Vinhomes Courts Overseas Vietnamese Capital as Remittance Inflows Hit Record Levels
Key Takeaways
- •Vietnam received roughly US$16 billion in remittances in 2024, ranking among the world's top ten recipient countries.
- •Nearly US$8 billion of overseas capital entered Vietnam's real estate market in the first nine months of 2025.
- •Amendments to Vietnam's Land Law and Law on Real Estate Business, effective in 2024, expanded property rights for overseas Vietnamese, including greater access to land use right certificates.
- •Vinhomes recorded VND205.3 trillion in contracted sales in 2025, a 98% year-on-year increase, and holds a land bank of about 29,500 hectares across 32 operating projects.
- •Vinhomes Royal Island in Hai Phong attracted nearly 10,000 visitors and close to 2,000 purchase bookings within a month of launch, with many buyers being overseas Vietnamese from Europe.

For overseas Vietnamese weighing investment in their homeland, two concerns have long stood in the way: difficulty accessing reliable information and uncertainty about product quality. That landscape is shifting as large-scale, internationally oriented urban developments take shape across Vietnam. Vinhomes, one of the country's premier real estate developers, has positioned itself as a natural destination for overseas Vietnamese capital, offering integrated ecosystems and transparent pricing platforms.
Remittances have long been a stable source of external finance worldwide. According to World Bank estimates cited by the U.S. Federal Reserve, global remittance flows reached a record of approximately US$818 billion in 2023. Vietnam received about US$16 billion in remittances in 2024, placing it among the world's top ten recipients — inflows that represent a meaningful share of the country's economy each year. Nearly US$8 billion of that capital flowed into Vietnam's real estate market in the first nine months of 2025 alone — a signal of growing confidence among overseas Vietnamese, a diaspora estimated at roughly six million people spread across the United States, Japan, Australia, and Europe.
Unlike short-term speculative capital, overseas Vietnamese buyers tend to view property as a long-term store of wealth. That orientation has fueled demand for large-scale urban developments with coherent master planning, clear legal frameworks, and proven operational track records. Amendments to Vietnam's Land Law and Law on Real Estate Business, effective in 2024, expanded rights for overseas Vietnamese — including greater ability to obtain land use right certificates — tapping into an estimated potential housing demand of more than three million homes. The reforms were part of a broader package of legal updates Vietnam enacted to bring its property market onto a more transparent footing after years in which opaque ownership rules discouraged diaspora buyers.
Vinhomes has been pivotal in this shift. Over nearly two decades, beginning with developments such as Royal City and Times City, the company introduced integrated urban living to Vietnam — combining homes, education, healthcare, retail, and green mobility. Vinhomes holds a land bank of approximately 29,500 hectares, nearly two-thirds the land area of Singapore, making it Vietnam's largest developer by land holdings. It operates 32 projects that are home to hundreds of thousands of residents.
The company's 2025 performance underscored that scale. Vinhomes recorded VND205.3 trillion in contracted sales, up 98% year on year, and launched four new mega-urban developments, including Vinhomes Wonder City in Hanoi and Vinhomes Green City in Long An. Its track record was recognized at the Dot Property Southeast Asia Awards 2025, where it was named "Developer of the Year Southeast Asia 2025."
At Vinhomes Royal Island in Hai Phong, the project drew nearly 10,000 visitors and close to 2,000 purchase bookings within a month of launch, with a significant proportion of buyers being overseas Vietnamese from Germany, Poland, and other European countries. Royal Island was among the first projects to publicly list prices on the Vinhomes Market platform, giving buyers abroad remote access to product information — a direct answer to the long-standing difficulty of obtaining reliable information from overseas.
At Vinhomes Hai Van Bay in Da Nang, some overseas Vietnamese families have purchased two properties: one to generate rental income while they remain abroad, and another for a planned eventual return. The broader Vingroup ecosystem — including Vinschool, Vinmec, Vincom Retail, Vinpearl, and VinFast — adds to the appeal by delivering a complete living environment built to international standards, sparing buyers the task of assembling schools, hospitals, and retail services from separate providers.
The convergence of open policies, substantial remittance flows, and Vinhomes' scale is producing a reinforcing cycle: growing confidence draws more overseas Vietnamese capital into the domestic property market, while the scale and credibility of large developments give investors further assurance. As Vietnam's cities evolve, capital can flow back before people do — and the developments those investors fund can become the places to which they eventually return.
Vinhomes is not merely riding the flow of capital back to Vietnam; its urban developments are giving that flow a tangible destination, where investment, quality of life, and the prospect of returning home converge.
Source: Citybuzz