Market Report Q3 | 2025

Vietnam’s economy maintained strong momentum in Q3/2025 with GDP growth of 8.23% YoY and CPI at 3.27%, reflecting solid domestic demand and stable inflation. Despite a dip in FDI inflows, business registrations surged 30%, while retail sales and international arrivals both increased, highlighting continued market resilience and consumer confidence.

Apartment: Prices rose across key cities — HCMC USD 3,023/sqm (+10.1%), Hanoi USD 3,089/sqm (+37.7%), and Da Nang USD 2,656/sqm (+7.1%) – amid limited new launches and improving buyer sentiment.

Office: The market stayed stable with a clear flight-to-quality trend. HCMC Grade A rents averaged USD 46.45/sqm/month, and Hanoi USD 32.7/sqm/month, supported by strong tenant demand for premium spaces.

Retail: Prime retail rents remained high — HCMC USD 80–130/sqm/month, Hanoi USD 60–110/sqm/month — driven by F&B and lifestyle brands. The Vincom x AEON collaboration reflects growing confidence in Vietnam’s consumption outlook.

Hotel: Tourism accelerated with 4.77 million international visitors (+23% YoY), lifting occupancy to around 90% in Hanoi and sustaining strong recovery nationwide.

Learn more by clicking our Vietnam Market Report | Q3 2025