According to Troy Griffiths, Deputy Managing Director of Savills Vietnam, FDI inflows remain stable and are improving in quality. Investment in industrial, technological and property-related projects is strong. Hanoi alone attracted 3.5 billion USD in FDI last quarter, with more than 3.1 billion USD directed into real estate—an indication of international investor confidence.

Vietnam is moving beyond competing on low-cost advantages, Griffiths said, noting that investment is shifting towards high technology, semiconductors, computing and value-added manufacturing. He emphasised that infrastructure development will be the most significant growth driver over the next decade, while rapid urbanisation will spur the rise of satellite cities as new development hubs.

Assoc. Prof. Dr Le Thu Ha of Hanoi University of Architecture noted that newly completed expressways and major infrastructure projects such as airports and seaports are creating strong pull factors for FDI. She said rising demand for green industrial parks and high-quality logistics facilities presents major opportunities, but stressed the importance of proactive, integrated planning to avoid fragmentation.

Vietnam’s GDP is forecast to reach 480–500 billion USD by 2035—almost triple current levels—with annual growth of 7–8%. Urbanisation is expected to reach 50%, equivalent to around 51 million people, while the expanding middle class could account for 75% of the population, driving strong demand for housing, commercial space, tourism and healthcare.

This period marks Vietnam’s transition from a “land accumulation” model to one centred on “value creation”. The market is expected to see a greater role of institutional investors and long-term international capital focused on sustainable development, Griffiths said.

The Government is advancing legal reforms and new capital-mobilisation mechanisms, including infrastructure bonds and digitalised market oversight, to cultivate a transparent and modern investment environment. Climate change, while posing challenges, is also generating opportunities for green investment as Vietnam positions itself as a regional leader in Net Zero and climate-resilient infrastructure.

Despite risks related to exchange-rate fluctuations, global inflation and implementation capacity, experts remain confident that Vietnam will continue to be among Asia’s most attractive investment destinations./.