Market Share of Commercial Real Estate Industry in Vietnam
Commercial real estate in Vietnam has a medium level of market share concentration. International investors are also attracted to the Vietnamese market and are looking to invest in almost all segments, from office to retail and high-end hotels. Developers are active in creating new hospitality products for sales, most notable of which are coastal shophouse/shop villas in Phu Quoc and Ha Long.
In hospitality real estate, there is a need for developers in Vietnam to diversify their market by paying attention to the non-traditional market and bringing in professionals to manage their property. There is rising demand for quality office and retail stock in centralized places, with the Hanoi CBD in focus. The strength of the manufacturing and tourism sector will keep demand high for retail, office, and industrial units. Some of the players are Vin Group, Dat Xanh Group, FLC Group, Toong, Nam Long Investment, and Sun Group.
Vietnam Commercial Real Estate Market Leaders
Vin Group
Dat Xanh Group
FLC Group
Toong
Nam Long Investment Corporation
*Disclaimer: Major Players sorted in no particular order
