In Q3 2026, Vietnam's GDP growth rate is estimated to reach 9.01% year-on-year, with growth observed in agriculture, industry, and services sectors. Nearly US$50.36 billion in foreign direct investment was attracted.
RETAIL MARKET
Total retail stock in HCMC remained unchanged at approximately 1.24 million sqm in Q3 2026, as no new project entered the market. Existing retail centers continued to focus on improving operational efficiency through tenant mix adjustments, promotional activities and seasonal events to attract shoppers.
RESIDENTIAL MARKET
In Q3 2026, the HCMC apartment market recorded 2,373 newly launched units, up 87% QoQ and nearly four times the level recorded in Q3 2025. The East accounted for the largest share of new supply at 51%, followed by the South (35%) and West (14%), with notable projects including Gladia Heights, Casa Luna and Masteri Cosmo Central. No new launches were recorded in the CBD or CBD Fringe. By segment, high-end apartments accounted for 54% of new supply, followed by luxury (30%), ultra-luxury (2%) and mid-end (14%). Despite the strong recovery in supply, developers continued to adopt phased launches and carefully consider the timing of new project releases
OFFICE MARKET
The HCMC office market recorded no new supply in Q3 2026, keeping total stock stable at approximately 1.75 million sqm NLA. The supply breakdown remained unchanged, with Grade A accounting for around 651,000 sqm and Grade B standing at approximately 1.10 million sqm NLA. With no new completions, limited vacant space additions allowed existing projects to improve occupancy.
INDUSTRIAL PARK
In Q3 2026, total industrial park land stock in the Southern Key Economic Region remained at approximately 35,800 ha, with no major projects entering operation. Most new projects were still undergoing planning, site clearance and infrastructure development.
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