Nguyen Thanh Tam, Sales Director of Vinhomes Joint Stock Company, talked with VnExpress on the sidelines of the seminar "Can Gio – A New Growth Pole for Ho Chi Minh City."
Drawing on years of experience in the property market and involvement in the 2,870-hectare Vinhomes Green Paradise Can Gio project, Tam shared his views on the southern real estate market, including public investment, interest rates, buyer behavior, and market outlook.
What stands out about Ho Chi Minh City's real estate market at the moment?
Alongside positive macroeconomic signals, relatively stable interest rates, gradual legal improvements, and the return of many developers to the market, one of the most significant drivers in HCMC today is public investment. Beyond supporting infrastructure development, it is also contributing to the formation of new economic zones, expanded urban areas, and housing developments aimed at meeting growing demand.
From now until 2030, HCMC is expected to mobilize more than VND1 quadrillion in public investment capital. At the same time, Dong Nai and Tay Ninh provinces are accelerating regional infrastructure projects. In my experience following the market over more than a decade, the southern region has not previously experienced a development cycle of this scale and level of connectivity.
