On the morning of March 12, the Vietnam Real Estate Association (VNREA) held the 2026 Annual Conference of the Standing Committee and Executive Committee and its annual members’ gathering in Hanoi. At the conference, VNREA Chairman Dr. Nguyen Van Khoi highlighted the positive results achieved by the Association in policy consultation and feedback over the past year. Looking ahead, the Association will continue to focus on identifying solutions to address ongoing challenges in the real estate market.
In his opening remarks and guidance for the conference, Dr. Nguyen Van Khoi, Chairman of the Vietnam Real Estate Association, member of the Prime Minister’s Advisory Council for Administrative Procedure Reform, former Standing Committee Member of the Hanoi Party Committee, and former Vice Chairman of the Hanoi People’s Committee, observed that 2026 is a year of significant transformation and change, with the overarching goal of ushering the country into a new era of development - an era of national rise and advancement.
In fact, from late 2024 through early 2025, the Politburo issued several important resolutions, including Resolution No. 57-NQ/TW dated December 22, 2024, on breakthroughs in the development of science and technology, innovation, and national digital transformation; Resolution No. 59-NQ/TW on international integration in the new context; Resolution No. 66-NQ/TW on reforming the development and enforcement of laws to meet the country's development requirements in the new era; and Resolution No. 68-NQ/TW dated May 4, 2025, on private sector development. Most recently, the Politburo issued Resolution No. 79-NQ/TW on the development of the state-owned economy, alongside many other important policies concerning energy, security, and other key sectors of the economy.
"It can be affirmed that the Central Government’s decisive and comprehensive directives are creating strong momentum for reform, unlocking domestic potential and mobilizing resources for national development," Dr. Nguyen Van Khoi emphasized. He also noted that major strategic orientations, such as the development of science and technology, green transition, digital transformation, and the circular economy, are closely aligned with practical demands arising from the need to establish a new growth model and realize the country's ambitious development goals.
Dr. Nguyen Van Khoi assessed that VNREA’s policy consultation and review activities, particularly its contributions to proposed legislative amendments aimed at removing bottlenecks and improving the institutional framework for the real estate market, were the Association’s most notable achievements in 2025. Throughout the year, the Association and its member enterprises actively participated in policy consultations, promptly reported practical difficulties and proposed adjustments to help improve relevant policies and legislation.
"The Vietnam Real Estate Association has participated in numerous working sessions with National Assembly agencies and ministries, including the Ministry of Construction, the Ministry of Agriculture and Environment, and the Ministry of Justice, to directly discuss and provide feedback on draft policies and legal documents related to the real estate market. The Association’s Legal Affairs Committee, together with many member enterprises such as Vingroup, Sun Group, Long Thanh, and Taseco, actively conducted research and submitted written recommendations. In addition, the Association received support from numerous experts through specialized seminars and roundtable discussions to exchange views, discuss issues, and propose solutions to improve the legal framework," Dr. Nguyen Van Khoi stated.
The VNREA Chairman also emphasized that in recent years, particularly in 2025, the Association’s voice has received increasing recognition from ministries, government agencies, and the Government. Many of its recommendations have been taken into consideration by competent authorities and gradually incorporated into several National Assembly resolutions establishing pilot mechanisms. Notable examples include National Assembly Resolution No. 171/2024/QH15 on the pilot implementation of commercial housing projects through agreements on the acquisition of land use rights or projects involving existing land use rights; Resolution No. 201/2025/QH15 on piloting specific mechanisms and policies for social housing development; and Government Decree No. 192/2025/ND-CP, which provides detailed regulations and implementation measures for certain provisions of Resolution No. 201.
However, Dr. Nguyen Van Khoi also noted that from a legal perspective, the real estate market still faces numerous obstacles that require further research and resolution in the coming period.
In addition to policy consultation and review, Dr. Nguyen Van Khoi stated that the Association’s communications activities and organization of professional events had also achieved notable results. Approximately 50 conferences and specialized seminars were held to discuss and propose solutions to address market difficulties, while consolidating feedback and recommendations for submission to ministries, government agencies, and the Government. These seminars focused on specific topics, such as real estate finance and developments in the real estate market, or addressed issues relating to particular regions and localities. Throughout this process, the Association also received active cooperation from ministries and government agencies. It consistently participated in and contributed to many seminars organized by these agencies in localities across the country.
