Binh Duong province, a rising star in Vietnam’s real estate market, has recorded a staggering 700% increase in land listing prices over the past 10 years, according to data from Q1/2025.
This makes it the highest growth rate among key southern provinces neighboring Ho Chi Minh City, including Dong Nai, Long An, and Ba Ria – Vung Tau.
Speaking at the recent “Binh Duong Real Estate Outlook” forum, Associate Professor Dr. Tran Dinh Thien, former Director of the Vietnam Institute of Economics, highlighted that despite global uncertainties, Vietnam continues to offer investment opportunities—particularly in real estate. He emphasized that Binh Duong reflects the strength of Vietnam’s macroeconomic foundation, citing robust public investment, infrastructure development, and a solid industrial base.
Related: Vietnam Emerges as a Top 10 Global Real Estate Investment Destination
Strategically located just 30 km northeast of Ho Chi Minh City, Binh Duong ranks among the top three provinces in GDP and boasts the highest average income in the country. With future plans to integrate administratively with HCMC and Ba Ria – Vung Tau, Binh Duong is set to become part of a mega-urban cluster, further enhancing its appeal.
But with such dramatic price increases, is now the right time for foreign investors to enter the market—or is the risk too high?
Sophie Dao, Senior Partner at GBS, advises foreign investors to proceed with caution. “Understanding Vietnam’s legal framework is essential to avoid hidden risks in real estate transactions. We guide investors through due diligence, regulatory compliance, and risk mitigation strategies,” she shared.
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Source: Vietnam Insider