Nearly 960 firms established in the first two months of 2026, up 95% year-on-year.

The real estate sector saw a sharp increase in new firms in
the first two months of 2026 with 959 established, up 94.9% year-on-year,
according to the National Statistics Office.

However, 480 companies in the sector dissolved, marking a
108.7% increase.

Mr. Le Dinh Chung, CEO of SGO Homes, said the figures reflect a
market where opportunities and challenges coexist, forcing firms to adapt to
mounting pressures. High interest rates, macroeconomic volatility, and cautious
investor sentiment continue to weigh on the sector.

On a positive note, the government has stepped up efforts to
resolve legal bottlenecks, paving the way for improved housing supply.
Large-scale projects are expected to be rolled out in 2026.

However, new approvals remain largely concentrated among
financially strong developers, while smaller projects are becoming scarce,
especially in Hanoi.

Experts say the market is moving toward healthier, more
transparent growth, with reduced speculation and a stronger focus on meeting
real housing demand.

VnEconomy-Thanh Xuân