In addition, over the past year, the Association worked closely with ministries and government agencies to disseminate information and organize professional activities. Its affiliated organizations, including the Vietnam Real Estate Electronic Magazine, the Vietnam Institute of Real Estate Research, the Vietnam Association of Realtors, as well as its chapters, inter-chapter associations, and representative office in Ho Chi Minh City, also organized numerous important seminars and conferences in various localities.
"In addressing legal obstacles and carrying out communications activities, these affiliated organizations have been highly active. Media organizations from both central and local press agencies have also provided effective support and made valuable contributions," Dr. Nguyen Van Khoi observed.
Regarding external relations, Dr. Nguyen Van Khoi stated that, in addition to participating in events organized by international real estate associations, the Vietnam Real Estate Association had proactively expanded its cooperation and strengthened connections with international organizations and foreign enterprises. In 2025, the Association welcomed numerous international delegations seeking to learn about and exchange views on Vietnam’s real estate market. This was considered one of the highlights of the Association’s activities over the past year.
Alongside its external relations activities, the Association also effectively facilitated connections between member enterprises and ministries, government agencies, and local authorities. According to Dr. Nguyen Van Khoi, in Ho Chi Minh City, several enterprises facing difficulties related to project planning and legal procedures were connected by the Association with relevant regulatory authorities. The Association also submitted written recommendations to ministries, government agencies, and competent authorities for consideration and resolution. In addition, it directly worked with several localities, including Nghe An and Bac Ninh, to help identify solutions to difficulties faced by enterprises, such as obstacles in determining land prices.
In addition, the Association has contributed to guiding the development of the real estate market through the activities of its affiliated organizations, including the Vietnam Real Estate Electronic Magazine, the Vietnam Institute of Real Estate Research, and the Vietnam Association of Realtors. Through research reports and market analyses covering different periods and various aspects of the market, these organizations have provided valuable reference information, helping reflect actual market conditions and support efforts to resolve difficulties faced by businesses and the public.
Regarding organizational development, Dr. Nguyen Van Khoi stated that the Association had gradually strengthened its organizational structure, including the establishment of the Building Management Sub-Association. "The Association is gradually developing a comprehensive organizational system covering key stages in the operation of the real estate market," Dr. Nguyen Van Khoi emphasized.
Alongside its professional activities, member enterprises have also actively engaged in social initiatives. According to Dr. Nguyen Van Khoi, many enterprises have not only contributed policy recommendations and participated in the Association’s activities but have also demonstrated their social responsibility by supporting disadvantaged groups within the community. Several prominent corporations and enterprises, including Vingroup, Sun Group, CEO Group, and Long Thanh, have proactively participated in various charitable and social welfare initiatives. In addition, many enterprises have contributed to programs launched by the Vietnam Fatherland Front and even visited disadvantaged areas directly to provide assistance to local residents. According to Dr. Nguyen Van Khoi, these activities reflect the social responsibility and strong commitment of the real estate business community to the country's overall development.
Building on the achievements recorded in 2025, Dr. Nguyen Van Khoi stated that in 2026, the Vietnam Real Estate Association would focus on implementing key priorities to continue working alongside regulatory authorities and the business community to address existing difficulties and promote the healthy development of the market.
Key priorities include strengthening coordination with ministries and government agencies in accordance with the Government’s directives, while connecting experts, scientists, corporate legal teams, and media organizations to jointly research and propose solutions that can generate positive impacts on the real estate market.
At the same time, the Association will continue to step up the organization of events and specialized seminars to communicate and disseminate policies, while providing forums for discussion and identifying and addressing emerging market challenges.
Notably, the 2nd Vietnam National Real Estate Awards are scheduled to take place in the second quarter of 2026. This comprehensive award program features multiple categories recognizing enterprises, projects, and individuals that have made outstanding contributions to the market. Dr. Nguyen Van Khoi expressed his hope that member enterprises, experts, and scientists would show their interest and participate, helping promote the positive values of the real estate industry.
The Chairman of the Vietnam Real Estate Association further stated that, throughout the Association’s upcoming activities, its central priority would remain identifying solutions to address existing difficulties in the real estate market. Key issues include planning, bank interest rates, land price determination, and measures to help stabilize real estate prices.