Vietnam has young and abundant human resources, cheap labor costs, and increasingly improved human resources are the factors that attract many large companies and corporations to set up factories here. The number of young Vietnamese workers who know Chinese, Japanese and Korean is increasing, meeting the job demands of companies. Thus, compared to investment in countries such as Thailand and Indonesia, investing in Vietnam will help the business save a large number of costs for personnel.

Vietnam is in a period of industrialization and modernization. Therefore, the industrial sector is also prioritized for development. The system of infrastructure and utilities is increasingly focused on investment, upgrading, and enhancing regional connectivity to help the process of transporting raw materials and goods to the consumer market quickly and conveniently. In addition, the fact that Vietnam joins the Free Trade Agreement (FTA) has opened up many opportunities for the development of the industrial real estate market. Through this Agreement, a series of tariffs have been eliminated, and investment licensing procedures have been streamlined, which has brought great effectiveness in attracting foreign investment, helping businesses easily make decisions to place factories in Vietnam. Vietnam also has more opportunities to exchange science and technology with developed countries, thereby transforming from exporting low-value goods to exporting higher-value goods.

On December 31, 2020, Vice Chairman of HCMC People's Committee Le Hoa Binh signed Decision No. 4834/QD-UBND approving the Project "Building a housing development program in HCMC for the period of 2021 - 2030". According to this scheme, the target of commercial housing development in the period of 2021 – 2030, is expected to develop 45.2 million m² of the floor; in which, from 2021 to 2025, it is expected to develop 19.7 million m² of floor space and from 2026 to 2030 is 25.5 million m² of floor space.

One of the key perspectives in the housing development of HCMC is to transform the housing model from low-rise to modern high-rise housing, mainly for efficient land use, creating a land fund for traffic development, parks, parking spaces, etc., provided that technical and social infrastructure is ensured; increase the proportion of apartment houses in new housing construction investment projects.

HCMC will give priority to the development of investment projects to build new houses, high-rise apartments along major public transport axes (such as metro line No. 1 in Thu Duc City), or areas with the planned implementation of the corresponding technical infrastructure system in 6 developed urban districts including District 7, 12, Binh Tan and Thu Duc City.