In particular, the recovery and development process of the Vietnamese real estate market has continued to be strongly restructured. Enterprises with good capacity are proactively expanding their scale, taking advantage of the market recovery to increase market share. Meanwhile, many units with weak management capacity, capital, or legality are forced to withdraw from the market.
According to Dr. Nguyen Van Dinh, in the third quarter of 2025 alone, the country recorded 1,501 newly established real estate enterprises, bringing the total number of newly registered enterprises in the past 9 months to 4,090 units, an increase of 18.7% over the same period in 2024.
The total registered capital of new enterprises in the first 9 months reached more than 334 trillion VND, a sharp increase of 60.5% over the same period. At the same time, the natural elimination process also took place more clearly when 1,260 enterprises in the industry had to dissolve, an increase of 38.9% over the same period.
Meanwhile, regarding the situation of the Vietnamese real estate market in the third quarter and the past 9 months, Pham Thi Mien, Deputy Director of the Viet Nam Real Estate Market Research and Evaluation Institute, said that in the third quarter, the residential real estate market recorded about 34,686 new products, a slight decrease of 5% compared to the previous quarter but still reaching the highest level in the same period of 2021-2024, equivalent to 2.4 times higher than the third quarter of 2024.
In the past 9 months, the supply reached about 86,000 new products, of which apartments accounted for 63% (more than 54,000 units), double the same period in 2024, but the structure still leaned towards customers with high financial potential.
In the supply structure of the 9 months, the proportion of new apartments priced above 50 million VND/m2 remained stable at 63%. However, the high-end apartment segment tends to decrease, to 30%, while luxury and super luxury apartments increase rapidly to 33%. In Ha Noi and Ho Chi Minh City alone, about 80% of the newly launched supply is priced above 80 million VND/m2.
A positive signal for housing demand is that the supply of social housing apartments is improving, with an increasingly rapid growth rate thanks to the participation of large investors.
