Week 26/2026 – Central Vietnam Real Estate News Summary

In this weekly or sometimes bi-weekly news flash – CVR: Central Vietnam Realty will provide a choice of articles from mainly Vietnamese media sources related to the real estate market in Vietnam.
We will be focusing on issues related to Da Nang and Hoi An, while also looking at national news and their possible impact on Central Vietnam’s property market.
You will find a summary, a link to the source as well as CVR’s take on the article.

We believe that local knowledge is the key to making the best possible decision and that’s what we offer to all our clients.

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Key Takeaways

•Dong Nghe Lake Tourism Development – Da Nang has approved plans for a 562.6-hectare tourism and resort destination centered around Dong Nghe Lake. Designed to accommodate approximately 5,000 visitors per day, the project will feature eco-tourism, luxury resorts, adventure activities, entertainment facilities, and cultural attractions, strengthening western Da Nang’s tourism offering.

• Simplified Fire Safety Procedures – Vietnam has removed the mandatory PCCC acceptance inspection process, allowing developers to self-certify compliance and bring projects into operation more quickly. While the reform reduces administrative procedures and project delays, developers now bear greater legal responsibility for fire safety compliance.

• Vietnam Attracts Global Capital – Despite global uncertainty, Vietnam continues to draw strong foreign investment, particularly from Singapore and South Korea. Investors are increasingly focusing on high-quality assets with strategic locations and sustainable cash flow, reinforcing confidence in Vietnam’s long-term real estate prospects.

• Da Nang Market Becomes More Selective – The city’s property market is transitioning from speculative growth toward a more fundamentals-driven cycle. Apartments, rental properties, and well-located commercial assets continue to perform well, supported by tourism growth, infrastructure upgrades, and improving market fundamentals.

• Growing International Retail Presence – More international retailers are entering Da Nang, reflecting confidence in the city’s economic growth and consumer market. The trend is expected to support retail real estate, mixed-use developments, and Da Nang’s emergence as Central Vietnam’s leading commercial hub.

 

1. Da Nang Wants to Turn Dong Nghe Lake into a Resort Destination Spanning Over 560 Hectares.

 

1. Da Nang is moving forward with plans to transform Dong Nghe Lake into a large-scale tourism and resort destination covering approximately 562.6 hectares. Located in Hoa Tien and Hoa Vang communes, the project is designed to leverage the area’s natural scenery, including the lake and surrounding forest landscape, to create a premium nature-based tourism hub. The development is expected to accommodate around 5,000 visitors per day and will complement other tourism destinations in western Da Nang, forming a diverse cluster of leisure and recreation attractions.

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   The master plan divides the area into six functional zones, including water sports and recreational facilities, eco-tourism and adventure activities, luxury resorts, entertainment and convention spaces, cultural and historical sites, a botanical garden, and eco-agriculture experiences. Importantly, the area is planned as a tourism-focused zone without permanent residents, reinforcing its role as a dedicated visitor destination. Once developed, Dong Nghe Lake is expected to become one of Da Nang’s key tourism assets, offering a combination of outdoor adventure, relaxation, cultural exploration, and high-end resort experiences.

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Source: tuoitre.vn

 

2. PCCC Regulatory Update – Removal of PCCC Acceptance Procedure.

 

Starting June 20, 2026, under Government Resolution 66.18/2026, project developers in Vietnam are allowed to self-certify fire prevention and firefighting (FPF) compliance and put projects into operation without waiting for final inspections from the police authorities. Three administrative procedures have been abolished, including FPF acceptance inspections, FPF acceptance approval for projects with approved fire safety designs, and procedures for restoring operations of suspended facilities or vehicles. As a result, only design appraisal and design approval procedures remain before a project can be put into use.

 

The reform is expected to shorten project delivery timelines, reduce compliance costs, and give businesses greater flexibility in managing project completion. However, it also places greater responsibility on developers, who must ensure construction, supervision, and acceptance processes fully comply with applicable fire safety standards and technical regulations. Developers and property owners are now legally accountable for the fire safety performance of their projects. Industry participants have generally welcomed the change, viewing it as a meaningful reduction in administrative burdens while maintaining strict fire safety requirements.

 

Source: vnexpress.net

 

3. Vietnam Poised to Capture a New Wave of Investment from Global Giants.

 

Despite ongoing geopolitical and financial uncertainties, Vietnam continues to attract strong foreign investment interest, particularly from Asian investors. According to Savills, global investors are increasingly viewing real estate as a key portfolio diversification tool due to its tangible value, income-generating potential, and lower correlation with traditional financial markets. While stocks and bonds have become more vulnerable to the same macroeconomic risks, real estate remains attractive for its ability to provide stable cash flow and long-term value preservation. This is reflected in the consistent allocation of around 10.8% of institutional investment portfolios to real estate globally.

 

Vietnam is benefiting from this shift in capital allocation. In the first quarter of 2026, real estate investment activity across Asia-Pacific increased by 19.2% year-on-year, while Vietnam continued to receive strong FDI inflows led by Singapore and South Korea. Investors are showing growing interest in a wide range of asset classes, including residential, hospitality, commercial, and mixed-use developments. Savills notes that foreign investors are increasingly prioritizing assets with strong operational fundamentals, strategic locations, and sustainable long-term cash flow, signaling confidence in Vietnam’s long-term growth prospects and the maturity of its real estate market.

 

Source: cafef.vn

 

4. Da Nang Real Estate Market Shows New Trends in 2026.

 

Da Nang’s real estate market is entering a more stable and selective phase despite strong economic and tourism growth. In Q1 2026, the city welcomed over 4.2 million visitors, up 15.3% year-on-year, while infrastructure expansion, legal improvements, and increasing trade activity continued to support long-term growth. Following the administrative merger with Quang Nam, Da Nang now benefits from one of the most comprehensive transportation networks in Central Vietnam, strengthening its potential as a major logistics hub. However, both housing supply and buyer demand remain concentrated in the former Da Nang urban area. Property prices have continued to rise across most segments, although market interest has cooled since late 2025 and declined after the peak in March 2026. Land plots remain the most sensitive segment to market sentiment, with demand easing but prices holding firm. The apartment sector remains one of the brightest spots, supported by strong tourism and rental demand. Both sale prices and rental rates have maintained solid growth since late 2025. Meanwhile, townhouses and coastal commercial properties have outperformed many other segments, with beachfront locations recording stronger price appreciation than central districts. Overall, Da Nang’s market is shifting from speculative growth toward a more sustainable, fundamentals-driven cycle focused on quality assets and long-term value.

 

Source: nhipsongkinhdoanh.vn

 

5. Da Nang Welcomes International Retail Expansion, Strengthening Its Role as Central Vietnam’s Commercial Hub. 

 

The article highlights Da Nang’s growing appeal to international retailers, driven by solid economic growth, improving commercial infrastructure, and rising consumer demand. The arrival of major global retail players is expected to make the market more dynamic, raise service standards, and enhance the overall shopping experience. It also signals stronger confidence in Da Nang as a long-term consumer and investment market. This retail wave will help reinforce the city’s position as a commercial and service center in Central Vietnam,while creating momentum for retail real estate, commercial spaces, mixed-use developments, and related sectors to expand further in the coming years.

 

Source: baodanang.vn

 

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