe l l i ng  t he  m ar k e t  
g r ow t h  i n  t h e  cou n t r y .  The se  r e f o r m s  a i m ed  a t  c r ea t i n g  a  m or e  t r ansp a r en t  a nd  
f avo r ab le  i nv es t m en t  c l im a t e .  Add i t i ona l l y ,  t he  r e la xa t i on  o f  l a ws  r e la t ed  t o  f o r e ign  
owne r sh ip  o f  p r ope r t y  i s  ope n ing  d oo r s  f o r  m or e  i n t e r na t i ona l  i nves t o r s .
Th is  change  i s  pa r t i cu la r ly  s ign i f i can t  in  the  h igh -end  p rope r t y  segment ,  whe re  
the re  is  a  no t iceab le  inc rease  in  fo re ign  buyers  and  ren te rs .  Moreover ,  t he  
g rowing  commi tmen t  o f  t he  coun t ry  to  upgrade  in f ras t ruc tu re ,  such  as  
improv ing  t ranspor ta t ion  ne two rks  and  u rban  amen i t ies ,  i s  pos i t i ve ly  
in f luenc ing  the  marke t .  These  e f fo r t s  no t  on ly  enhance  the  a t t rac t iveness  o f  
u rban  a reas  fo r  l i v ing  and  bus iness  bu t  a lso  inc rease  the  va lue  o f  rea l  es ta te  
in  these  improved  loca les .
Report 
Request  for  a  PDF sample  o f  th is  repor t :  
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mp le
Description
Report Description
Vietnam Commercial  Real Estate Market Trends:
The r is ing need for  f lex ib le ,  cost-e f fect ive o f f ice so lu t ions due to  the increas ing number  o f  s tar tups,  
f ree lancers,  and smal l  bus inesses,  a longside the expanding presence of  mul t inat iona l  companies,  is  
st rengthening the market  growth.  Co-work ing spaces cater  to  th is need by prov id ing shared work 
envi ronments that  o f fer  not  jus t  phys ica l  resources but  a lso oppor tun i t ies  for  network ing and 
co l labora t ion.  
Major  c i t ies  are seeing a r ise in  such spaces,  which are  becoming hubs for  innovat ion and 
communi ty-bu i ld ing among profess ionals.  Th is  t rend re f lec ts  a  broader  sh i f t  in  work cu l tu re and is  
a t t ract ing s ign i f ican t  a t tent ion f rom investors  and rea l  esta te  developers.
View Report  TOC, Figures and Tables :  
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Type Insights:
• Offi ces
• Retai l
• Industr ial
• Logist ics
Report • Multi - family
• Hospital i ty
Segmentation
Regional Insights:
• Northern Vietnam
• Central  Vietnam
• Southern Vietnam
How has the Vietnam commercial real estate market 
performed so far and how will it perform in the coming 
years?
What has been the impact of COVID-19 on the Vietnam 
commercial real estate market?
Key What is the breakup of the Vietnam commercial real 
estate market on the basis of type?
Questions 
What are the various stages in the value chain of the 
Answered in Vietnam commercial real estate market?
the Report
What are the key driving factors and challenges in the 
Vietnam commercial real estate?
What is the structure of the Vietnam commercial real 
estate market and who are the key players?
What is the degree of competition in the Vietnam 
commercial real estate market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4    V i e t n a m  C o m m e r c i a l  R e a l  E s t a t e  M a r k e t  -  I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     M a r k e t  D y n a m i c s
    4 . 3     I n d u s t r y  T r e n d s
    4 . 4     C o m p e t i t i v e  I n t e l l i g e n c e
5    V i e t n a m  C o m m e r c i a l  R e a l  E s t a t e  M a r k e t  L a n d s c a p e
    5 . 1     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
    5 . 2     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6    V i e t n a m  C o m m e r c i a l  R e a l  E s t a t e  M a r k e t  -  B r e a k u p  b y  T y p e
    6 . 1     O f f i c e s
        6 . 1 . 1  O v e r v i e w
        6 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 2     R e t a i l
        6 . 2 . 1  O v e r v i e w
        6 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
       
    6 . 3     I n d u s t r i a l
        6 . 3 . 1  O v e r v i e w
        6 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 4     L o g i s t i c s
        6 . 4 . 1  O v e r v i e w
        6 . 4 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 4 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 5     M u l t i - f a m i l y
        6 . 5 . 1  O v e r v i e w
Table of         6 . 5 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )        6 . 5 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 6    H o s p i t a l i t y
        6 . 6 . 1  O v e r v i e w
Contents         6 . 6 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 6 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
7    V i e t n a m  C o m m e r c i a l  R e a l  E s t a t e  M a r k e t  –  B r e a k u p  b y  
R e g i o n
    7 . 1     N o r t h e r n  V i e tn a m
        7 . 1 . 1  O v e r v i e w
        7 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 1 . 3  M a r k e t  B r e a k u p  b y  T y p e
        7 . 1 . 4  K e y  P l a y e r s
        7 . 1 . 5  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 2     C e n t r a l  V i e t n a m
        7 . 2 . 1  O v e r v i e w
        7 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
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e -market / t oc
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