This slowdown was attributable to the government’s monetary tightening policy to reduce inflation as foreign property developers weighed up pouring their capital into the Vietnamese market more carefully, especially medium-sized businesses.

However, experts said that businesses with strong economic potential and clear business strategies are likely to invest in the market.

There remain a number of merger and acquisition deals as a result of fast real estate growth over the years.

These deals are forecast to continue growing in both quantity and value in the future.