The index, which assessed 245 cities, shows that growth in the next 10 years will be heavily concentrated in Asia, supported by a young population, rapid urbanisation, and expanding production.
Ho Chi Minh City ranked second and Hanoi ranked fifth among the world’s leading growth hubs. Savills said infrastructure is playing a decisive role in translating Vietnam’s growth potential into sustainable development. In addition to “hard infrastructure”, “soft infrastructure” – education, healthcare, living conditions, and social amenities – is increasingly shaping investment decisions by businesses and skilled workers.
The strong ranking of the two cities reinforces confidence among domestic and foreign investors in Vietnam’s real estate market. Ho Chi Minh City is a financial, commercial, logistics, and innovation center, while Hanoi is the administrative and political hub and the main growth engine of the north.
Both cities are entering a new expansion phase, driven by public investment, improved transport infrastructure and robust housing demand. Over the longer term, with a stable economic foundation, continued urbanization, and sustained inflows of foreign direct investment, growth prospects for the real estate market in the two cities will remain positive, according to Savills.
