In Q1 2026, Vietnam's GDP growth rate is estimated to reach 7.8% year-on-year, with growth observed in agriculture, industry, and services sectors. Nearly US$15.2 billion in foreign direct investment was attracted.
Retail Market: In Q1 2026, Hanoi’s retail market saw the addition of over 51,000 square meters of new supply, bringing total retail stock to approximately 1.43 million square meters. The increase was primarily driven by the opening of a shopping center in Secondary areas along with retail podiums in the West.
Residential Market: As of Q1 2026, Hanoi’s apartment market saw more than 6,500 newly launched units, (+5.9% QoQ; +23.5% YoY). Suburban districts continued to dominate primary supply, accounting for approximately 93% of total launches, supported by improved transport infrastructure, limited land availability, and more competitive pricing compared with core urban areas.
Office Market: In Q1 2026, the average asking rent for Grade A offices in Hanoi reached USD 32.1 per sqm per month (+0.2% QoQ; +0.4% YoY). Meanwhile, the Grade B segment recorded a slight softening in rents (+1.0% QoQ: -0.6% YoY).
Industrial Park: As of Q1 2026, the total accumulated industrial land supply in the region exceeded 25,100 hectares, (+4.7% QoQ; +17.9% YoY). During the quarter, the market recorded additional practical supply following the groundbreaking of five industrial parks in Hai Phong, Bac Ninh, and Ninh Binh, contributing more than 1,100 hectares of new leasable land.
Download the latest MarketBeat report below for more details.
