Announcement of Report: Real Estate in Tay Ninh Province After the Merger – Synergistic Strengths and Breakthrough Opportunities

Through extensive research, surveys, data collection, and analysis of the real estate market in Tay Ninh Province following the administrative merger, senior experts from the Vietnam Real Estate Research Institute (VIRES) concluded: “The new Tay Ninh has tremendous development potential, as it can harmoniously combine the unique strengths of the two local economies while leveraging the synergistic power of unified resources in policy, infrastructure, population, labor, and capital flows.”

Speaking at the 1st Congress of the Tay Ninh Provincial Party Committee for the 2025–2030 term, Comrade Nguyen Van Quyet, Secretary of the Tay Ninh Provincial Party Committee, affirmed: “Tay Ninh Province has a relatively high economic growth rate (above the national average), with its economic structure shifting in the right direction and an increasingly complete infrastructure system. By 2030, Tay Ninh aims to become a province with a dynamic and sustainable economy, serving as a strategic connection hub between the Southeast region and the Mekong Delta, while also acting as a key gateway for trade with Cambodia.”

A “New Boost” from the Merger and Resource Synergy

Senior experts at VIRES have identified seven major drivers propelling the transformative development of the real estate market in Tay Ninh following the merger.

First is a strong economic foundation: Tay Ninh’s GRDP growth in the first nine months of 2025 reached 9.52%, leading the Southeast region and ranking 8th out of 34 provinces and cities nationwide, with a target GRDP of 10.1% for 2025.

Second is accelerated transportation infrastructure development: Numerous key infrastructure projects, such as the Ho Chi Minh City – Moc Bai Expressway (expected to open in 2027), Ring Roads 3 and 4, and the Ben Luc – Long Thanh Expressway, are being rapidly completed, positioning Tay Ninh strategically on the regional logistics map and driving the growth of urban and residential belts in line with enhanced connectivity.

The Ho Chi Minh City – Mộc Bài Expressway is expected to open in 2027. (Perspective illustration)

The third driver is a consistent industrial development strategy: The province currently has 46 industrial zones, with plans to expand to 59 zones by 2030, aiming to become one of the provinces with the highest number of industrial parks in the country.

The fourth driver is potential demand from population redistribution: Tay Ninh’s population density is much lower than other key economic areas such as Ho Chi Minh City or the former Bình Dương, creating significant room to accommodate incoming residents and labor from urban centers.

The fifth driver is the local government’s efforts to improve the investment environment: The province’s PCI index in 2024 ranked among the top nationwide, reflecting a progressively better business environment.

The sixth driver is the presence and leadership of strategic investors: Major corporations such as Becamex, VSIP, Vingroup, Sun Group, and others have been expanding investments in Tây Ninh, generating a positive spillover effect.

Finally, the seventh driver comes from the trend of developing green and integrated urban areas according to societal needs: Urban projects with well-planned layouts, transparent legal frameworks, multi-functional integration, a harmonious balance of modern amenities and cultural identity, and preserved green spaces are becoming a contemporary requirement. Real housing demand and sustainable investment in the current period will serve as a “compass,” guiding urban planning and shaping the real estate market in Tay Ninh.

Potential to “replicate Binh Duong’s success story” from 10 years ago

Based on comprehensive analyses of Tay Ninh before and after the merger, senior experts from the Vietnam Real Estate Research Institute (VIRES) have identified the role and potential of the Đức Hòa district area, formerly part of Long An province, now comprising the communes of An Ninh, Hiep Hoa, Hau Nghia, Hoa Khanh, My Hanh, Duc Hoa, and Duc Lap within the new Tay Ninh province. The report notes that Duc Hoa currently shares many similarities with Binh Duong in 2015, from its infrastructure connectivity and abundant industrial land to growing FDI inflows and an increasing labor and migrant population. In particular, Duc Lap commune, strategically located adjacent to TP.HCM (Cu Chi, Hoc Mon, Binh Chanh), is expected to become a strong launch point for integrated satellite urban models developed alongside industrial zones and clusters.

Mr. Bui Van Doanh, Director of VIRES, analyzed: “Given these advantages, the real estate market in Duc Hoa – Duc Lap promises substantial growth potential, as land prices across segments remain significantly lower than in neighboring areas, while land supply still allows for well-planned and scientifically designed urban projects. For example, typical land prices for projects in Đức Hòa are around 19 million VND/m², compared with 31.7 million VND/m² in Can Giuoc and 23.2 million VND/m² in Ben Luc. This represents a major competitive advantage in attracting residents and investors, given the substantial upside potential for property value appreciation in the area.”

Mr. Bui Van Doanh, Director of the Vietnam Real Estate Research Institute (VIRES)

An Huy My Viet and the Trend of Green, Integrated Urban Development

The trend of developing integrated (all-in-one) urban projects that ensure landscape and green space is shaping a new face for urban planning nationwide, and Duc Lap is timely embracing this trend.

One of the urban projects applying this model in Duc Lap is An Huy My Viet by An Huy Group. According to the 1/500 detailed construction planning approved in 2020, the project covers over 115ha, with 60ha currently under development, expected to provide around 2,250 products including land plots, townhouses, villas, and shophouses. Beyond a scientific layout and synchronized amenities such as parks, landscape lakes, commercial areas, schools, and public spaces, the project prioritizes residents’ quality of life with a construction density of only 45%, allocating over 25,000m² for greenery, a 15.5ha natural lake, and a signature Heritage Park of 6ha, reproducing the map of Vietnam and notable monuments such as the One Pillar Pagoda, Ngo Mon Gate in Hue, and more.

“Urban projects that meet the criteria of green transformation, harmoniously combining modern amenities with cultural highlights, like the model pursued by An Huy My Viet, will be part of the future of urban planning in Duc Lap in particular and across the country in general,” said Mr. Bui Van Doanh.

Forecasts and Recommendations

Given the economic growth momentum of Tay Ninh after the merger and the complementary resources highlighted throughout the Report, senior experts at VIRES have provided short-, medium-, and long-term assessments and recommendations. Overall, areas adjacent to Ho Chi Minh City such as Duc Hoa, Ben Luc, Can Giuoc (former districts), along with Trang Bang – Moc Bai, are emerging as investment hotspots due to their strategic location, infrastructure, and rapid urbanization.

In the short term, urban planning and construction will develop alongside the completion of key regional transport corridors such as Ring Road 3, Ring Road 4, the Ben Luc – Long Thanh Expressway, and the Ho Chi Minh City – Moc Bai Expressway. Once these regional connections are completed, local economic growth will accelerate, and urban development will spread to surrounding areas along these major transport routes during the medium term. This period is also expected to witness a boom in commercial real estate, logistics, and eco-spiritual tourism, as mobility improves and local economic activity rises, driven initially by industrial development.

In the long term, New Tay Ninh, specifically the areas adjacent to Ho Chi Minh City, is expected to become a “new Binh Duong,” a major industrial and urban hub in the region. To seize these opportunities, the Report recommends that investors adopt a long-term vision, prioritize projects with transparent legal frameworks along key development corridors, and focus particularly on green urban projects and integrated townships developed by reputable developers.

👉 Download the full report here

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Market Report "Tay Ninh Real Estate After the Merger – Synergistic Strengths and Breakthrough Opportunities"

Report conducted by: Vietnam Real Estate Research Institute (VIRES)

Partner Brand: An Huy Group

Reference Project: An Huy My Viet Urban Area

Communications by: An Huy Group

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